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- Decision theory - Wikipedia
The roots of decision theory lie in probability theory, developed by Blaise Pascal and Pierre de Fermat in the 17th century, which was later refined by others like Christiaan Huygens These developments provided a framework for understanding risk and uncertainty, which are central to decision-making
- Decision-making - Wikipedia
In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options It could be either rational or irrational
- Evidential decision theory - Wikipedia
Evidential decision theory (EDT) is a school of thought within decision theory which states that, when a rational agent is confronted with a set of possible actions, one should select the action with the highest news value, that is, the action which would be indicative of the best outcome in expectation if one received the "news" that it had
- Decision theory - Simple English Wikipedia, the free encyclopedia
Decision theory is a mathematical theory about how to best reach a decision This is done using probability theory, statistics and logical reasoning A decision can be made in different ways Decision theory usually picks the best decision by looking at the consequences each way to decide might have
- Decision model - Wikipedia
A decision model in decision theory is the starting point for a decision method within a formal (axiomatic) system Decision models contain at least one action axiom
- Decision field theory - Wikipedia
It is a cognitive model that describes how people actually make decisions rather than a rational or normative theory that prescribes what people should or ought to do
- Decision Theory - Stanford Encyclopedia of Philosophy
Decision theory is concerned with the reasoning underlying an agent’s choices, whether this is a mundane choice between taking the bus or getting a taxi, or a more far-reaching choice made by a powerful agent about whether to pursue significant social change
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