decision theory

noun

: a branch of statistical theory concerned with quantifying the process of making choices between alternatives

Examples of decision theory in a Sentence

Recent Examples on the Web What aspects of game or decision theory can make any sort of comprehensive sense out of the fact that around 13,000 nuclear warheads now exist, enough to obliterate the planet several times over? TIME, 28 Oct. 2023 This question has nothing to do with probability or decision theory, and everything to do with biology. Keith Kloor, Discover Magazine, 26 Nov. 2014 So the Born Rule emerges from the MWI plus some seemingly-innocent axioms of decision theory. Sean Carroll, Discover Magazine, 16 Apr. 2012 But there’s also a big emphasis on math, borrowing from economics and decision theory to prioritize causes and measure potential improvements in quality of life. Nitasha Tiku, Washington Post, 17 Nov. 2022 His dissertation was on decision theory, the attempt to quantify the costs and risks of various strategies, which was then coming into vogue as an important part of military planning. Ben Bradlee, The New Yorker, 8 Apr. 2021

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'decision theory.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1939, in the meaning defined above

Time Traveler
The first known use of decision theory was in 1939

Dictionary Entries Near decision theory

Cite this Entry

“Decision theory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/decision%20theory. Accessed 26 Feb. 2024.

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