Under which decision-making condition is the decision maker unaware of all the alternatives and the risks and consequences associated with each alternative?
A) Probability
B) Risk
C) Certainty
D) Rationality
E) Uncertainty

Question

Quizplus · Accepted Answer

This is the definition of uncertainty, where the decision maker has incomplete information and is not aware of all the alternatives or the risks and consequences associated with each alternative.

Under Which Decision-Making Condition Is the Decision Maker Unaware of All