Decision Theory: The Art of Choosing the Most Obvious Option

What is Decision Theory?

Decision Theory is the study of choosing the option that is most likely to result in the least amount of regret. It is an art form that requires a delicate balance of risk management, probability analysis, and gut instinct.

Our research team has developed a proprietary algorithm that takes into account the following factors:

• Probability of success
• Probability of failure
• Probability of being able to order pizza during the decision-making process
• Probability of being able to take a nap after making the decision

Key Concepts:

• Expected Value
• Expected Value Theory
• Decision Tree
• Ulimatum Game

Our Research Papers:

• The Effects of Caffeine on Decision-Making Ability
• The Impact of Social Media on Decision-Making