decision theory

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decision theory

[di′sizh·ən ‚the·ə·rē]
(systems engineering)
A broad spectrum of concepts and techniques which have been developed to both describe and rationalize the process of decision making, that is, making a choice among several possible alternatives.

decision theory

(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.
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We have stayed committed towards building the world's largest Decision Sciences ecosystem.
With muLearn, customers will have access to thousands of business problems Mu Sigma solves, our perspectives on the world of Decision Sciences and research that Mu Sigma invests in.
Assistant Professor, Department of Information & Decision Sciences, University of Illinois at Chicago
Row is a decision sciences research associate at The Wharton School.
The EXPLOR Award is a significant recognition of our work measuring emotions quantitatively and using the decision sciences to gain real insight into the underlying motivations of shopper choice," said Will Leach, director, strategic insights, PepsiCo.
WASHINGTON, March 16, 2015 /PRNewswire/ -- Decision Sciences International Corporation (DSIC), an advanced technology provider of security and detection systems, today announced it has been awarded a contract by the U.
Both were co-organized by Carnegie Mellon University's Baruch Fischhoff, a leader in bringing together the social, behavioral and decision sciences into this emerging area.
The timely availability of Internet technology provides an expedient and effective way to reach educators and provide options to them for implementing data-driven decision-making with the use of statistical analysis and decision sciences commonly used in other sectors.
CPAs who wish to gain more knowledge about using models might turn to courses in decision sciences or quantitative methods at a local university.
24, 2014 /PRNewswire/ -- Decision Sciences International Corporation (DSIC), an advanced technology provider of security and detection systems, today announced it has appointed Dr.
An advanced technology provider of security and detection systems, Decision Sciences International Corp.

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