Theories {decision theory, game} {operational research} {game theory}| can analyze competition and cooperation among players, who must make decisions that result in rewards, punishments, or neutral outcomes. Predictions require creating possible alternatives, stimulating system, extrapolating trends, and building relevance hierarchies to see how to reach goals.
decision
Decision requires thought, but choice does not. Decision selects option. Decision is not true or false. Decision can cause intention.
theory
People can minimize maximum risk {minimax, strategy} {maximin}, using decision values {statistical decision theory} {Wald theory}.
Mathematical Sciences>Game Theory
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Date Modified: 2022.0224