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Additional
decision theory
English Wikipedia - The Free Encyclopedia
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Decision theory
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.
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