Decision theory: Difference between revisions
WikiSysopIG (talk | contribs) Created page with "'''Decision theory''' is a field of study concerned with the principles and methods used to make decisions under conditions of certainty, risk, and uncertainty. It combines concepts from mathematics, statistics, economics, philosophy, and psychology to analyse how individuals and organisations choose among alternative courses of action. Decision theory examines the relationship between available information, possible outcomes, preferences, probabilit..." |
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==Further reading== | ==Further reading== | ||
* Ramsey, Frank P. (1926). "Truth and Probability". | * Ramsey, Frank P. (1926). [https://fitelson.org/probability/ramsey.pdf "Truth and Probability"]. | ||
* von Neumann, John; Morgenstern, Oskar (1944). ''Theory of Games and Economic | * von Neumann, John; Morgenstern, Oskar (1944). ''[https://press.princeton.edu/books/paperback/9780691130613/theory-of-games-and-economic-behavior Theory of Games and Economic Behavio]r''. Princeton University Press. | ||
* Savage, Leonard J. (1954). ''The Foundations of Statistics''. Wiley. | * Savage, Leonard J. (1954). ''[https://gwern.net/doc/statistics/decision/1972-savage-foundationsofstatistics.pdf The Foundations of Statistics]''. Wiley. | ||
* Kahneman, Daniel; Tversky, Amos (1979). "Prospect Theory: An Analysis of Decision under Risk". ''Econometrica'', 47(2), 263–291. | * Kahneman, Daniel; Tversky, Amos (1979). [https://www.jstor.org/stable/1914185 "Prospect Theory: An Analysis of Decision under Risk"]. ''Econometrica'', 47(2), 263–291. | ||
[[Category:Decision theory]] | [[Category:Decision theory]] | ||