![]() |
![]() |
Definition: Bayesian Theory is a theory which is used by scientists to explain and predict decision-making. |
More on individual decision making: Anchoring Bias, Black Swan Theory, Bounded Rationality, Cognitive Bias, Cognitive Dissonance, more... |
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2023 MBA Brief - Last updated: 23-3-2023 - Privacy | Terms