1000Minds 1000Minds is online decision-making software for ranking, prioritizing or choosing between alternatives in situations where a variety of objectives or criteria need to be considered simultaneous...
Action axiom An action axiom is an axiom that embodies a criterion for recommending action.
Admissible decision rule In statistical decision theory, an admissible decision rule is a rule for making a decision such that there is not any other rule that is always "better" than it.
Aggregated Indices Randomization Method Aggregated Indices Randomization Method is a modification of well-known aggregated indices method being aimed at complex objects multi-criteria estimation under uncertainty.
Aggregated indices randomization method In applied mathematics and decision making, the agggregated indices randomization method (AIRM) is a modification of a well-known aggregated indices method targeting complex objects subjec...
Ambiguity aversion In decision theory and economics, ambiguity aversion (also known as uncertainty aversion) describes an attitude of preference for known risks over unknown risks.
Analysis paralysis Analysis paralysis or paralysis of analysis is the state of over-analyzing (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.
Applied information economics Applied information economics (AIE) is a decision analysis method developed by Douglas W. Hubbard and partially described in his book How to Measure Anything: Finding the Value of Intangibles ...
Brown Gibson Model The Brown Gibson Model is one of the many techniques for multi-attribute decision making.
Brown-Gibson model The Brown–Gibson model is one of the many techniques for multi-attribute decision making.
Bulk Dispatch Lapse Bulk dispatch lapse (BDL) or Bulk dispatch value lapse, depicts the depreciation of a distributed object to multiple consumers.
Business rule management system A BRMS or Business Rule Management System is a software system used to define, deploy, execute, monitor and maintain the variety and complexity of decision logic that is used by operationa...
Business rules engine A business rules engine is a software system that executes one or more business rules in a runtime production environment.
Buyer decision processes Buyer decision processes are the decision making processes undertaken by consumers in regard to a potential market transaction before, during, and after the purchase of a product or service.
Causal decision theory Causal decision theory is a school of thought within decision theory which maintains that the expected utility of actions should be evaluated with respect to their potential causal consequences.
Cause-effect graph In software testing, a cause–effect graph is a directed graph that maps a set of causes to a set of effects.
Choice Choice consists of a mental decision, of judging the merits of multiple options and selecting one or more of them.
Choice architecture Choice architecture describes the way in which decisions may (and can) be influenced by how the choices are presented (in order to influence the outcome), and is a term used by Cass Sunstein and...
Choice-supportive bias In cognitive science, choice-supportive bias is the tendency to retroactively ascribe positive attributes to an option one has selected.
Choquet integral In decision theory, a Choquet integral is a way of measuring the expected utility of an uncertain event.
Clarity test In decision analysis, the clarity test (or clairvoyant test) is a test of how well a model element is defined.
Clinical decision support system Clinical decision support system (CDSS) is an interactive decision support system (DSS) Computer Software, which is designed to assist physicians and other health professionals with decisi...
Cognitive bias A cognitive bias is a pattern of deviation in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.
Cognitive inertia Cognitive inertia refers the tendency for beliefs or sets of beliefs to endure once formed.
Collaborative method Collaborative methods are processes, behaviors and conversations that relate to collaboration between individuals.
Connectionist expert system Connectionist expert systems are artificial neural network (ANN) based expert systems where the ANN generates inferencing rules e.g., fuzzy-multi layer perceptron where linguistic and natural fo...
Consensus decision-making Consensus decision-making is a group decision making process that seeks the consent of all participants.
Consensus-seeking decision-making Consensus-seeking decision-making is a term sometimes used to describe a formal decision process similar to the consensus decision-making variant known as "Formal Consensus" but with the additio...
Consensus–expectations gap A consensus–expectations gap is a gap between what a group of decision-makers are expected to agree on, and what they are actually able to concur.
Cost-benefit analysis Cost–benefit analysis (CBA), sometimes called benefit–cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government pol...
Cross-cultural differences in decision making It is vital to be aware of the underlying cross-cultural differences in decision-making as it can be a great contributing factor to efficiency in cross-cultural communications, negotiations, an...
Crossover voting In open primary elections in the United States, crossover voting refers to a behavior in which voters who normally participate in the primary of one party instead vote in the primary of another ...
Cumulative prospect theory Cumulative prospect theory (CPT) is a model for descriptive decisions under risk which was introduced by Amos Tversky and Daniel Kahneman in 1992 (Tversky, Kahneman, 1992).
D-Sight D-Sight is online decision-making software that is based on multi-criteria decision making.
