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Definition of decision theory noun from the Oxford Advanced Learner's Dictionary

decision theory

noun
 
/dɪˈsɪʒn θɪəri/
 
/dɪˈsɪʒn θiːəri/,
 
/dɪˈsɪʒn θɪri/
 [uncountable] (mathematics)
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  1. the study of making the best decision according to what you calculate you will lose or gain from each choiceTopics Preferences and decisionsc2
See decision theory in the Oxford Advanced American Dictionary
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