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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Shantanu shukla
dear rohit,A normative theory (in decision-making) is a theory that is voided of judgments or biases. These theories are rooted in first principles thinking, or logic. ... An example of this type of theory is utility theory, which uses principles to justify the notion that it is a rational choice to maximize one's value.