Home / Questions / Conditions of uncertainty exist when future environment is unpredictable and everything.
Conditions of uncertainty exist when future environment is unpredictable and everything in a state of flux. The decision-maker is not aware of all alternatives, the risks associated with each, or the consequences of each alternative, or their probabilities. Which approach to decision-making under conditions of uncertainty believes that individual attitudes toward risk vary with events, with people and positions?
[A]Risk analysis
[B]Risk communication
[C]Decision trees
[D]Utility theory
Jan 11 2018 View more View Less
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