Under uncertainty and decision-making under risk

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In an essay of no less than three pages, explain (1) the criteria for decision-making under uncertainty and (2) decision-making under risk. What is the difference between these two "other-than-certainty" classifications? Include examples of each in the essay.

Be sure to provide research to support your ideas. Use APA style, and cite and reference your sources to avoid plagiarism.

Reference no: EM132351502

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