Decision Analysis

Decision Analysis (DA) is the discipline comprising the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner. Decision analysis includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing the important aspects of a decision situation, for prescribing the recommended course of action by applying the maximum expected utility action axiom to a well-formed representation of the decision, and for translating the formal representation of a decision and its corresponding recommendation into insight for the decision maker and other stakeholders.
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Decision analysis Clinical decision analysis Decision making 1. An approach to decision making under conditions of uncertainty, involving modeling [more]Decision analysis - Community and Resources

modelling technique first developed in the 1960s to model decision makers multiple objectives and alternatives. It attempts to model the complete decision making environment including difficult to quantify elements such as value judgement.

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