Categories:Statistical inference,
Mathematical and quantitative methods (economics),
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Risk
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decision theoryUncertainty ModelingAgency dilemachoice under uncertaintyDecision making under risk
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Decision theory is a branch of applied probability theory and analytic philosophy concerned with the theory of making decisions based on assigning probabilities to various factors and assigning numerical consequences to the outcome.
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Decision theory is a branch of applied probability theory and analytic philosophy concerned with the theory of making decisions based on assigning probabilities to various factors and assigning numerical consequences to the outcome.
Wikipedia
Identifying the values, uncertainties and other issues relevant in a decision
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