“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP).
A recent Delaware Chancery Court opinion offers a significant example of how courts may apply complex probability analysis to determine the amount of damages in an earnout dispute. The case arose from ...
A new study shows how students can better understand and interpret conditional probabilities. A new LMU study shows how students can better understand and interpret conditional probabilities. How ...
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