Concept information
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social psychology
judgment and decision making
decision making
the psychology underlying decision making
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mental processes
thinking (psychology)
decision making
the psychology underlying decision making
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cognitive psychology
thinking (psychology)
decision making
the psychology underlying decision making
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learning and perception
cognitive processes
decision making
the psychology underlying decision making
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process approach to leadership
situational leadership
decision making
the psychology underlying decision making
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business and management
management skills
decision making
the psychology underlying decision making
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crisis management
civil crisis management
decision making
the psychology underlying decision making
...
crisis management
civil crisis management
decision making
the psychology underlying decision making
Preferred term
hedonic prediction and relativism
Definition
- Standard decision theory assumes that when choosing between options that have the same costs, decision makers evaluate which option will deliver the highest expected outcome utility and choose that option. This is known as a consequentialist utility analysis method. [Source: Encyclopedia of Medical Decision Making; Hedonic Prediction and Relativism]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-G93CQZPC-4
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