Decision aids Decision aids is the name commonly used to describe interventions that are designed for patients, or people facing health care decisions.
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 cycle The decision analysis (DA) cycle is the top-level procedure for carrying out a decision analysis.
Decision engineering Decision engineering is a framework that unifies a number of best practices for organizational decision making.
Decision fatigue In decision making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual, after a long session of decision making.
Decision field theory Decision Field Theory (DFT), is a dynamic-cognitive approach to human decision making.
Decision making Decision making can be regarded as the cognitive process resulting in the selection of a course of action among several alternative scenarios.
Decision making software Decision making software (DMS) is a term integrating decision analysis tools to facilitate a person's decision making process, which results in a choice of a course of action or a variant among ...
Decision matrix A decision matrix is a list of values in rows and columns that allows an analyst to systematically identify, analyze, and rate the performance of relationships between sets of values and information.
Decision model A decision method is a formal (axiomatic) system that contains at least one action axiom.
Decision rule In decision theory, a decision rule is a function which maps an observation to an appropriate action.
Decision support system A Decision Support System (DSS) is a computer-based information system that supports business or organizational decision-making activities.
Decision table Decision tables are a precise yet compact way to model complicated logic.
Decision theory Decision theory in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its ratio...
Decision tree A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility.
Decision-making software Decision-making software (DMS) is a type of decision support system to help individuals and organizations with their decision-making processes, typically resulting in ranking, sorting or choosin...
Decision-matrix method Invented by Stuart Pugh the decision-matrix method, also Pugh method, Pugh Concept Selection is a quantitative technique used to rank the multi-dimensional options of an option set.
Decisional balance sheet A decisional balance sheet or decision balance sheet is a tabular method for representing the pros and cons of different choices and for helping someone decide what to do in a certain circ...
Decoy effect In marketing, the decoy effect (or asymmetric dominance effect) is the phenomenon whereby consumers will tend to have a specific change in preference between two options when also presente...
Default effect (psychology) Amongst the menu of options that agents choose from, the default option is the option that will obtain if the chooser does nothing.
Deployment cost-benefit selection in physiology Deployment cost–benefit selection in physiology concerns the costs and benefits of physiological process that can be deployed and selected in regard to whether they will increase or not an anim...
Distinction bias Distinction bias, a concept of decision theory, is the tendency to view two options as more distinctive when evaluating them simultaneously than when evaluating them separately.
Dominance-based rough set approach Dominance-based rough set approach is an extension of rough set theory for multi-criteria decision analysis, introduced by Greco, Matarazzo and Słowiński.
Dominating decision rule In decision theory, a decision rule is said to dominate another if the performance of the former is sometimes better, and never worse, than that of the latter.
Dynamic decision making Dynamic Decision Making (DDM) is interdependent decision making that takes place in an environment that changes over time either due to the previous actions of the decision maker or due to event...
Dynamic decision-making Dynamic decision-making (DDM) is interdependent decision-making that takes place in an environment that changes over time either due to the previous actions of the decision maker or due to event...
Economic appraisal Economic appraisal is a type of decision method applied to a project, programme or policy that takes into account a wide range of costs and benefits, denominated in monetary terms or for which a...
Election An election is a formal decision-making process by which a population chooses an individual to hold elected status public office.
ELECTRE ELECTRE is a family of multi-criteria decision analysis methods that originated in Europe in the mid-1960s.
Ellsberg paradox The Ellsberg paradox is a paradox in decision theory in which people's choices violate the postulates of subjective expected utility.
Emotional bias An emotional bias is a distortion in cognition and decision making due to emotional factors.
Evidence-based design Evidence-based design, or EBD, is a field of study that emphasizes the use of credible evidence to influence the design process.
Evidential decision theory Evidential decision theory is a school of thought within decision theory according to which the best action is the one which, conditional on your having chosen it, gives you the best expectation...
Evidential reasoning approach In decision theory, the evidential reasoning approach (ER), is a generic evidence-based multi-criteria decision analysis (MCDA) approach for dealing with problems having both quantitative ...
Executive information system An executive information system (EIS) is a type of management information system that facilitates and supports senior executive information and decision-making needs.
Expected utility hypothesis In economics, game theory, and decision theory the expected utility hypothesis refers to a hypothesis concerning people's preferences with regard to choices that have uncertain outcomes (gambles).
Expected value of including uncertainty In decision theory and quantitative policy analysis, the expected value of including information is the expected difference in the value of a decision based on a probabilistic analysis versus a ...
