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Game theory pioneer John Nash killed in car crash

May 25, 2015 By editor

Sad to hear that game theory pioneer and Nobel Laureate John Nash was killed yesterday in a car accident. Game theory is used to study interactive decision-making. Nash made fundamental contributions to the field, leading to him being awarded the Nobel Prize for Economics in 1994. … [Read more...]

Filed Under: Behavioral economics, Confrontation analysis, Decision science

SchoolBenchmarker relaunched with latest data

May 13, 2015 By editor

SchoolBenchmarker, developed by us and Prism Decision Systems for the New York State Center for Rural Schools, has just been relaunched with the latest schools data. The mobile web application allows school managers to compare their schools against high-performing peers. The core technology could be used to compare any kind of operating units, such as healthcare providers or retail branches. … [Read more...]

Filed Under: Decision science, Products Tagged With: benchmarking, education

UK general election predictions

April 30, 2015 By editor

FiveThirtyEight is publishing forecasts for the 2015 UK general election. The site was founded by Nate Silver who made a name for himself creating models that were successful in forecasting the results of recent US elections. Current predictions are for even closer parity between the Conservatives and Labour, with the SNP comfortably in third place (but not fully in control of the balance of … [Read more...]

Filed Under: Data analysis, Decision science

New machine learning podcast

January 13, 2015 By editor

Talking Machines is a new machine learning podcast hosted by journalist Katherine Gorman and Havard computer science professor Ryan Adams. It's described as: [...] your window into the world of machine learning. Your hosts [...] bring you clear conversations with experts in the field, insightful discussions of industry news, and useful answers to your questions. Machine learning is changing … [Read more...]

Filed Under: Decision science Tagged With: podcast

R package for electricity forecasting released

January 13, 2015 By editor

Rob Hyndman and Shu Fan have released an R package for electricity demand forecasting. It's based on their paper "Density forecasting for long-term peak electricity demand", published in 2010. From the project's Github page: The package requires the following data as input: - half-hourly/hourly electricity demands - half-hourly/hourly temperatures at one or two locations - seasonal … [Read more...]

Filed Under: Decision science Tagged With: forecasting

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