Decision Analysis

Definitions

Health Economics

• This typically refers to a formal, essentially utilitarian, method for quantifying decision problems under conditions of uncertainty, in which the probability of each event in a chain of events, along with the consequences of such events, is explicitly stated. Some approaches, like bounded rationality, do not, however, use quantified probabilities.
• synonymDecision Theory
  (written as decision analysis)

Accounting

• noun the mathematical methods for weighing the various factors in making decisions

Nearby Definitions of “Decision Analysis”

• debt
• decant
• decay
• decimal point
• decimate
• Decision Analysis
• decision support system
• decision tree
• deck
• declare
• decline

Contexts for “Decision Analysis”

3 definitions in context
• Health Economics
• Accounting