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.
Given the payoff table for the organic salad dressings example, construct a decision tree. SOLUTION Figure 19.1 is the decision tree for the payoff table shown in Table 19.1. In Figure 19.1, the first set of branches relates to the two alternative courses of action: grad- ual introduction to the market and concentrated introduction to the market.