certainty

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certainty

confidence in a certain event or outcome occurring; a subjective judgment by a decision maker. The sure thing, the guaranteed happening, the certain winner.

certainty equivalent
the estimated value of a doubtful happening if it happened; used to help decision making in risky ventures.
certainty required
refers to the making of a diagnosis. The criterion on which a decision can be made about how far to go in the investigation of a case is the degree of certainty required.

Patient discussion about certainty

Q. Can certain fruits/veggies make Ritalin less effective? I've heard this about oranges and lemons - is it true? How about other produce? How much does it weaken Ritalin? Will taking a higher dose resolve the problem? (I currently take 10mg morning and 10mg afternoon)

A. As far as I know, oranges and lemons don't affect Ritalin. However, taking the Ritalin with food may increase the amount of drug that actually get into your body, but it depends on the specific formulation (e.g. Concerta isn't affected by food). One that takes Ritalin should avoid alcoholic drinks, since it may cause decrease activity of the brain, and also should avoid herbs of several kinds (yohimbine and ephedra).

THIS IS ONLY A GENERAL ADVICE - I haven't seen you or checked you, so if you have any concerns than you should consult a doctor.

Q. Is there a relation between certain types of allergies and graves? I suffer from graves and have been suffering from allergies since I was real young. Are these two related somehow?? anyone else suffers from both?

A. Not that I know about. However, allergy is quite common, and Graves' disease is also not a rare disease, so it's not impossible for the two to appear in the same person.

Take care,

Q. Are there are certain types of people that have a stronger tendency to become alcoholics?

A. the important part is to remember that you dont really know if you have a tendency to become an alcoholic until you are one, so the safe bet is to just stay away from it and no tell yourself that "it could never happen to you".

More discussions about certainty
References in periodicals archive ?
For the decision maker, the certainty equivalent may represent a better way to describe the value of the information that can be gained from the test or simulation.
To test necessity, we regress Task-9 PR-equivalents on gender, Task-8 outcome, Task-7 to -8 improvement in outcome, Task-8 self-rank, the lottery certainty equivalent, and a task-order dummy.
It is possible to use the idea of certainty equivalents to evaluate how much individuals would be willing to pay to exchange the type of annuities described in figures 2 and 3 with otherwise similar annuities that shielded them from uncertainty concerning the future evolution of the mortality rates of their respective birth cohorts.
In order to check which certainty equivalent is larger, we define [DELTA] = [CE*.
In order to assess the value of different payoff distributions we will derive in each situation the certainty equivalent CE defined through the following relation:
In this framework, the certainty equivalent is a representation of the cyclist's utility function.
Using the parameter estimates from the CC model, we estimate estimate time and asset specific risk-adjustment to the certainty equivalent user cost of monetary assets included in the U.
According to Seog (2010: 20), "the certainty equivalent (CE) of a gamble is the sure wealth level that provides the individual with the same utility as the expected utility with the gamble.
Investors exercise when the current NAV exceeds the certainty equivalent of holding the hedge fund.
This Variable Certainty Equivalent [VCE] approach is one of a general class of value or utility elicitation options known as indifference methods.
To illustrate this theory in a form suitable for application, assume the investor wishes to maximise a certainty equivalent return,