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Direct linkFiedler, Klaus; Kareev, Yaakov – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2006
Adaptive decision making requires that contingencies between decision options and their relative assets be assessed accurately and quickly. The present research addresses the challenging notion that contingencies may be more visible from small than from large samples of observations. An algorithmic account for such a seemingly paradoxical effect…
Descriptors: Sampling, Decision Making, Computer Simulation, Models
Oil and Gas on Indian Reservations: Statistical Methods Help to Establish Value for Royalty Purposes
Fowler, Mary S.; Kadane, Joseph B. – Journal of Statistics Education, 2006
Part of the history of oil and gas development on Indian reservations concerns potential underpayment of royalties due to under-valuation of production by oil companies. This paper discusses a model used by the Shoshone and Arapaho tribes in a lawsuit against the Federal government, claiming the Government failed to collect adequate royalties.…
Descriptors: Fuels, American Indian Education, Federal Government, Probability
