Philosophy of economics
Philosophy and economics (also philosophy of economics) may refer to the branch of philosophy that studies issues relating to economics or, alternatively, to the branch of economics that studies its o...
Game theory
How game theory developed by John Nash (Nobel prize for economics, 1994) was used first to run the economy, and then to justify conservative politics. Consid...
Economic methodology
Economic methodology is the study of methods, especially the scientific method, in relation to economics, including principles underlying economic reasoning. In contemporary English, 'methodology'...
Game theory
Game theory is the study of strategic decision making. Specifically, it is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers." An alternative t...
Game theory - Wikipedia
Decision theory
Decision theory or theory of choice in economics, psychology, philosophy, mathematics, computer science, and statistics is concerned with identifying the values, uncertainties and other issues relevan...
Distributive justice
Distributive justice concerns the nature of a socially just allocation of goods in a society. A society in which incidental inequalities in outcome do not arise would be considered a society guided by...
Justice (economics)
Justice in economics is a subcategory of welfare economics with models frequently representing the ethical-social requirements of a given theory, whether "in the large," as of a just social order, or ...
Heterodox economics
Heterodox economics refers to methodologies or schools of economic thought that are considered outside of "mainstream economics", often represented by expositors as contrasting with or going beyond ne...
Organizational-dynamic game
Organizational-dynamic games are Serious games that teach and reflect the dynamics of organizations at the following 3 levels:Organizational-dynamic games are usually designed for the specific purpose...
Decisional balance sheet
A decisional balance sheet or decision balance sheet is a tabular method for representing the pros and cons of different choices and for helping someone decide what to do in a certain circumstance. Th...
Strategic move
A strategic move in game theory is an action taken by a player outside the defined actions of the game in order to gain a strategic advantage and increase one's payoff. Strategic moves can either be u...
Gradient boosting
Gradient boosting is a machine learning technique for regression problems, which produces a prediction model in the form of an ensemble of weak prediction models, typically decision trees. It builds t...
Grafting (decision trees)
Grafting is the process of adding nodes to inferred decision trees to improve the predictive accuracy. A decision tree is a graphical model that is used as a support tool for decision process.
Onc...
Grafting (decision trees) - Wikipedia
Move by nature
In game theory a move by nature is a decision or move in an extensive form game made by a player who has no strategic interests in the outcome. The effect is to add a player, 'Nature', whose practica...
Move by nature - Wikipedia
Partnership game
In game theory, a partnership game is a symmetric game where both players receive identical payoffs for any strategy set. That is, the payoff for playing strategy a against strategy b receives the sa...
Tragedy of the anticommons
The tragedy of the anticommons is a type of coordination breakdown, in which a single resource has numerous rightsholders who prevent others from using it, frustrating what would be a socially desirab...
Tragedy of the anticommons - Wikipedia
Selfridge-Conway discrete procedure
In problems of envy-free division, the Selfridge–Conway discrete procedure presents a solution for three players. It is named after John Selfridge and John Horton Conway. Selfridge discovered it in 1...
Selfridge-Conway discrete procedure - Wikipedia
Algorithmic mechanism design
Algorithmic mechanism design (AMD) lies at the intersection of economic game theory and computer science.Noam Nisan and Amir Ronen, from the Hebrew University of Jerusalem, first coined "Algorithmic m...
Complete information
Complete information is a term used in economics and game theory to describe an economic situation or game in which knowledge about other market participants or players is available to all participant...
Strategic dominance
In game theory, strategic dominance (commonly called simply dominance) occurs when one strategy is better than another strategy for one player, no matter how that player's opponents may play. Many si...
Coalition-Proof Nash Equilibrium
The concept of coalition-proof Nash equilibrium applies to certain "noncooperative" environments in which players can freely discuss their strategies but cannot make binding commitments.It emphasizes...
Maker-Breaker game
In combinatorial game theory, Maker-Breaker games are a subclass of positional games. It is a two-person game with complete information played on a hypergraph (V,H) where V is an arbitrary set (called...
Multiunit auction
A multiunit auction is an auction in which several items are sold. The units can be sold each at the same price (a uniform price auction) or at different prices (a discriminatory price auction).
A...
Win-win game
A win-win game is a game which is designed in a way that all participants can profit from it in one way or the other. In conflict resolution, a win-win strategy is a conflict resolution process that a...
Clinical decision support system
A clinical decision support system (CDSS) is a health information technology system that is designed to assist physicians and other health professionals with clinical decision-making tasks. A working ...
Solution concept
In game theory, a solution concept is a formal rule for predicting how a game will be played. These predictions are called "solutions", and describe which strategies will be adopted by players and, th...
Expected value of perfect information
In decision theory, the expected value of perfect information (EVPI) is the price that one would be willing to pay in order to gain access to perfect information.
The problem is modeled with a pay...
Ophelimity
Ophelimity is an economic concept introduced by Vilfredo Pareto as a measure of purely economic satisfaction, so he could use the already well-established term utility as a measure of a more broadly-b...
Health management system
The health management system (HMS) is an evolutionary medicine regulative process proposed by Nicholas Humphrey in which actuarial assessment of fitness and economic-type cost-benefit analysis deter...
Decoy effect
In marketing, the decoy effect (or asymmetric dominance effect) is the phenomenon whereby consumers will tend to have a specific change in preference between two options when also presented with a thi...
Info-gap decision theory
Info-gap decision theory is a non-probabilistic decision theory that seeks to optimize robustness to failure – or opportuneness for windfall – under severe uncertainty, in particular applying sensitiv...
Info-gap decision theory - Wikipedia