decision theory

E725899
academic discipline branch of applied mathematics branch of economics branch of philosophy theory of choice

Decision theory is a field that studies how individuals and agents should make choices under conditions of uncertainty, weighing probabilities, outcomes, and preferences to determine optimal decisions.

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All labels observed (3)

Label Occurrences
Bayesian decision theory 1
behavioral decision theory 1
decision theory canonical 1

Statements (56)

Predicate Object
instanceOf academic discipline ⓘ
branch of applied mathematics ⓘ
branch of economics ⓘ
branch of philosophy ⓘ
theory of choice ⓘ
aimsAt identifying optimal decisions ⓘ
prescribing rational choice rules ⓘ
appliesTo artificial agents ⓘ
individual decision makers ⓘ
organizations ⓘ
public policy design ⓘ
corePrinciple consistency of preferences ⓘ
maximization of expected utility ⓘ
developedBy Amos Tversky NERFINISHED ⓘ
Bruno de Finetti NERFINISHED ⓘ
Daniel Kahneman NERFINISHED ⓘ
Frank P. Ramsey NERFINISHED ⓘ
John von Neumann NERFINISHED ⓘ
Leonard J. Savage NERFINISHED ⓘ
Oskar Morgenstern NERFINISHED ⓘ
hasSubfield Bayesian decision theory NERFINISHED ⓘ
descriptive decision theory ⓘ
game theory ⓘ
normative decision theory ⓘ
prescriptive decision theory ⓘ
sequential decision theory ⓘ
social choice theory ⓘ
statistical decision theory ⓘ
relatedTo artificial intelligence ⓘ
behavioral economics ⓘ
cognitive psychology ⓘ
microeconomics ⓘ
operations research ⓘ
probability theory ⓘ
statistics ⓘ
studies decision making under uncertainty ⓘ
outcomes ⓘ
preferences ⓘ
probabilities ⓘ
rational choice ⓘ
utilities ⓘ
usesConcept Bayes rule NERFINISHED ⓘ
act ⓘ
consequence ⓘ
decision rule ⓘ
dominance ⓘ
expected utility ⓘ
loss function ⓘ
maximin rule ⓘ
minimax regret rule ⓘ
objective probability ⓘ
preference ordering ⓘ
risk aversion ⓘ
state of the world ⓘ
subjective probability ⓘ
utility function ⓘ

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Rationality: What It Is, Why It Seems Scarce, Why It Matters → relatedField → decision theory ⓘ
Foundations of a General Theory of Sequential Decision Functions → topic → decision theory ⓘ
this entity surface form: Bayesian decision theory
Gerd Gigerenzer → fieldOfWork → decision theory ⓘ
this entity surface form: behavioral decision theory