Applied Descions Method

Chapter 3 presents three types of decision-making environments. Give a practical, real-world example of decisions from each environment that you have been involved with (if you have no experience in these areas, try to imagine the decision-making environments and propose examples of each).

No more than 150-200 words

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There are three types of decision-making environments. The first type is under certainty environment. It exists when the decision maker knows well the alternatives, the conditions that are associated with the option and the possible outcomes. An example is Peter who is searching for a rental house.

(230 words)