In many social sciences, such as psychology and economics, there is an ongoing debate between whether a model should be based on Normative or Process analyses. A normative model is one which asks what ...

Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...

A group of researchers have advocated three theories that focus for data-driven decision-making in healthcare. According to a study published on QScience.com, ‘Data-driven Decision-making: A Review of ...