decision theory wikipedia - EAS
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Optimal decision - Wikipedia
https://en.wikipedia.org/wiki/Optimal_decisionAn optimal decision is a decision that leads to at least as good a known or expected outcome as all other available decision options. It is an important concept in decision theory.In order to compare the different decision outcomes, one commonly assigns a utility value to each of them.. If there is uncertainty as to what the outcome will be but knowledge about the distribution of …