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decision theory

noun
🔊/dɪˈsɪʒn θɪəri/
🔊/dɪˈsɪʒn θiːəri/, 🔊/dɪˈsɪʒn θɪri/
 [uncountable] (mathematics数学)
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  1. the study of making the best decision according to what you calculate you will lose or gain from each choiceTopics Preferences and decisionsc2