The decision-making paradox is a phenomenon related to decision-making and the quest for determining reliable decision-making methods. It was first described...
7 KB (837 words) - 15:06, 13 January 2024
the same data. This leads to the formulation of a decision-making paradox. Logical decision-making is an important part of all science-based professions...
73 KB (8,752 words) - 22:16, 21 November 2024
The paradox of tolerance is a philosophical concept suggesting that if a society extends tolerance to those who are intolerant, it risks enabling the...
22 KB (2,479 words) - 15:44, 20 November 2024
In philosophy and mathematics, Newcomb's paradox, also known as Newcomb's problem, is a thought experiment involving a game between two players, one of...
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several factors that may indicate the presence of the Abilene Paradox in the decision-making process: Leaders who publicly do not fear the unknown. Such...
18 KB (2,383 words) - 05:53, 26 September 2024
In decision theory, the Ellsberg paradox (or Ellsberg's paradox) is a paradox in which people's decisions are inconsistent with subjective expected utility...
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small amount to the participants. The St. Petersburg paradox is a situation where a naïve decision criterion that takes only the expected value into account...
30 KB (3,624 words) - 13:03, 2 November 2024
Condorcet methods. Condorcet's paradox is a special case of Arrow's paradox, which shows that any kind of social decision-making process is either self-contradictory...
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An apportionment paradox is a situation where an apportionment—a rule for dividing discrete objects according to some proportional relationship—produces...
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Architecture tradeoff analysis method Decision-making Decision-making software Decision-making paradox Decisional balance sheet Multicriteria classification...
47 KB (5,802 words) - 08:45, 23 October 2024
predictions of expected utility theory. The Allais paradox demonstrates that individuals rarely make rational decisions consistently when required to do so immediately...
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decision-making agent might spend the most time on the least important decisions. It was proposed by American physicist Edward Fredkin. The paradox arises...
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Monty Hall problem (redirect from Monty Hall paradox)
computer simulation demonstrating Savant's predicted result. The problem is a paradox of the veridical type, because the solution is so counterintuitive it can...
79 KB (9,909 words) - 14:36, 1 November 2024
In decision making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual after a long session of decision...
27 KB (3,098 words) - 04:41, 17 November 2024
The inventor's paradox is a phenomenon that occurs in seeking a solution to a given problem. Instead of solving a specific type of problem, which would...
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Buridan's ass (redirect from Donkey paradox)
the paradox assumes the ass will always go to whichever is closer, it dies of both hunger and thirst since it cannot make any rational decision between...
20 KB (2,530 words) - 23:45, 18 November 2024
Consensus is built by a group decision-making process in which participants develop and decide on proposals with the goal of achieving broad acceptance...
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younger age). This situation is paradoxical because it is common and logical to equate high-risk populations with making up the majority of the burden of...
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Morton's fork (category Decision-making paradoxes)
A Morton's fork is a type of false dilemma in which contradictory observations lead to the same conclusion. Its name dates back to the rationalising of...
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Game theory Multi-criteria decision making Newcomb's paradox Operations research Optimal decision Preference (economics) Prospect theory Quantum cognition...
28 KB (3,022 words) - 22:39, 21 November 2024
Two envelopes problem (redirect from Envelope paradox)
problem, also known as the exchange paradox, is a paradox in probability theory. It is of special interest in decision theory and for the Bayesian interpretation...
52 KB (8,313 words) - 22:47, 21 September 2024
paradox: Even those who know better play the so-called chain store game in an irrational manner. Decision-making paradox: Selecting the best decision-making...
56 KB (7,854 words) - 21:39, 18 November 2024
speech Paradox of tolerance – Logical paradox in decision-making theory Paradox of value – Contradiction between utility and price Paradoxes of material...
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Cultural evolution Decision theory Decision making Hick's law Mass marketing Sheena Iyengar Information overload Overchoice Paradox of plenty Shopping...
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answers derived by most decision making methods. After all, determining the best decision making method leads to a decision making paradox. Thus the following...
17 KB (2,204 words) - 17:58, 26 January 2024
Kavka's toxin puzzle (category Decision-making paradoxes)
line with Newcomb's paradox, an omniscient pay-off mechanism makes a person's decision known to him before he makes the decision, but it is also assumed...
5 KB (631 words) - 08:42, 22 June 2023
The paradox of voting, also called Downs' paradox, is that for a rational and egoistic voter (Homo economicus), the costs of voting will normally exceed...
9 KB (1,098 words) - 16:12, 3 November 2024
Three prisoners problem (category Decision-making paradoxes)
(i.e., query) that led to those facts. Monty Hall problem Boy or Girl paradox Principle of restricted choice, an application in the card game bridge...
12 KB (2,046 words) - 06:50, 21 November 2024
Arrow's impossibility theorem (redirect from Arrow's Paradox)
be applied to methods of social decision-making other than voting. It therefore generalizes Condorcet's voting paradox, and shows similar problems exist...
65 KB (5,857 words) - 20:52, 15 November 2024
too heavily—to "anchor"—on one trait or piece of information when making decisions (usually the first piece of information acquired on that subject)....
108 KB (10,142 words) - 11:37, 17 November 2024