@prefix n9j: <http://data.loterre.fr/ark:/67375/N9J> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix isothes: <http://purl.org/iso25964/skos-thes#> .

n9j:-DW2B98X4-F
  owl:sameAs <https://concepts.sagepub.com/social-science/concept/Bayesian_approach_to_decision_making> ;
  skos:definition "Named after the 18th-century English cleric Thomas Bayes, the Bayesian approach refers to a distinctive framework for decision making. Accepting the dictum that “probability is the guide to life,” the Bayesian approach provides a model for rational choice in which the expected utility of an action is determined in relation to a person's notions of the probabilities and utilities associated with the potential outcomes of the action under consideration. [Source: Encyclopedia of Business Ethics and Society; Bayesian Approach]"@en ;
  a skos:Concept ;
  skos:inScheme n9j: ;
  skos:broader n9j:-KJ3X71MS-V ;
  skos:prefLabel "Bayesian approach to decision making"@en .

n9j:-concepts
  a isothes:ConceptGroup ;
  skos:prefLabel "concepts"@en ;
  skos:member n9j:-DW2B98X4-F .

n9j:-KJ3X71MS-V
  skos:prefLabel "economics and ethics"@en ;
  a skos:Concept ;
  skos:narrower n9j:-DW2B98X4-F .

n9j: a skos:ConceptScheme .