Visual Studio .NET. Definition - What does Visual Studio .NET mean? Visual Studio .NET is a Microsoft-integrated development environment (IDE) that can be used for developing consoles, graphical user interfaces (GUIs), Windows Forms, Web services and Web applications.
Decision theory can be broken into two branches: normative decision theory, which gives advice on how to make the best decisions, given a set of uncertain beliefs and a set of values; and descriptive decision theory, which analyzes how existing, possibly irrational agents actually make decisions.
The use of adequate information to come to a conclusion and make choices. decision. a choice between a number of possible answers to a question. a systematic approach to decision making under conditions of imperfect knowledge; a practical application of probability theory. Used to calculate the optimal strategy from among a series of alternative strategies. May be expressed graphically in the form of a decision tree (below).