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Author: Justin L. Bergner
Publisher: Rowman & Littlefield
ISBN: 1633888525
Category : Mathematics
Languages : en
Pages : 283
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Book Description
The Price is Right is television’s longest-running game show. Since its inception in 1956, contestants have won cars, tropical vacations, diamond jewelry, even a live horse, and the hosts’ excited catchphrase “come on down!” has become part of our everyday vernacular. Part of the program’s enduring appeal is the apparent ease of the game, guessing the cash value of certain prizes. But, if that’s the case, then why do so many contestants come away from the show empty-handed? Solving The Price is Right is an in-depth exploration of the underlying probability theory of the popular television program that explores how biases and behavioral pitfalls limit our ability to successfully apply logic and math both on and off the show. With rigorous data and analysis compiled from Seasons 47 and 48 (356 total episodes), investor and math practitioner Justin L. Bergner draws strategic and mathematical insights from all facets of the show, from Contestant’s Row bidding to the Showcase Showdown, and all 77 Pricing Games, using a combination of game theory, probability theory, statistics, and pattern recognition. In each section, Bergner summarizes contestant performance, highlights the biases leading to sub-par outcomes, and shows how outcomes can be improved by executing the right strategies while avoiding cognitive biases. Throughout, Bergner applies the lessons learned to the fields of business, finance, and our real lives, shedding light on themes of reverse psychology, strategic patience, and the importance of establishing what is sufficient for success in our pursuits. The result is a truly unique and meticulously researched book that uses Solving The Price is Right as a lens to examine our own choices – and how to make better ones.
Author: Justin L. Bergner
Publisher: Rowman & Littlefield
ISBN: 1633888525
Category : Mathematics
Languages : en
Pages : 283
Get Book Here
Book Description
The Price is Right is television’s longest-running game show. Since its inception in 1956, contestants have won cars, tropical vacations, diamond jewelry, even a live horse, and the hosts’ excited catchphrase “come on down!” has become part of our everyday vernacular. Part of the program’s enduring appeal is the apparent ease of the game, guessing the cash value of certain prizes. But, if that’s the case, then why do so many contestants come away from the show empty-handed? Solving The Price is Right is an in-depth exploration of the underlying probability theory of the popular television program that explores how biases and behavioral pitfalls limit our ability to successfully apply logic and math both on and off the show. With rigorous data and analysis compiled from Seasons 47 and 48 (356 total episodes), investor and math practitioner Justin L. Bergner draws strategic and mathematical insights from all facets of the show, from Contestant’s Row bidding to the Showcase Showdown, and all 77 Pricing Games, using a combination of game theory, probability theory, statistics, and pattern recognition. In each section, Bergner summarizes contestant performance, highlights the biases leading to sub-par outcomes, and shows how outcomes can be improved by executing the right strategies while avoiding cognitive biases. Throughout, Bergner applies the lessons learned to the fields of business, finance, and our real lives, shedding light on themes of reverse psychology, strategic patience, and the importance of establishing what is sufficient for success in our pursuits. The result is a truly unique and meticulously researched book that uses Solving The Price is Right as a lens to examine our own choices – and how to make better ones.
