decision-making under uncertainty
1Group decision making — (also known as collaborative decision making) is a situation faced when individuals are brought together in a group to solve problems. According to the idea of synergy, decisions made collectively tend to be more effective than decisions made by… …
2Decision field theory — (DFT), is a dynamic cognitive approach to human decision making. It is a cognitive model that describes how people make decisions rather than a rational model that prescribes what people should do. It is also a dynamic model of decision making… …
3Info-gap decision theory — is a non probabilistic decision theory that seeks to optimize robustness to failure – or opportuneness for windfall – under severe uncertainty,[1][2] in particular applying sensitivity analysis of the stability radius type[3] to perturbations in… …
4Decision theory — in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to …
5Decision analysis — (DA) is the discipline comprising the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner. Decision analysis includes many procedures, methods, and tools for identifying, clearly… …
6Decision engineering — framework Decision Engineering is a framework that unifies a number of best practices for organizational decision making. It is based on the recognition that, in many organizations, decision making could be improved if a more structured approach… …
7Belief decision matrix — Similar to decision matrix, a belief decision matrix is used to describe a multiple criteria decision analysis (MCDA) problem in the Evidential Reasoning Approach. If in an MCDA problem, there are M alternative options and each need to be… …
8Optimal decision — An optimal decision is a decision such that no other available decision options will lead to a better outcome. It is an important concept in decision theory. In order to compare the different decision outcomes, one commonly assigns a relative… …
9Essence of Decision — Essence of Decision: Explaining the Cuban Missile Crisis is an analysis, by political scientist Graham T. Allison, of the Cuban Missile Crisis. Allison used the crisis as a case study for future studies into governmental decision making. The book …
10Two-moment decision models — Mean variance analysis redirects here. For mean variance portfolio theory, see Modern portfolio theory or Mutual fund separation theorem. In decision theory, economics, and finance, a two moment decision model is a model that describes or… …
