Decision Theory
Decision theory is the science of rational choice in situations in which there is uncertainty about the outcome. Rational choice theory asserts that individuals whose behavior satisfie...
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Decision Theory
Decision theory provides a general, mathematically rigorous account of decision making under uncertainty. The subject includes rational choice theory, which seeks to formulate and just...
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Probability and Chance
The weather report says that the chance of a hurricane arriving later today is 90 percent. Forewarned is forearmed: Expecting a hurricane, before leaving home I pack my hurrican...
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Decision Theory
Decision Theory