When the value of a decision variable has been optimized by running several simulations,attitude toward risk should no longer be relevant.

Name: When the value of a decision variable has been optimized by running several simulations,attitude toward risk should no longer be relevant.
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Quizplus · Accepted Answer

Attitude toward risk can still play a role even after optimization of decision variables as it affects how confident an individual may feel in the optimized solution and their willingness to take risks or make trade-offs.

When the Value of a Decision Variable Has Been Optimized