Balbien: Game theory can reform health care industry
By Joel Balbien Economists use game theory to model interactions among patients and doctors where there is strategic behavior by agents who understand that their actions affect the actions of others. It is assumed that each agent has a best response to the actions of all other players, and that this can lead to predictable Read More →
Read More →Every decision needs to pass the self-test
By Carl Oliver Every decision has some risk of being recognized in hindsight as a bad decision. Good business ethics aim to prevent bad decisions. So business ethics training usually teaches people to use the rational decision-making process. Rational decision-making is a corporate ideal. Intuitively it looks like the route to the wisest decision. Even Read More →
Read More →Self-driving cars: Disruptions on the road ahead
By Paul Witman Self-driving cars and trucks are making their way from the lab to city streets and highways. Projects from Google, Audi, Tesla and others have made considerable progress in enabling the “driver” just to tell the car where to go and the car does the rest. Uber, the taxi alternative, is testing these Read More →
Read More →SOAR passage will stifle Ventura County economy
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