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decision |
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A conclusion reached after an evaluation of facts and law. As a generic term, decision refers to both administrative and judicial determinations. It includes final judgments, rulings, and inter-locutory or provisional orders made by the court pending the outcome of the case. Frequently, a decision is considered the initial step in a rendition by a court of a judgment in an action. When referring to judicial matters, a decision is not the same as an opinion, although the terms are sometimes used interchangeably. A decision is the pronouncement of the solution of the court or judgment in a case, while an opinion is a statement of the reasons for its determination made by the court. decision n. judgment, decree, or determination of findings of fact and/or of law by a judge, arbitrator, court, governmental agency, or other official tribunal (court). (See: judgment, decree, findings of fact) decision (Election), noun choosing, judgment, pick, selection, will Associated concepts: appellate decision, decision upon the merits, lower court decision decision (Judgment), noun choice, decree, placitum, resolution, verdict See also: adjudication, alternative, animus, arbitration, authority, award, call, choice, cognovit, conclusion, consequence, conviction, decree, desire, determination, dilemma, discernment, discretion, disposition, documentation, election, finding, finding of guilt, holding, judgment, opinion, option, outcome, poll, pronouncement, referendum, relief, res judicata, result, ruling, selection, sentence, verdict, volition, vote, will DECISION, practice. A judgment given by a competent tribunal. The French lawyers call the opinions which they give on questions propounded to them, decisions. Vide Inst. 1, 2, 8 Dig. 1, 2, 2. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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This means they envisage the singling out of the best alternative when problem situation models and decision theory methods are used. The journal focuses on the application to legal issues of new insights developed in economic disciplines such as microeconomics and game theory, finance, econometrics, decision theory, political economy and public choice, behavioral economics, social psychology and evolutionary biology. Analytics incorporates advanced actuarial science, statistics, mathematics, econometrics, operations research, marketing data modeling and decision theory to produce simpler, but more powerful tools to discover relationships and predict outcomes. |
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