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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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Examples of decisions made with different decision making approaches.
A list of decision making techniques.
The observation that groups may make collective decisions that are viewed as wrong or irrational by each individual member of the group.
A complete guide to the decision making process.
Rational thought is often somewhat logical but includes factors such as emotion, imagination, culture, language and social conventions.
The common types of uncertainty in decision making and strategy.
A 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.
The definition of paradox of choice with examples.
A few logic terms explained.
A classical law of logic first established by Aristotle.
Logic that allows for partial truths.
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.
A list of logical fallacies.
The definition of mutually exclusive with examples.
The definition of false balance with examples.
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