The __________ model views decision makers as acting in a world of complete certainty.
A)behavioral decision
B)true decision
C)cognitive decision
D)classical decision
E)aesthetic decision

Question

Quizplus · Accepted Answer

The classical decision model assumes that decision-makers have complete information, are able to identify all possible alternatives, and are able to evaluate the consequences of each alternative before making a rational decision. It is based on the notion of complete certainty, which is rarely found in real-world decision-making scenarios. The other options (A, B, C, and E) all assume some degree of uncertainty in decision-making.

The __________ Model Views Decision Makers as Acting in a World