5+ Principles of Decision Theory
John Spacey, October 05, 2016
Decision theory is the study of formal decision making principles and rules. Decision making tends to be a wide open practice with few well excepted principles to constrain decisions. The following are principles and techniques that can potentially be used to improve decisions.
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Decision ExamplesExamples of decisions made with different decision making approaches.
Decision MakingA list of decision making techniques.
Abilene ParadoxThe observation that groups may make collective decisions that are viewed as wrong or irrational by each individual member of the group.
Decision Making ProcessA complete guide to the decision making process.
Rational ThoughtRational thought is often somewhat logical but includes factors such as emotion, imagination, culture, language and social conventions.
UncertaintyThe common types of uncertainty in decision making and strategy.
Information CostsA definition of information costs with examples.
A definition of reverse brainstorming with examples.
The definition of decision fatigue with examples.
Taking a position that you do not necessarily agree with for the purposes of argument.
Paradox Of Choice
The definition of paradox of choice with examples.
LogicA few logic terms explained.
Law Of Excluded MiddleA classical law of logic first established by Aristotle.
Logic that allows for partial truths.
Logic vs Intelligence
The difference between logic and intelligence.
The definition of causality with examples.
The definition of magical thinking with examples.
The definition of scientism with examples.
FallaciesA list of logical fallacies.
The definition of mutually exclusive with examples.
The definition of false balance with examples.
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