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Decision Theory

Decision Theory

Paperback

General Education

ISBN13: 9798364904546
Publisher: Independently Published
Published: Nov 21 2022
Pages: 214
Weight: 0.64
Height: 0.45 Width: 6.00 Depth: 9.00
Language: English
This book presents an overview of the fundamental concepts and outcomes of rational decision-making under uncertainty, highlighting the implications for statistical practice. An overview of the science of decision-making includes a number of methodological tools related to decision-making, such as: analysis of decision-making problems, the decision-making process, stages of the decision-making process, models and modeling, the choice of methods and techniques. The methods further include the criterion of expectations and usefulness, then the concept of factors - external, internal, subjective, objective decision-making factors, as well as formal and informal decision-making factors.

Also from

Nadrljanski, Mila

Also in

General Education