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  2. Decision Points - Wikipedia

    en.wikipedia.org/wiki/Decision_Points

    Decision Points is a memoir by former U.S. President George W. Bush. [1] It was released on November 9, 2010, and the release was accompanied by national television appearances and a national tour. The book surpassed sales of two million copies less than two months after its release, [ 2 ] breaking the record previously held by former President ...

  3. Information set (game theory) - Wikipedia

    en.wikipedia.org/wiki/Information_set_(game_theory)

    For a better idea on decision vertices, refer to Figure 1. If the game has perfect information, every information set contains only one member, namely the point actually reached at that stage of the game, since each player knows the exact mix of chance moves and player strategies up to the current point in the game. Otherwise, it is the case ...

  4. Decision tree - Wikipedia

    en.wikipedia.org/wiki/Decision_tree

    To summarize, observe the points below, we will define the number D as the depth of the tree. Possible advantages of increasing the number D: Accuracy of the decision-tree classification model increases. Possible disadvantages of increasing D Runtime issues; Decrease in accuracy in general; Pure node splits while going deeper can cause issues.

  5. Decision mining - Wikipedia

    en.wikipedia.org/wiki/Decision_mining

    Decision mining is a way of enhancing process models by analyzing the decision points in the model and finding the rules in those decision points based on data attributes. The rules for decision mining is extracted using decision tree algorithms, that analyses decision points to find out which properties of a case might lead to taking certain ...

  6. Prospect theory - Wikipedia

    en.wikipedia.org/wiki/Prospect_theory

    The theory describes the decision processes in two stages: [1] During an initial phase termed editing, outcomes of a decision are ordered according to a certain heuristic. In particular, people decide which outcomes they consider equivalent, set a reference point and then consider lesser outcomes as losses and greater ones as gains.

  7. Decision theory - Wikipedia

    en.wikipedia.org/wiki/Decision_theory

    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.

  8. Phase-gate process - Wikipedia

    en.wikipedia.org/wiki/Phase-gate_process

    A phase-gate process (also referred to as a waterfall process) is a project management technique in which an initiative or project (e.g., new product development, software development, process improvement, business change) is divided into distinct stages or phases, separated by decision points (known as gates).

  9. Decision analysis - Wikipedia

    en.wikipedia.org/wiki/Decision_analysis

    Decision analysis (DA) is the discipline comprising the philosophy, methodology, and professional practice necessary to address important decisions in a formal manner. . Decision analysis includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing important aspects of a decision; for prescribing a recommended course of action by applying the ...