Sat.Jun 25, 2016

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Decision Making in the Presence of Uncertainty

Herding Cats

There's another rash of Twitter posters supporting the conjecture that decisions can be made about how to spend other people's money without estimating the impact and outcome of that decision. This is a core premise of #NoEstimates from the Original Poster. Here's a starting point to learn that simply not true . Theory of Decision under Uncertainty, Itzhak Gilboa, July 2008.

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