The sea services face tight funding, limited assets and broader missions as they re-tool for growing and more diverse challenges around the world. Not only must they allocate their resources carefully ...
Minority games constitute a class of models that capture the essential dynamics of competitive decision-making when individuals or agents vie for limited resources. At the heart of these models is the ...
For decades, finance functions allocated resources based on historical data, intuition and a fixed annual budget cycle. This approach provided a stable foundation in predictable markets but lacked the ...
Despite their limited usefulness, each of these 3 approaches captures an important aspect of medicine as a profession. The Hippocratic model captures the fact that the physician's efforts should ...