Search results for keyword: neumann
radium
The Digital Revolution
The Digital Revolution is the ongoing process of technological and digital advancement that has been shaped and enabled by a combination of advances in computing, telecommunications, energy storage, quantum mechanics and electronics. It has been the force behind the largest......
1068 
Hannah
table knot
Standard Costing
Standard costing refers to a system of costing in which standard costs are fixed for an item of cost in advance for controlling and recording purposes. Other terms which also refer to this system of costing are current costing (Andrews, 1990), normal costing (neumann, Rankia and ......
Bandura's reciprocal determinism
Bounded Rationality and Interaction: the Theory of Herbert A. Simon
Abstract
Herbert A. Simon developed the theory of bounded rationality in a series of works that aimed to provide rational explanations for decisions and choices made by humans. By definition, bounded rationality is the state of ......
The silent spiral theory
Spiral of Silence Theory
The Spiral of Silence Theory is a theory developed by German political scientist Elisabeth Noelle-neumann and was first introduced in her book, “The Spiral of Silence: Public Opinion--Our Social Skin”. This theory proposes that individuals are more likely to express opi......
Zero-sum game
The concept of zero-sum game
Zero-sum games are a type of game theory developed in the 1940s by John von neumann and Oskar Morgenstern. In these types of games, if one player gains, another player must lose; any gains or losses cannot be divided, hence the name zero-sum game.
A zero-sum game on......
Ontology
Substance Theory
Substance theory is a concept in metaphysics which posits that a substance is the primary existence of any object. It is considered one of the oldest branches of metaphysics with roots tracing back to Aristotle. Since its conception, many philosophers have attempted to refine the......
Hall
The sky is the limit when it comes to success. It is an old saying but it still has a lot of truth in it. This phrase means that there are no barriers or boundaries that can restrict someone’s potential. It is an age-old belief that when we continually strive and work hard, the sky is the limit w......
john von neumann
John von neumann (John von neumann) was a pioneering figure in computer science and mathematics. Born in Hungary in 1903 to a wealthy family, he was educated at the Budapest Institute of Technology. In 1930, he received his doctorate from the University of Berlin, where he worked for two years bef......
john forbes nash
John Forbes Nash Jr. was one of the most influential mathematicians in the 20th century. He is best known for his pioneering achievements in game theory and his Nobel Prize-winning economic theories. John Nash was born on June 13, 1928 in Bluefield, West Virginia. His father, John Forbes Nash Sr.,......
subgame
Game Theory
Game Theory is an important branch of mathematics and economics concerned with the study of behaviour of players in strategic situations, where the outcome of a player’s choice is determined by the choices of other players. It is a major part of Decision Theory which deals with probl......
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