decision theory

C6849
concept

Decision theory is the study of how agents should and do make rational choices under conditions of uncertainty, balancing preferences, probabilities, and outcomes.

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All labels observed (14)

Label Occurrences
decision-making theory 2
paradox in decision theory 2
argument from decision theory 1

Description generation (CDg)

The one-sentence description above was generated by prompting gpt-5.1 with the class name and this instruction.

Instruction
generate a one-sentence description for a given conceptual class.
# Response Format
Return only the sentence: "Description: [one-sentence description of the conceptional class]"
Input
Class: decision theory
Generated description
Decision theory is the study of how agents should and do make rational choices under conditions of uncertainty, balancing preferences, probabilities, and outcomes.

Instances (15)

Instance Via concept surface
expected utility theory (with John von Neumann)
surface form: expected utility theory
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prospect theory
surface form: Prospect theory
decision-making theory
Pascal's wager argument from decision theory
Statistical Decision Functions work in decision theory
1926 paper "Truth and Probability"
surface form: Truth and Probability
work on decision theory
Bayesian inference probabilistic reasoning approach
behavioral theory of the firm
surface form: Behavioral theory of the firm
decision-making theory
Allais paradox decision-making paradox
Ellsberg
surface form: Ellsberg paradox
concept in decision theory
Risk, Ambiguity and the Savage Axioms decision theory paper
Ellsberg paradox decision theory paradox
St. Petersburg paradox paradox in decision theory
Bayesian epistemology theory of rational belief
decision theory theory of choice
Bayes optimality decision-theoretic criterion