Decision science - Hutchinson encyclopedia article about Decision science Printer Friendly
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decision theory
(redirected from Decision science)

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.01 sec.

decision theory

Theory that decisions can best be made by eliminating intuition and subjective criteria and employing a system of mathematical techniques for analysing decision-making problems. The system aims to minimize error, and includes techniques such as game theory, risk analysis, and utility theory.



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Other medical decision science research continues around the world in an attempt to better understand the cognition and emotion involved for women with breast cancer (as well as for patients with other diseases) where there is more than one treatment option available.
Decision science reminds us that to be forewarned is to forearmed, and advocates multiframing (deliberately examining a situation from many perspectives).
Environmental economists and experts from decision science have long recognized the merit of combining the many environmental sciences necessary to connect a cause and its final effect.
 
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