Research into social preferences and decision-making under uncertainty has grown considerably, reflecting the need to understand how individuals and societies assess risk and uncertainty while ...

Risk aversion is a fundamental trait shaping how individuals, firms and policymakers respond to uncertain outcomes. It encapsulates the preference for certain outcomes over gambles with equivalent ...

Leaders who understand the psychological impact of uncertainty can take intentional steps to create clarity, stability, and ...

Mathematics is deemed to be beyond figures. It is described as the foundation of resilience in society. Thus, this made Temitope Comfort Iroko, a PhD candidate in Mathematics at the University of ...

Uncertainty seems to be everywhere right now. Uncertainty about the economy, politics, careers, weather, and wars, to name just a few. Doubt sets in anytime we face a decision with incomplete or ...

In a world increasingly shaped by artificial intelligence, the question of how machines make decisions under uncertain conditions grows more urgent every day. Subscribe to our newsletter for the ...