In these two chapters we are beginning to examine the decision-making process. The reading begins with an explanation and examples of “certainty”, “uncertainty” and “risk”. Identify an aspect of your life in which you have recently had to decide something and analyze it in the term presented in this section. (Some examples might include seeking a new job, purchasing a home, etc.). Was this a structured or unstructured decision? Did the parties involved in the decision have different tolerances for risk?
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