{"id":5761,"date":"2022-06-20T18:10:12","date_gmt":"2022-06-20T16:10:12","guid":{"rendered":"https:\/\/www.consultingcheck.com\/topics\/decision-principles\/5761"},"modified":"2022-12-20T11:53:20","modified_gmt":"2022-12-20T10:53:20","slug":"decision-principles","status":"publish","type":"jask_topic","link":"https:\/\/www.consultingcheck.com\/en\/topics\/decision-principles\/5761\/","title":{"rendered":"Decision-making principles at a glance"},"content":{"rendered":"\n<p>Game theory offers a selection of decision principles. The practical relevance of decision principles for decisions in business practice is illustrated below using the Maximin<a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/maximin-principle-according-to-john-von-neumann\/5762\/\" title=\"Das Maximin-Prinzip nach John von Neumann\">Principle<\/a>, <a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/laplace-principle\/5763\/\" title=\"Das Laplace-Prinzip\">Laplace's Principle<\/a>, the <span class=\"error\">UID FEHLT!<\/span><a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/regret-principle\/5764\/\" title=\"Das Regret-Prinzip\">egret Principle<\/a> and the <a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/subjective-expected-utility-principle-seu\/5765\/\" title=\"Das Subjective-Expected-Utility-Prinzip (SEU)\">SEU Principle<\/a> are exemplified. In addition, the effect of <a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/self-commitment-according-to-thomas-c-schelling\/5766\/\" title=\"Das Prinzip der Selbstbindung nach Thomas C. Schelling\">self-commitment<\/a> is relevant for corporate practice. <\/p>\n","protected":false},"featured_media":0,"parent":5755,"menu_order":22200,"template":"","meta":{"_links_to":"","_links_to_target":""},"jask_topic_categories":[880],"class_list":["post-5761","jask_topic","type-jask_topic","status-publish","hentry","jask_topic_categories-entscheidungsprinzipien-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Decision-making principles at a glance- consultingcheck<\/title>\n<meta name=\"description\" content=\"Brief overview of the five most common variants of decision-making principles. 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