decision theory
noun/dɪˈsɪʒn θɪəri/
/dɪˈsɪʒn θiːəri/, /dɪˈsɪʒn θɪri/
[uncountable] (mathematics)- the study of making the best decision according to what you calculate you will lose or gain from each choiceTopics Preferences and decisionsc2
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decision theory