The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Decision Theory

  • H. M. Polemarchakis
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_180

Abstract

To decide is to choose from sets of alternatives. Decision theory is concerned with rationality in choice.

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • H. M. Polemarchakis
    • 1
  1. 1.