There are two main approaches to decision making in business. The rational approach based on logic and analysis is favored by many business schools. In practice, most decisions are made using an ...

To better understand decision-making, researchers can create computational models—groups of equations that aim to predict what decisions people would make when faced with a set of choices. For example ...

How does one judge whether a model or a set of models and their results are adequate for supporting regulatory decision making? The essence of the problem is whether the behavior of a model matches ...

Many organizations implementing AI agents tend to focus too narrowly on a single decision-making model, falling into the trap of assuming a one-size-fits-all decision-making framework, one that ...

A behind-the-scenes blog about research methods at Pew Research Center. For our latest findings, visit pewresearch.org. In my first post about topic models, I discussed what topic models are, how they ...

The massive explosion of generative AI models for text and image has been unavoidable lately. As these models become increasingly capable, “foundation model” is a relatively new term being tossed ...