A Review of Case-Based Decision Theory

Abstract

Case-Based Decision Theory (CBDT) is a method that achieves the tasks of making decisions by imitating the thinking mode of human beings and achieving relatively satisfying decisions with extremely limited information. It is one of the most representative methods of behavioral decision theory. In order to sort out CBDT systematically, this thesis presents the CBDT model and its evolution systematically, and perfectly reveals the current application fields of CBDT. This thesis also proposes the application prospect of CBDT in the field of venture capital on the basis of summarizing the current evaluation methods of venture capital projects.