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Definition of Decision science

Decision science Definition from Science & Technology Dictionaries & Glossaries
Web Dictionary of Cybernetics and Systems
(a) The study of how decision makers (individuals or groups) chose among a set of alternative courses of actions, and (b) the design of efficient procedures that either aid a decision maker's effort or that evaluate his courses of action according to chosen criteria or policies so that a decision logically follows from the computations. The decision theories respectively arising or underlying these efforts take into consideration the uncertainty of the situation, the information available about consequences, the risks involved, the costs and benefits of each action and the time, resources and preferences a decision maker has at his disposal for making a decision (see optimizing , satisficing ). (Krippendorff )
Decision science Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
Operations research, or operational research in British usage, is a discipline that deals with the application of advanced analytical methods to help make better decisions. It is often considered to be a sub-field of mathematics. The terms management science and decision science are sometimes used as synonyms.

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