Author: Stan Finkelstein
Publisher: FT Press
ISBN: 0132703998
Category : Business & Economics
Languages : en
Pages : 207
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Book Description
A Real Plan for Making Drugs Affordable–and Promoting Innovation, Too “This book is a necessity for understanding the pharmaceutical industry. Both the pluses and minuses of the present system are set forth with a judicious combination of historical narrative, economic analysis, and statistical data. The highly original proposals for reform will be a major stimulant to analysis and policy-making.” –Kenneth Arrow, Nobel Laureate in Economics, Professor Emeritus, Stanford University “This is a timely book by authors who know what they are talking about. They tackle a big problem: rising drug prices that are threatening to overwhelm us all–and especially those with limited or absent health care insurance. Will we drive people overseas for healthcare? Will there be social unrest? This book describes the problem and then offers a solution. Worth a careful read by everyone, pharmaceutical manufacturers and government policymakers especially.” –Roger Williams, M.D., Chief Executive Officer of the United States Pharmacopeia and a former senior official of the Food and Drug Administration “This book confounds two sets of skeptics: Those who say there’s no way to resolve the conflict between the need to fund pharmaceutical research and our desire to keep medicine affordable; and those who think that economics never has anything good to say.” –Honorable Barney Frank, Congressman from Massachusetts “This book comes at the right time and could become the starting point of discussions, which will eventually lead us into new era in the healthcare care industry. It will without a doubt become a must for insiders of the pharma- and biotech industries.” –Dr. Jürgen Drews, retired President of Roche Pharmaceutical Group Global Research Acknowledgments viii About the Authors ix Introduction xi Chapter 1: Drugs and Drug Prices 1 Chapter 2: The American Way to Discover Drugs 21 Chapter 3: The Drug Industry Today 39 Chapter 4: Are Drug Companies Risky? 59 Chapter 5: How Not to Lower Drug Prices 77 Chapter 6: Squandering R & D Resources 103 Chapter 7: How to Lower Drug Prices 129 Appendix: Our Solution in Detail 155 Index 177
Author: Arthur Engel
Publisher: Springer Science & Business Media
ISBN: 0387226419
Category : Mathematics
Languages : en
Pages : 404
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Book Description
A unique collection of competition problems from over twenty major national and international mathematical competitions for high school students. Written for trainers and participants of contests of all levels up to the highest level, this will appeal to high school teachers conducting a mathematics club who need a range of simple to complex problems and to those instructors wishing to pose a "problem of the week", thus bringing a creative atmosphere into the classrooms. Equally, this is a must-have for individuals interested in solving difficult and challenging problems. Each chapter starts with typical examples illustrating the central concepts and is followed by a number of carefully selected problems and their solutions. Most of the solutions are complete, but some merely point to the road leading to the final solution. In addition to being a valuable resource of mathematical problems and solution strategies, this is the most complete training book on the market.
Author: J. MacGregor Smith
Publisher: Springer Nature
ISBN: 303075801X
Category : Mathematics
Languages : en
Pages : 275
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Book Description
This textbook provides an introduction to the use and understanding of optimization and modeling for upper-level undergraduate students in engineering and mathematics. The formulation of optimization problems is founded through concepts and techniques from operations research: Combinatorial Optimization, Linear Programming, and Integer and Nonlinear Programming (COLIN). Computer Science (CS) is also relevant and important given the applications of algorithms and Apps/algorithms (A) in solving optimization problems. Each chapter provides an overview of the main concepts of optimization according to COLINA, providing examples through App Inventor and AMPL software applications. All apps developed through the text are available for download. Additionally, the text includes links to the University of Wisconsin NEOS server, designed to handle more computing-intensive problems in complex optimization. Readers are encouraged to have some background in calculus, linear algebra, and related mathematics.
Author: Stan Blits
Publisher: Harper Collins
ISBN: 0061350117
Category : Performing Arts
Languages : en
Pages : 22
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Book Description
The Official Behind-the-Scenes Guide to America's Most Popular and Longest-Running Game Show! For thirty-five years, The Price Is Right has been television's #1 game show, inviting 4.5 million home viewers daily to "Come On Down!" and join the studio contestants as they compete for fabulous prizes. A true pop culture phenomenon—with its flashy set, Big Wheel, Plinko board, "Barker Beauties," quirky contestants, Showcase Showdowns, and most importantly, its legendary host, Bob Barker—Price has set the standard for daytime reality TV. And no one knows it better than Stan Blits, the show's music director, contestant coordinator, and Emmy Award-nominated staff writer, who has been on the set and behind the scenes for almost three decades. In Come On Down! he shares the never-before-told stories and secrets about the most memorable moments, outrageous contestants, highlights and lowlights, and painstaking process of carefully handpicking just the right elements that have made The Price Is Right a long-running hit. Jam-packed with photographs, trivia, and fascinating memories, Come On Down! is the perfect gift for every Price fan!
