decision theory

US /dɪˈsɪʒ.ən ˌθiː.ə.ri/
UK /dɪˈsɪʒ.ən ˌθiː.ə.ri/
"decision theory" picture
1.

beslissingstheorie

a theory concerned with the process of making choices, especially under conditions of uncertainty, by analyzing the possible outcomes and their probabilities

:
In economics, decision theory helps explain consumer choices.
In de economie helpt beslissingstheorie consumentenkeuzes te verklaren.
He is studying decision theory as part of his master's degree.
Hij studeert beslissingstheorie als onderdeel van zijn masteropleiding.