Decision Making Under Uncertainty
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Decision Making Under Uncertainty

        

Decision Making Under Uncertainty

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In decision-making under pure uncertainty, the decision-maker has no knowledge regarding any of the states of nature outcomes, and/or it is costly to obtain the needed information. In such cases, the decision-making depends merely on the decision-maker's personality type.
Material Type: Collection
Technical Format: Javascript
Date Added to MERLOT: October 25, 2002
Date Modified in MERLOT: August 27, 2005
Author:

Quality

  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review
    Good quality material; may be reviewed
    avg: 4 rating
  • User Rating (not rated)
  • Comments (none)
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  • Personal Collections (1)
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About

Primary Audience: College General Ed, Graduate School, Professional
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: yes
Accessiblity Information Available: no
Creative Commons: unsure

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