April 11, 2016
Am I Irrational yale collection photo

Am I Irrational?

Professional analysis types are used to seeing two kinds of irrationality. Irrational PEOPLE don’t incorporate real facts into their decisions and beliefs Irrational NUMBERS aren’t ratios of integers.
January 14, 2016
uncertain city limit powerball lone star analysis on oil prices

Oil Prices, Powerball, Adventures in Prospect Theory

What do oil prices have to do with Powerball? Quite a bit, actually.
March 26, 2015

Human Centered Operations Research – The Intersection of Values, Judgement, and Scientific Decisions

We, at Lone Star, are often asked about terms like “Big Data” and “Analytics” compared to older terms like “analysis,” “operations research” or “management science.” This blog has some interesting facts and perspectives on those issues.