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By 1960, as Part of the Patients' Rights Movement, Patients

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By 1960, as part of the patients' rights movement, patients' rights advocates argued that mental patients can recover more fully or live more satisfying lives if they are integrated into the community, with the support of community-based treatment facilities-a process known as


Definitions:

Net Present Value

A financial metric that calculates the present value of all future cash flows of a project or investment, considering the time value of money.

Maximax Strategy

A decision-making approach focused on maximizing the maximum possible payoff, suitable for optimistic decision-makers.

Maximin Criterion

A decision rule used in statistics, economics, and game theory that selects the action which has the highest minimum payoff.

States of Nature

Possible outcomes or situations in decision-making under uncertainty that affect the results of different decisions but are beyond the control of the decision-maker.

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