He argued that this problem would be avoided in models that explicitly described the decision-making situation of the individual agent.

Game theorists refer to decision-making situations as games and to the decision makers as players.

Note that the equivalence between these three representations of the same decision-making situation makes no use of dummy variables.

Again, it should be stressed that the equivalence between these three representations of the same decision-making situation makes no use of dummy variables.

Financial modeling is the task of building an abstract representation (a model) of a financial decision-making situation.

The Trolley problem and the Prisoner's dilemma both place individuals in decision-making situations that carry ethical questions.

Coordinators possess similar powers like that of the editors, only that they are barred from voting in important decision-making situations.

The deadlock on an envoy, deeply embarrassing for Israel's leadership, is the latest manifestation of the decision-making situation hobbling the 32-month-old coalition government.

They should leave the latter processes to those people - knowledge workers - who are charged with having a detailed knowledge and understanding of specific decision-making situations.

Reed felt just the opposite- to his way of thinking, regulations made quicker decision-making possible, particularly in time-sensitive situations.