Asked by Shuntavia Lewis on Jun 02, 2024

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What is another term for making choices under conditions of uncertainty

A)  risky decision making 
B)  expected value process 
C)  deliberation without attention 
D)  intuitive decision making

Risky Decision Making

The process of making choices under conditions of uncertainty, often involving potential negative outcomes.

Conditions of Uncertainty

Conditions of uncertainty are situations in which there is a lack of sureness about what might happen, often making decision-making difficult.

Expected Value Process

A decision-making strategy that involves calculating the average outcome when the probability of different outcomes is known.

  • Understand the process of decision-making when faced with uncertain conditions.
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FF
francisco federicoJun 03, 2024
Final Answer :
A
Explanation :
Making choices under conditions of uncertainty involves taking risks as the outcome is not known with certainty. Therefore, risky decision making is the most appropriate term for this process.