decision

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Decision

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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

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)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

decision

an Act of the EUROPEAN UNION that (unless it comes from the EUROPEAN COAL AND STEEL COMMUNITY (ECSC), which ceased to exist in 2002) is binding in its entirety on the person or persons to whom it is addressed whether member state, person or undertaking. It can be imposed by the Council of the European Union or the Commission of the European Union. It tends to be administrative in character. It can have DIRECT EFFECT. The rights and obligations arising under the international agreements concluded by the ESCS were taken over by the EUROPEAN COMMUNITY, by instrument in 2002.
Collins Dictionary of Law © W.J. Stewart, 2006

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Decision theory is not a magic wand for a final answer.
outcomes are uncertain, decision theory approaches posit that
As mentioned above, behavioral decision theory arguments suggest that managerial decisions are guided to a large extent by associated downside risks.
Wolpert, "Bayesian decision theory in sensorimotor control", Trends in Cognitive Science, vol.
Both ambiguity avoidance and seeking violate the axioms of decision theory including Savage's sure thing axiom and the additivity of probabilities principle.
Standard decision theory tells us that we should multiply these conditional probabilities with the value associated with the corresponding outcomes, and that we ought to do one of the acts for which the expectation value is maximal.
Decision theory, Simulation, Forecasting and Investment analysis dealing with statistical tools could be included in Section-III.
When one considers that there are only four parameters in the Bayesian Decision Theory model (the mean and variance of the measurement of individual characteristics along with the mean and variance of the group characteristic), the above multiplicity of mechanisms ascribed to the concept of statistical discrimination can be seen as potentially relating to all of these components.
It is interesting to note that classical decision theory remained popular for 500 years and formed the basis of many economic theories.
The decision theory school, according to Kuntz, is concerned with the making of a decision between two or more alternatives.
Insight into decision theory and human information processing can assist midwives understand how they might utilise such knowledge to facilitate their role in the decision process.
Game theory and decision theory are enormously useful in explaining presidential elections and politics in general, according to Brams, a professor of politics at New York University.

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