Expected value of perfect information In decision theory, the expected value of perfect information (EVPI) is the price that one would be willing to pay in order to gain access to perfect information.
Expected value of sample information In decision theory, the expected value of sample information is the expected increase in utility that you could obtain from gaining access to a sample of additional observations before making a ...
Expert system In artificial intelligence, an expert system is a computer system that emulates the decision-making ability of a human expert.
Expert systems for mortgages Loan departments are interested in expert systems for mortgages because of the growing cost of labor which makes the handling and acceptance of relatively small loans less profitable.
Faustmann's formula Faustmann's formula, or the Faustmann Model, gives the present value of the income stream for forest rotation.
Feasible region In optimization (a branch of mathematics), a candidate solution is a member of a set of possible solutions to a given problem.
Flipism Flipism, sometimes written as "Flippism," is a pseudophilosophy under which all decisions are made by flipping a coin.
Fredkin's paradox Fredkin's Paradox concerns the inverse correlation of the difference between two options and the difficulty of deciding between them.
Fuzzy-trace theory The fuzzy-trace theory (FTT) is a theory of cognition originally proposed by Charles J. Brainerd and Valerie F. Reyna that draws upon dual-trace conceptions to predict and explain cognitive phen...
Gittins index The Gittins index is a measure of the reward that can be achieved by a process evolving from its present state onwards with the probability that it will be terminated in the future.
Group decision making Group decision making (also known as collaborative decision making) is a situation faced when individuals collectively make a choice from the alternatives before them.
Group decision-making Group decision-making (also known as collaborative decision-making) is a situation faced when individuals collectively make a choice from the alternatives before them.
Health management system The health management system (HMS) is an evolutionary medicine regulative process proposed by Nicholas Humphrey in which actuarial assessment of fitness and economic-type cost-benefit analysis ...
Hierarchical Decision Process The Hierarchical Decision Process (HDP) refines the classical AHP Analytic Hierarchy Process a step further in eliciting and evaluating subjective judgements.
Hierarchical decision process The hierarchical decision process (HDP) refines the classical analytic hierarchy process (AHP) a step further in eliciting and evaluating subjective judgements.
High-dimensional statistics In statistical theory, the field of high-dimensional statistics studies data whose dimension is larger than dimensions considered in classical multivariate analysis.
Homothetic preferences In economics, a consumer is said to have homothetic preferences when its preferences can be represented by a homothetic utility function.
House of Quality House of Quality is a diagram, resembling a house, used for defining the relationship between customer desires and the firm/product capabilities.
Hyperbolic absolute risk aversion In finance, economics, and decision theory, hyperbolic absolute risk aversion (HARA) refers to a type of risk aversion that is particularly convenient to model mathematically and to obtain...
IBM Rational Focal Point IBM Rational Focal Point is a decision analysis tool used by the product organizations of corporations and government agencies to collect information and feedback from internal and external sta...
Influence diagram An influence diagram (ID) (also called a relevance diagram, decision diagram or a decision network) is a compact graphical and mathematical representation of a decision situation.
Info-gap decision theory Info-gap decision theory is a non-probabilistic decision theory that seeks to optimize robustness to failure – or opportuneness for windfall – under severe uncertainty, in particular applying se...
Intertemporal choice Intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time.
James-Stein estimator The James–Stein estimator is a nonlinear estimator which can be shown to dominate, or outperform, the "ordinary" (least squares) technique.
James–Stein estimator The James–Stein estimator is a nonlinear estimator which can be shown to dominate, or outperform, the "ordinary" (least squares) technique.
Kelly criterion In probability theory and intertemporal portfolio choice, the Kelly criterion, Kelly strategy, Kelly formula, or Kelly bet, is a formula used to determine the optimal size of a...
Kepner-Tregoe Inc. Kepner-Tregoe, Inc. is a multinational management consulting and training services company.
Legal expert system A legal expert system is a domain-specific expert system that uses artificial intelligence to emulate the decision-making abilities of a human expert in the field of law.
Linear partial information Linear partial information (LPI) is a method of making decisions based on insufficient or fuzzy information.
Litmus test (politics) A litmus test is a question asked of a potential candidate for high office, the answer to which would determine whether the nominating official would proceed with the appointment or nomination.
Lock-in (decision-making) Lock-in means that a particular technology or product is dominant, not because its inherent cost is low or performance is good, but because it enjoys the benefits of increasing returns to scale.
Loss aversion In economics and decision theory, loss aversion refers to people's tendency to strongly prefer avoiding losses to acquiring gains.
