It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Synthese, Vol. 57, No. 3, Rationality and Objectivity: Philosophical and Psychological Conceptions, Part II (Dec., 1983), pp. 341-365 (25 pages) It is argued that we need a richer version of Bayesian ...

Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...

Bayesian Networks, also known as Belief Networks or Bayes Nets, are a powerful probabilistic graphical model used for reasoning under uncertainty. They have been successfully applied to a wide range ...

Are all your preferences, beliefs, and knowledge written down in your head like a vast library? Or is your mind something more like waves on a quantum sea? While many cognitive scientists have been ...