How it makes a moral difference that one is worse off than one could have been

IT Governance and IT Management: Is There a Difference That Makes a Difference?

This essay argues that when the distinction between IT governance and IT management becomes too ambiguous, enterprise executives may conflate the two terms, deeming their participation in IT governance activities unnecessary. This essay posits a core set of executive-level IT governance activities in which business executives should participate. These core activities include: establishment of t...

Context is everything or how could I have been that stupid?

Dual Process Theory provides a useful working model of decision-making. It broadly divides decision-making into intuitive (System 1) and analytical (System 2) processes. System 1 is especially dependent on contextual cues. There appears to be a universal human tendency to contextualize information, mostly in an effort to imbue meaning but also, perhaps, to conserve cognitive energy. Most decisi...

Many Minds are No Worse than One

The Medicaid Mess: How Obamacare Makes It Worse

Under the PPACA, individuals and families with incomes between 138 percent and 400 percent of the Federal Poverty Level (FPL) will be eligible for generous premium subsidies and cost-sharing credits, which they can use to offset the cost of purchasing private insurance on state or federal insurance exchanges created under the law. Uninsured individuals and families with incomes below that level...

Is it possible that human stockbrokers could, one day, be replaced with computer based agent traders

1. ABSTRACT In this paper I discuss the possibility of replacement of human traders in the world’s stock markets, to be replaced with computer based agents. During a recent trading test competition, carried out by Jeffrey Kephart at IBM's research centre in New York between humans and computer agents, it was found that the latter made on average five to seven percent more profit [Kephart et al....