Loss function In mathematical optimization, statistics, decision theory and machine learning, a loss function or cost function is a function that maps an event or values of one or more variables onto a ...
Management information system A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively.
Management information systems A management information system (MIS) is a system that provides information needed to manage organizations effectively.
Mean-preserving spread In probability and statistics, a mean-preserving spread is a change from one probability distribution A to another probability distribution B, where B is formed by spreading out one or more port...
Mental accounting A concept first named by Richard Thaler (1980), mental accounting attempts to describe the process whereby people code, categorize and evaluate economic outcomes.
Menu dependence Roughly speaking, in decision theory, game theory, and rational choice, menu dependence arises when the evaluation of alternatives for choice or the mode of selection guiding choice varies param...
Minimax Minimax (sometimes MinMax or MM) is a decision rule used in decision theory, game theory, statistics and philosophy for minimizing the possible loss for a worst case (maximum...
Model-based reasoning In artificial intelligence, model-based reasoning refers to an inference method used in expert systems based on a model of the physical world.
Movement pattern analysis Movement Pattern Analysis (MPA) is a comprehensive system for assessing an individual's core motivations in decision-making processes, based on the disciplined analysis of nonverbal behaviour.
Multi-criteria decision analysis Multiple-criteria decision-making or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly considers multiple criteria in decision-mak...
Multicriteria classification In multiple criteria decision aiding, multicriteria classification involves problems where a finite set of alternative actions should be assigned into a predefined set of preferentially ordered ...
Multiple-criteria decision analysis Multiple-criteria decision-making or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly considers multiple criteria in decision-mak...
Multiscale decision making Multiscale decision making, also referred to as Multiscale decision theory (MSDT), is a recently developed approach in operations research that fuses game theory, multi-agent influence diagrams,...
Multiscale decision-making Multiscale decision-making, also referred to as multiscale decision theory (MSDT), is an approach in operations research that combines game theory, multi-agent influence diagrams, in...
Nash equilibrium In game theory, the Nash equilibrium is a solution concept of a non-cooperative game involving two or more players, in which each player is assumed to know the equilibrium strategies of the othe...
Naturalistic decision making The naturalistic decision making (NDM) framework emerged as a means of studying how people actually make decisions and perform cognitively complex functions in demanding situations.
Naturalistic decision-making The naturalistic decision making (NDM) framework emerged as a means of studying how people actually make decisions and perform cognitively complex functions in demanding situations.
Negotiation theory The foundations of negotiation theory are decision analysis, behavioral decision making, game theory, and negotiation analysis.
New Approach to Appraisal The New Approach to Appraisal (also NATA) was the name given to a multi-criteria decision framework used to appraise transport projects and proposals in the United Kingdom.
Nominal group technique The nominal group technique (NGT) is a group problem solving process involving problem identification, solution generation, and decision making.
Nonstructural Fuzzy Decision Support System Multi-Criteria Decision Analysis (MCDA) or Multi-Criteria Decision Making (MCDM) is a discipline aimed at supporting decision makers faced with making numerous and sometimes conflicting ev...
Normative model of decision making Victor Vroom, a professor at Yale University and a scholar on leadership and decision making, developed the normative model of decision making.
Okan Duru Okan Duru is a researcher and particularly known by his contributions to the Economics of Shipping Business and Fuzzy Time Series.
Omission bias The omission bias is an alleged type of cognitive bias.
Ophelimity Ophelimity is an economic concept introduced by Vilfredo Pareto as a measure of purely economic satisfaction, so he could use the already well-established term utility as a measure of a more bro...
Optimal decision An optimal decision is a decision such that no other available decision options will lead to a better outcome.
Optimal stopping In mathematics, the theory of optimal stopping is concerned with the problem of choosing a time to take a particular action, in order to maximise an expected reward or minimise an expected cost.
Option Grid Option Grid is the name for a proprietary tool for patients and providers to use together when they are discussing and deciding what best to do about possible options, either treatments or tests.
Option grid Option Grid is the name for a proprietary tool for patients and providers to use together when they are discussing and deciding what best to do about possible options, either treatments or tests.
Organizational ethics Organizational ethics is the ethics of an organization, and it is how an organization ethically responds to an internal or external stimulus.
Outcome Primacy Outcome of the first experience has a substantial and lasting effect on participants' subsequent behaviour in a decision from experience task, a phenomenon which was termed termed as "outcome prima...
Parm AG Parm AG is a Swiss software company headquartered in St. Gallen.