Author: Simon Severino
Publisher: Kogan Page Publishers
ISBN: 1398603503
Category : Business & Economics
Languages : en
Pages : 201
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Book Description
You can grow your revenue and scale your business without sacrificing your whole personal life. It's all about working smarter, not longer. Strategy Sprints is the blueprint that you need to increase your effectiveness, grow your revenue and secure business resilience. Using the "Sprints" method, agile expert Simon Severino shows you how to transform your business with 12 assignments or "sprints" that will make you more impactful as a business leader, grow your revenue and make your strategy execution rock. Through these tried and tested exercises, businesses blow the competition out of the water. Strategy Sprints will teach you to identify the bottlenecks that are weighing your business down, turn you and anyone in your team into a sales superstar and streamline processes so you spend time where it matters. The outcomes you'll master include: - developing a compelling vision - mapping out where you can make the most money - increasing your conversion rates to sales With plenty of practical tools and templates that work, learn how Strategy Sprints can transform your business.
Author: Alfred S Posamentier
Publisher: World Scientific
ISBN: 9813146362
Category : Mathematics
Languages : en
Pages : 136
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Book Description
Games are seen only for recreation. However, this book shows that games can be used to strengthen problem-solving skills and beyond. This book presents strategy games and discusses for each one solutions towards a winning position in the game. In most cases, these strategies are analogous to problem-solving strategies in mathematics. Readers are also exposed to a wide variety of games from several different cultures, which will broaden the perspective of the readers.
Author: Iain King
Publisher: Bloomsbury Publishing
ISBN: 1441186700
Category : Philosophy
Languages : en
Pages : 256
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Book Description
A compelling guide to ethical thinking for everyday life In How to Make Good Decisions and Be Right All the Time Iain King presents an introduction to moral philosophy from the ancient Greeks to the Enlightenment and beyond. He argues that right and wrong need a Newtonian revolution so that they are no longer a matter of judgment or guesswork and presents a system of simple formulas for solving difficult moral quandaries. Clearly argued, the book combines new ideas with old and rips apart traditional tenets of morality, dismantling even the golden rule that you should "do unto others as you would have done unto you." In their place, the author constructs a new, comprehensive system of ethics, identifying the basic DNA of right and wrong and offering clear advice on how to be good in today's complicated and challenging world. Sometimes controversial and thoroughly engaging throughout, How to Make Good Decisions and Be Right All the Time is required reading for anyone with a difficult decision to make.
Author: Gerard Sierksma
Publisher: CRC Press
ISBN: 1498743129
Category : Business & Economics
Languages : en
Pages : 676
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Book Description
Presenting a strong and clear relationship between theory and practice, Linear and Integer Optimization: Theory and Practice is divided into two main parts. The first covers the theory of linear and integer optimization, including both basic and advanced topics. Dantzig's simplex algorithm, duality, sensitivity analysis, integer optimization models
Author: Karin Hess
Publisher: Corwin Press
ISBN: 1506393772
Category : Education
Languages : en
Pages : 608
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Book Description
Build assessments you can really use | Unlock the how, when, what, and why Watch your system become greater than its parts by building local capacity through common language and deeper knowledge of assessment components. For years, educators have turned to the Hess Cognitive Rigor Matrices (CRM). Now for the first time, the modules are packaged into one resource to help you evaluate the quality and premise of your current assessment system. Designed as a professional development guide for long-term use by school leaders, five content-rich, topic-based modules: Offer field-tested, teacher-friendly strategies for local school test development Can be used for individual or professional development opportunities Allow for sequential or non-sequential use
