Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions. Learn with practical examples.

At times a group of people, with differing and inconsistent opinions, must come together to make a decision between several options. This happens in business, it happens in social organizations, and ...

Theory guides teaching, patient care, and research. Most are unaware of psychiatry’s and medicine’s guiding theory. Their present reductionistic theory has been discarded by all other sciences.

The idea that we have brains hardwired with a mental template for learning grammar—famously espoused by Noam Chomsky of the Massachusetts Institute of Technology—has dominated linguistics for almost ...

Eric's career includes extensive work in both public and corporate accounting with responsibilities such as preparing and reviewing federal, state, and local tax filings; supporting multinational ...