Path dependence Path dependence explains how the set of decisions one faces for any given circumstance is limited by the decisions one has made in the past, even though past circumstances may no longer be relevant.
Pignistic probability Pignistic probability, in decision theory, is a probability that a rational person will assign to an option when required to make a decision.
Policy A policy is a principle or protocol to guide decisions and achieve rational outcomes.
Polychotomous key Polychotomous key refers to the number of alternatives which a decision point may have in a non-temporal hierarchy of independent variables.
Predispositioning Theory Predispositioning Theory in the field of decision theory and systems theory is a theory, that focused on the intermediate stage between a complete order and a complete disorder.
Predispositioning theory Predispositioning theory in the field of decision theory and systems theory is a theory, that focused on the intermediate stage between a complete order and a complete disorder.
Price of stability In game theory, the price of stability (PoS) of a game is the ratio between the best objective function value of one of its equilibria and that of an optimal outcome.
Proaftn Proaftn is a classification method that belongs to the class of supervised learning algorithms.
Probabilistic Prognosis Probabilistic prognosis means the anticipation of future events based on a probabilistic structure of past experiences of individual and present situations.
Probabilistic prognosis Probabilistic prognosis means the anticipation of future events based on a probabilistic structure of past experiences of individual and present situations.
Probability Probability (or likelihood) is a measure or estimation of how likely it is that something will happen or that a statement is true.
Probability matching Probability matching is a suboptimal decision strategy in which predictions of class membership are proportional to the class base rates.
Process-based management Process-based management is a management approach that governs the mindset and actions in an organization.
Prospect theory Prospect theory is a behavioral economic theory that describes the way people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
Psychological pricing Psychological pricing (also price ending, charm pricing) is a pricing/marketing strategy based on the theory that certain prices have a psychological impact.
Quality function deployment Quality function deployment (QFD) is a “method to transform user demands into design quality, to deploy the functions forming quality, and to deploy methods for achieving the design quality into...
Quantum cognition Quantum cognition is an emerging field which applies the mathematical formalism of quantum theory to model cognitive phenomena such as information processing by the human brain, decision making,...
Rademacher complexity In statistics and machine learning, Rademacher complexity, named after Hans Rademacher, measures richness of a class of real-valued functions with respect to a probability distribution.
Rational planning model The rational planning model is the process of realizing a problem, establishing and evaluating planning criteria, creating alternatives, implementing alternatives, and monitoring progress of the...
Recognition primed decision Recognition-primed decision (RPD) is a model of how people make quick, effective decisions when faced with complex situations.
Regret (decision theory) Regret (also called opportunity loss) is defined as the difference between the actual payoff and the payoff that would have been obtained if a different course of action had been chosen.
Rete algorithm The Rete algorithm (or rarely or) is an efficient pattern matching algorithm for implementing production rule systems.
Risk compensation Risk compensation is a theory which suggests that people typically adjust their behavior in response to the perceived level of risk, becoming more careful where they sense greater risk and less...
Risk homeostasis Risk homeostasis is a hypothesis about risk, developed by Gerald J.S. Wilde, a professor emeritus of psychology at Queen's University, Kingston, Ontario, Canada.
Risk-benefit analysis Risk–benefit analysis is the comparison of the risk of a situation to its related benefits.
Rulemaking In administrative law, rule-making refers to the process that executive and independent agencies use to create, or promulgate, regulations.
Scenario optimization The scenario approach or scenario optimization approach is a technique for obtaining solutions to robust optimization and chance-constrained optimization problems based on randomization of...
Scoring rule In decision theory, a score function, or scoring rule, measures the accuracy of probabilistic predictions.
Secretary problem The secretary problem is one of many names for a famous problem of the optimal stopping theory.
Self service software Self service software is a subset within the knowledge management software category and which contains a range of software that specializes in the way information, process rules and logic are co...
Self service software vendors Self service software vendors is a subset within the Self service software category which highlights a range of software vendors that specialize in the knowledgement management, decision support...
Self-service software vendors Self-service software vendors is a subset within the self-service software category which highlights a range of software vendors that specialize in the knowledgement management, decision support...
Seven Management and Planning Tools The Seven Management and Planning Tools have their roots in Operations Research work done after World War II and the Japanese Total Quality Control (TQC) research.
Shared decision making Shared Decision Making (SDM) is an approach where clinicians and patients communicate together using the best available evidence when faced with the task of making decisions, where patient...
Shared Decision Making Shared Decision Making (SDM) is an approach where clinicians and patients communicate together using the best available evidence when faced with the task of making decisions, where patient...
