Skip to main content

Decision Theory

Decision Theory is the study of what makes a choice rational or justified. It often focuses on the role of knowledge in justifying action, and thus connects epistemology and ethics. Decision Theory has also been used to understand how people in fact make decisions, even when they fall short of full rationality, and thus it has important applications in economics, political theory, and psychology. It has also been important in the field of statistics in explaining the relevance of probability to both theory and application.

FACULTY DOING RESEARCH IN DECISION THEORY INCLUDE: