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 FOUR DECISION-MAKING MODELS. 1. The Rational Decision model of decision-making. â¢ The assumption is made that participants have agreed in advance that making a decision is. the right process to follow and that the rules and language of decision making are. understood by all. â¢ The rational model aims at making optimal decisions on the basis of careful evaluation of. alternative courses of action.