Shared decision-making Shared Decision Making (SDM) is an approach where clinicians and patients communicate together using the best available evidence when faced with the task of making decisions, where patient...
Simple Prioritization Simple prioritization Decision Matrix A decision-support tool allowing decision makers to solve their problem by evaluating, rating, and comparing different alternatives on multiple criteria.
Simple prioritization Simple prioritization Decision matrix A decision-support tool allowing decision makers to solve their problem by evaluating, rating, and comparing different alternatives on multiple criteria.
Social and Decision Sciences Social and Decision Sciences, informally known as SDS, is an interdisciplinary academic department within the Dietrich College of Humanities and Social Sciences at Carnegie Mellon University.
Statistical murder When a business or regulator uses limited funds to take an action that saves a limited number of lives, instead of an alternative action that would save more lives, this decision is sometimes called '...
Stein's example Stein's example (or phenomenon or paradox), in decision theory and estimation theory, is the phenomenon that when three or more parameters are estimated simultaneously, there exist c...
Strategic Assumptions Strategic Assumptions are the assumptions that are held by decision-makers when building a strategic plan.
Strategic assumptions Strategic assumptions are the assumptions that are held by decision-makers when building a strategic plan.
Subjective expected utility Subjective expected utility is a method in decision theory in the presence of risk, promoted by L. J. Savage in 1954 following previous work by Ramsey and von Neumann.
Superiority and inferiority ranking method The superiority and inferiority ranking method (or SIR method) is a multi-criteria decision making model which can handle real data and provides six different preference structures for the...
Sure-thing principle In decision theory, the sure-thing principle denotes that outcomes which occur regardless of which actions are chosen, sure things, should not affect one’s preferences.
Taguchi loss function The Taguchi Loss Function is graphical depiction of loss developed by the Japanese business statistician Genichi Taguchi to describe a phenomenon affecting the value of products produced by a c...
Taleb distribution In economics and finance, a Taleb distribution is a term coined by U.K. economists/journalists Martin Wolf and John Kay to describe a returns profile that appears at times deceptively low-risk w...
There are known knowns "There are known knowns" is a phrase from a response United States Secretary of Defense Donald Rumsfeld gave to a question at a US Department of Defense News Briefing in February 2002.
TOPSIS The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) is a multi-criteria decision analysis method, which was originally developed by Hwang and Yoon in 1981 with f...
Total benefits of ownership Total benefits of ownership (TBO) is a caluclation that tries to summarize the positive effects of acquisition of new computer components.
Trade study A trade study or trade-off study is the activity of a multidisciplinary team to identify the most balanced technical solutions among a set of proposed viable solutions.
Trade-off Talking Rational Economic Person Trade-off Talking Rational Economic Person is one term, among various, used to denote, in the field of Choice analysis, the rational, human agent of economic decisions.
Trade-off talking rational economic person Trade-off talking rational economic person (acronym: T.O.T.R.E.P.) is one term, among various, used to denote, in the field of choice analysis, the rational, human agent of economic decisions.
Trained incapacity In sociology, trained incapacity "refers to that state of affairs in which one's abilities function as inadequacies or blind spots."
Two-moment decision models In decision theory, economics, and finance, a two-moment decision model is a model that describes or prescribes the process of making decisions in a context in which the decision-maker is faced ...
Ulysses pact A Ulysses pact or Ulysses contract is a freely made decision that is designed and intended to bind oneself in the future.
Unanimity Unanimity is agreement by all people in a given situation.
Utility Utility is usefulness, the ability of something to satisfy needs or wants.
Value of information Value of information is the amount a decision maker would be willing to pay for information prior to making a decision.
VIKOR method VIKOR method The VIKOR method is a multicriteria decision making or Multi-criteria decision analysis method.
Wald's maximin model In decision theory and game theory, Wald's maximin model is a non-probabilistic decision-making model according to which decisions are ranked on the basis of their worst-case outcomes.
Weighted product model The weighted product model (WPM) is a popular multi-criteria decision analysis (MCDA) / multi-criteria decision making (MCDM) method.
Weighted sum model In decision theory, the weighted sum model (WSM) is the best known and simplest multi-criteria decision analysis (MCDA) / multi-criteria decision making method for evaluating a number of a...
Will Interactive WILL Interactive, founded in 1994 by Sharon Sloane, Lyn McCall and Jeffrey Hall, is a woman-owned business based in Potomac, MD. In 1998, WILL Interactive invented and patented a behavior chan...