Classical decision theory models view the manager as acting in a world of complete certainty.
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Q22: Behavioral scientists are cautious about applying classical
Q22: Certainty is the norm in decision situations.
Q23: When dealing with risk environments, probabilities are
Q25: Certainty is a less than ideal condition
Q29: In the classical decision model, the problem
Q29: Bounded rationality refers to the idea that,while
Q31: Responses to uncertain environments seldom involve intuition,
Q31: Risk environments exist when decision makers lack
Q36: Behavioral decision theory models view the manager
Q37: Classical decision theory appears to fit very
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