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decision theory

What is Decision Theory? (PDF inside)

October 11, 2025October 10, 2025 by Sukanta Maiti
Decision theory

At its simplest, decision theory is the study of how people make choices. It’s a blend of philosophy, economics, psychology, and statistics.

Categories Industrial engineering Tags Decision making, decision theory, Financial Management, industrial engineering Leave a comment
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About Author

Sukanta Maiti

I am a Mechanical Engineer by profession, Blogger, and Youtuber by passion. I have been in the engineering field since 2014. I am passionate about sharing all my knowledge about engineering, management, and economics to my readers.

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