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standard deviation

Overview page. Subjects: Science and Mathematics.

A measure of the dispersion of data in statistics. For a set of values a 1, a 2, a 3, … an , the mean m is given by (a 1 + anull...

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Behavioral Economics and Strategic Decision Making

Massimo Garbuio, Dan Lovallo and Elif Ketenciouglu.

in The Oxford Handbook of Managerial Economics

July 2013; p ublished online October 2013 .

Article. Subjects: Economics; Financial Institutions and Services; Microeconomics. 10420 words.

Modern strategic decision theory focuses on those actions taken by senior executives (on behalf of the owners) that commit substantial resources, set precedents, and create waves of less...

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