SportsLine's model simulated the 2025 U.S. Open 10,000 times and revealed its PGA Tour golf picks for Scottie Scheffler, Rory ...

The Web3-AI movement is short on talent, data, compute, infrastructure and capital and risks becoming an afterthought to the ...

Motoring writer Gareth Butterfield has spent a week in Tesla’s new Model Y to see if the changes have improved the world’s ...

Large language models (LLMs)—the advanced AI behind tools like ChatGPT—are increasingly integrated into daily life, assisting ...

Researchers have shown that abstract mathematical functions from the frontiers of theoretical physics have a real-world use in modeling gravitational waves ...

That is, we show how the insights from prospect theory and the endowment effect—introduced at length below—can help us understand the risky decision of whether to move or not. To sharpen the focus of ...

This is the idea at the core of what became known as Dead Internet Theory, a joke-cum-conspiracy that says if ... Real people and our needs have become irrelevant to the business model of the modern ...

They incorporated the cognitive illusions they had discovered into a model called “prospect theory”. According to this theory, people’s well-being responds to changes in wealth, more than ...

Abstract: Recently, the three-way decision models based on prospect theory have attracted much attention, because they can well consider the risk attitude of decision makers when decisions involve ...