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The word 'determined' is the past participle of the verb to determine. The past participle of the verb is also an adjective, for example a determined effort.The abstract noun forms for the verb to determine are determiner, determinationand the gerund, determining.The abstract noun form for the adjective determined is determinedness.
give each criterion a weight
give each criterion a weight
Decision making theory is used to determine the values and other issues, including uncertainties, that relate to the decision being made. It is then determined if the decision is a rational and wise decision to be made.
Subjective probability is defined as a person's own judgment of what is or is not going to happen, which does not consist of any kind of mathematical or calculated basis. One situation in which subjective probability would be a factor would be in the stock market. If a person felt that a certain stock would plummet and just had a feeling about it, and sold that stock away, that decision would have been based on subjective probability.
NPV criterion, pay back criterion, best approach and IRR
The word 'determined' is the past participle of the verb to determine. The past participle of the verb is also an adjective, for example a determined effort.The abstract noun forms for the verb to determine are determiner, determinationand the gerund, determining.The abstract noun form for the adjective determined is determinedness.
Usefulness for decision making
conclusion. decisiveness. determination.
I see determination as a mental quality, more of a decision, whereas perseverance may include physical and/or spiritual components. Determination is deciding (mental) on a course of action or a desired outcome, while physical action, strength and/or endurance may be required to carry through and achieve that which has been determined. Spiritual strength and/or endurance may also be called into play to achieve that which has been determined by the mind and the mental, physical and spiritual together comprise perseverance.
Decision is another word for determination. Additional synonyms include conviction, tenacity and perseverance.
decision, settlement, judgment, determination, adjudication
subjective
subjective
subjective
Subjective
give each criterion a weight