Decision analysis
Origin: Lat. decisĭo, -ōnis, Gr. ἀνάλυσις
The analytic study of the validity of contemplated decisions and their intended and unintended consequences. It involves estimation of costs and benefits, consideration of risks and objectives, and articulation of a decision principle, such as minimizing downside potential. It comprises the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner.
Spanish: Análisis de decisión.
Sources and references
- Gordon, Theodore J. and Jerome C. Glenn .”Integration, comparisons and frontiers of FR Methods“,Futures Research Methodology V.3 The Millennium Projectcited 18 times
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