Decision-Making Theory
(Redirected from Theory of Choice)
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A Decision-Making Theory is the agent theory for decision making.
- AKA: Theory of Choice.
- Context:
- It is concerned with choices that lead to an optimal decision.
- …
- See: Economics, Psychology, Philosophy, Mathematics, Statistics, Value (Personal And Cultural), Uncertainty, Decision Making, Rational Choice, Optimal Decision, Game Theory, Agent (Economics).
References
2016
- (Wikipedia, 2016) ⇒ http://en.wikipedia.org/wiki/Decision_theory Retrieved:2016-6-6.
- Decision theory (or theory of choice) in economics, psychology, sociology, philosophy, mathematics, computer science, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to the field of game theory; decision theory is concerned with the choices of individual agents whereas game theory is concerned with interactions of agents whose decisions affect each other.
2016
- (Story et al., 2013) ⇒ Giles W Story, Ivaylo Vlaev, Ben Seymour, Joel S Winston, Ara Darzi, and Raymond J Dolan. (2013). “Dread and the Disvalue of Future Pain.” In: PLoS computational biology Journal, 9(11). doi:10.1371/journal.pcbi.1003335