Decision Theory vs Decision-Making Theory: A Comparative Analysis

Decision Theory vs Decision-Making Theory: A Comparative Analysis The terms “Decision Theory” and “Decision-Making Theory” are closely related and often used interchangeably in casual contexts, but in academic and technical discussions, they refer to distinct frameworks with different emphases: Think of Decision Theory as the physics of how an ideal car should move, while Decision-Making … Continue reading Decision Theory vs Decision-Making Theory: A Comparative Analysis