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The mythological judgement of Paris required selecting from three incomparable alternatives (the goddesses shown).. Decision theory or the theory of rational choice is a branch of probability, economics, and analytic philosophy that uses the tools of expected utility and probability to model how individuals would behave rationally under uncertainty.
Decision is a peer-reviewed academic journal covering research about decision making within the boundaries of an organization, as well as decisions involving inter-firm coordination. According to the 2023 Journal Citation Reports , Decision Sciences has an impact factor of 1.5, placing it in the third quartile (286/401) of journals in the ...
Decision Science and Technology is a compilation of chapters written in honor of a remarkable man, Ward Edwards. Among Ward's many contributions are two significant accomplishments, either of which would have been enough for a very distinguished career. First, Ward is the founder of behavioral decision theory.
Still, omitting the authorship criteria by prioritizing hierarchy arguments, is an unethical practice. This kind of practices may hinder free-thinking and professional independence, and thus should be tackled by research managers, clear research guidelines and authors agreements.
A research proposal is a document proposing a research project, generally in the sciences or academia, and generally constitutes a request for sponsorship of that research. [1] Proposals are evaluated on the cost and potential impact of the proposed research, and on the soundness of the proposed plan for carrying it out. [2] Research proposals ...
In decision theory, the evidential reasoning approach (ER) is a generic evidence-based multi-criteria decision analysis (MCDA) approach for dealing with problems having both quantitative and qualitative criteria under various uncertainties including ignorance and randomness.
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Regret theory is a model in theoretical economics simultaneously developed in 1982 by Graham Loomes and Robert Sugden, [1] David E. Bell, [2] and Peter C. Fishburn. [3] Regret theory models choice under uncertainty taking into account the effect of anticipated regret. Subsequently, several other authors improved upon it. [4]