Examlex
Briefly explain the action of a neurotransmitter.Include information regarding the source, target, and mode of operation of a neurotransmitter.
Opportunity Loss
The loss of potential gain from other alternatives when one alternative is chosen.
Decision Maker's Profit
Reflects the gains realized by a decision maker after considering all costs and revenues associated with their decision.
Expected Monetary Value(EMV)
A financial concept used in decision-making to calculate the average outcome of future events, taking into account the probabilities and impacts of various possible outcomes.
State of Nature
A term referring to the possible outcomes or conditions in decision making that are not under the control of the decision-maker.
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