Quantitative Methods of Decision Theory and their Significance in Practice

Franz W. Peren ()
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Franz W. Peren: Bonn-Rhein-Sieg University of Applied Sciences

A chapter in Operations Research and Management, 2026, pp 299-315 from Springer

Abstract: Abstract First of all, a clear definition of the term “decision” is required. Decisions describe a choice between two or more alternative courses of action on which a decision is based in order to achieve the defined objectives. Interdisci-plinary research systematically examines the decision-making behavior of individuals and groups [1].

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-032-08078-3_16

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DOI: 10.1007/978-3-032-08078-3_16

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