Ward Edwards
Ward Edwards (1927–2005) was an American psychologist, who is prominent for work on decision theory and formulation and revision of beliefs. Education Edwards attended Swarthmore College, and then received his Ph.D. in psychology from Harvard University. Awards * Frank P. Ramsey Award from the Decision Analysis Society, 1988 * Distinguished Scientific Contributions Award in Applied Psychology, American Psychological Association 1996 * 2004 class of Fellows of the Institute for Operations Research and the Management Sciences "The Association for Psychological Science named Ward Edwards as a James McKeen Cattell Fellow in recognition of his sustained and seminal contributions to the technology of decision making and to behavioral decision theory"James McKeen Cattell Fellow Award, 1995 Research Edwards published more than one hundred journal articles and books, including, ''Decision Analysis and Behavioral Research'' and ''Utility Theories: Measurement and Applications''. In ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Decision Theory
Decision theory or the theory of rational choice is a branch of probability theory, probability, economics, and analytic philosophy that uses expected utility and probabilities, probability to model how individuals would behave Rationality, rationally under uncertainty. It differs from the Cognitive science, cognitive and Behavioural sciences, behavioral sciences in that it is mainly Prescriptive economics, prescriptive and concerned with identifying optimal decision, optimal decisions for a rational agent, rather than Descriptive economics, describing how people actually make decisions. Despite this, the field is important to the study of real human behavior by Social science, social scientists, as it lays the foundations to Mathematical model, mathematically model and analyze individuals in fields such as sociology, economics, criminology, cognitive science, moral philosophy and political science. History The roots of decision theory lie in probability theory, developed by Blai ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Normal Distribution
In probability theory and statistics, a normal distribution or Gaussian distribution is a type of continuous probability distribution for a real-valued random variable. The general form of its probability density function is f(x) = \frac e^\,. The parameter is the mean or expectation of the distribution (and also its median and mode), while the parameter \sigma^2 is the variance. The standard deviation of the distribution is (sigma). A random variable with a Gaussian distribution is said to be normally distributed, and is called a normal deviate. Normal distributions are important in statistics and are often used in the natural and social sciences to represent real-valued random variables whose distributions are not known. Their importance is partly due to the central limit theorem. It states that, under some conditions, the average of many samples (observations) of a random variable with finite mean and variance is itself a random variable—whose distribution c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Swarthmore College Alumni
The following is a list of notable people associated with Swarthmore College, a Private school, private, Independent school, independent Liberal arts colleges in the United States, liberal arts college located in the borough of Swarthmore, Pennsylvania. Since its founding in 1864, Swarthmore has graduated 156 classes of students. As of 2022, the College enrolls 1,689 students and has roughly 21,300 living alumni. As of spring 2022, Swarthmore employs nearly 200 faculty members. Nobel laureates Listed chronologically by year of the award. MacArthur Fellows Listed chronologically by year of the grant. List of alumni Listed in alphabetical order by surname. Architecture *Frances Halsband (1965) - FAIA, former Dean of School of Architecture at Pratt Institute *Margaret Helfand (1969)- FAIA (attended 1965–68) *Steven Izenour (1962) *Marianne McKenna (1972) - RIBA Arts, film, theatre, and broadcasting *Joseph Altuzarra (2005) – fashion designer, winner of the 2011 CFDA ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Harvard Graduate School Of Arts And Sciences Alumni
Harvard University is a private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of colonial-era Massachusetts Bay Colony. While never formally affiliated with any denomination, Harvard trained Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston elite. Following the American Civil War, under Harvard president Charles William Eliot's long tenure from 1869 to 1909, Harvard developed multiple professional schools, which transform ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2005 Deaths
This is a list of lists of deaths of notable people, organized by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked below. 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 Earlier years ''Deaths in years earlier than this can usually be found in the main articles of the years.'' See also * Lists of deaths by day * Deaths by year (category) {{DEFAULTSORT:deaths by year ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1927 Births
Events January * January 1 – The British Broadcasting ''Company'' becomes the BBC, British Broadcasting ''Corporation'', when its Royal Charter of incorporation takes effect. John Reith, 1st Baron Reith, John Reith becomes the first Director-General. * January 7 ** The first transatlantic telephone call is made ''via radio'' from New York City, United States, to London, United Kingdom. ** The Harlem Globetrotters exhibition basketball team play their first ever road game in Hinckley, Illinois. * January 9 – The Laurier Palace Theatre fire at a movie theatre in Montreal, Quebec, Canada, kills 78 children. * January 10 – Fritz Lang's futuristic film ''Metropolis (1927 film), Metropolis'' is released in Germany. * January 11 – Louis B. Mayer, head of film studio Metro-Goldwyn-Mayer (MGM), announces the creation of the Academy of Motion Picture Arts and Sciences, at a banquet in Los Angeles, California. * January 24 – U.S. Marines United States occ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bayes Factor
The Bayes factor is a ratio of two competing statistical models represented by their evidence, and is used to quantify the support for one model over the other. The models in question can have a common set of parameters, such as a null hypothesis and an alternative, but this is not necessary; for instance, it could also be a non-linear model compared to its linear approximation. The Bayes factor can be thought of as a Bayesian analog to the likelihood-ratio test, although it uses the integrated (i.e., marginal) likelihood rather than the maximized likelihood. As such, both quantities only coincide under simple hypotheses (e.g., two specific parameter values). Also, in contrast with null hypothesis significance testing, Bayes factors support evaluation of evidence ''in favor'' of a null hypothesis, rather than only allowing the null to be rejected or not rejected. Although conceptually simple, the computation of the Bayes factor can be challenging depending on the complexity of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Linear Regression
In statistics, linear regression is a statistical model, model that estimates the relationship between a Scalar (mathematics), scalar response (dependent variable) and one or more explanatory variables (regressor or independent variable). A model with exactly one explanatory variable is a ''simple linear regression''; a model with two or more explanatory variables is a multiple linear regression. This term is distinct from multivariate linear regression, which predicts multiple correlated dependent variables rather than a single dependent variable. In linear regression, the relationships are modeled using linear predictor functions whose unknown model parameters are estimation theory, estimated from the data. Most commonly, the conditional mean of the response given the values of the explanatory variables (or predictors) is assumed to be an affine function of those values; less commonly, the conditional median or some other quantile is used. Like all forms of regression analysis, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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P-value
In null-hypothesis significance testing, the ''p''-value is the probability of obtaining test results at least as extreme as the result actually observed, under the assumption that the null hypothesis is correct. A very small ''p''-value means that such an extreme observed outcome would be very unlikely ''under the null hypothesis''. Even though reporting ''p''-values of statistical tests is common practice in academic publications of many quantitative fields, misinterpretation and misuse of p-values is widespread and has been a major topic in mathematics and metascience. In 2016, the American Statistical Association (ASA) made a formal statement that "''p''-values do not measure the probability that the studied hypothesis is true, or the probability that the data were produced by random chance alone" and that "a ''p''-value, or statistical significance, does not measure the size of an effect or the importance of a result" or "evidence regarding a model or hypothesis". That ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyman John Harvard (clergyman), John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of Colonial history of the United States, colonial-era Massachusetts Bay Colony. While never formally affiliated with any Religious denomination, denomination, Harvard trained Congregationalism in the United States, Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston B ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Barbara Mellers
Barbara Ann Mellers is the I. George Heyman University Professor of Psychology at the University of Pennsylvania. Her research focuses on decision processes. In 2017, Harvard University’s Kennedy School of Government awarded Mellers the Thomas C. Schelling Award in recognition of "remarkable intellectual work has had a transformative impact on public policy." She worked with the Nobel Prize winning economist and psychologist, Daniel Kahneman to analyze the research of Matthew Killingsworth to help come to a consensus on how money and wealth influences happiness. Education Mellers earned her undergraduate degree in psychology from the University of California, Berkeley in 1974. She went on to do graduate work in psychology at the University of Illinois at Urbana–Champaign, earning an M.A. in 1978 and a Ph.D. in 1981. Career Mellers' research focuses on decision processes. She conducts both laboratory and field experimental work that examine human decision-making and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |