When you make business decisions as a manager, you take into account qualitative factors like reputations, brand strength and employee morale, as well as quantifiable data such as sales figures, ...

Coverage and reimbursement decisions are hardly predictable or consistent within and across US payers. Payers are in the position of determining which drugs to pay for, for whom, and at what level to ...

ITHACA, N.Y.--(BUSINESS WIRE)--Decision tree software can help discern a logical strategy and progression to achieve goals, creating a visual map and path to success. Ascendion Law, a commercial ...

Institutional investors face complex decisions—where to allocate capital, which managers to trust, how to weather volatility. These choices can’t rely on instinct alone. They require data, structure, ...

Forbes contributors publish independent expert analyses and insights. Some decisions are made easily and quickly. They just feel right. Others, though, lead to laborious analysis, long consideration, ...

Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

In last month’s article, we touched on the importance of probability in our daily lives. We shared brain teasers and non-intuitive facts that highlighted how an understanding of probability can help ...