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

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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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Head, Department of Information & Decision Sciences and Director, Center for Research in Information Management University of Illinois at Chicago
Its line of products also covers business communications, decision sciences, real estate, economics, finance, management, and marketing.
Schroeder, an associate professor of decision sciences at Valparaiso.
 
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