Decision Analysis

A systematic approach to decision making under conditions of uncertainty. It involves identifying all available alternatives and estimating the probabilities of potential outcomes associated with each alternative, valuing each outcome, and, on the basis of the probabilities and values, arriving at a quantitative estimate of the relative merit of the alternatives.

Related Concepts

    • Synonyms: Clinical Decision Analysis, Administrative Decision Analysis, CDA, CSD

    • Concepts: MeSH Tree