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Decision theory
Decision theory (or theory of choice) in economicspsychologysociologyphilosophymathematicscomputer science, and statistics is concerned with identifying the valuesuncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to the field of game theory; decision theory is concerned with the choices of individual agents whereas game theory is concerned with interactions of agents whose decisions affect each other.

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