Meaning of the word "decision theory" in English
What does "decision theory" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
decision theory
US /dɪˈsɪʒ.ən ˌθiː.ə.ri/
UK /dɪˈsɪʒ.ən ˌθiː.ə.ri/
Noun
1.
a theory concerned with the process of making choices, especially under conditions of uncertainty, by analyzing the possible outcomes and their probabilities
Example:
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In economics, decision theory helps explain consumer choices.
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He is studying decision theory as part of his master's degree.
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