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Was (wer) ist decision theory - definition
Decision theory
STUDY OF AN AGENT'S CHOICES
Decision Theory; Formal decision methods; Decision science; Decision sciences; Empirical decision theory; Decision strategy; Statistical decision theory; Agency dilema; Uncertainty modeling; Uncertainty Modeling; Choice under uncertainty; Decision making under risk; Decision making under uncertainty; Theory of choice; Normative decision theory; Descriptive decision theory; Prescriptive decision theory; Heuristics in decision making
Decision theory (or the theory of choice; not to be confused with choice theory) is a branch of applied probability theory concerned with the theory of making decisions based on assigning probabilities to various factors and assigning numerical consequences to the outcome.
decision theory
STUDY OF AN AGENT'S CHOICES
Decision Theory; Formal decision methods; Decision science; Decision sciences; Empirical decision theory; Decision strategy; Statistical decision theory; Agency dilema; Uncertainty modeling; Uncertainty Modeling; Choice under uncertainty; Decision making under risk; Decision making under uncertainty; Theory of choice; Normative decision theory; Descriptive decision theory; Prescriptive decision theory; Heuristics in decision making
<probability> A branch of statistics concerning strategies for
decision making in non-deterministic systems. Decision
theory seeks to find strategies that maximise the expected
value of a utility function measuring the desirability of
possible outcomes.
(1995-09-22)
decision theory
STUDY OF AN AGENT'S CHOICES
Decision Theory; Formal decision methods; Decision science; Decision sciences; Empirical decision theory; Decision strategy; Statistical decision theory; Agency dilema; Uncertainty modeling; Uncertainty Modeling; Choice under uncertainty; Decision making under risk; Decision making under uncertainty; Theory of choice; Normative decision theory; Descriptive decision theory; Prescriptive decision theory; Heuristics in decision making
¦ noun the mathematical study of strategies for optimal decision-making between options involving different risks or expectations of gain or loss depending on the outcome. Compare with game theory.
