The ___ is particularly useful in describing how people make decisions under conditions of risk and uncertainty.
A) classical decision model
B) executive decision model
C) behavioural decision model
D) descriptive decision model
E) political decision model

Question

Quizplus · Accepted Answer

The behavioural decision model takes into account the psychological and social factors that influence decision making, particularly under conditions of risk and uncertainty. It recognizes that people do not always make rational, optimal decisions and can be influenced by biases and heuristics. The other options (classical, executive, descriptive, political) do not focus specifically on decision making under conditions of risk and uncertainty.

The ___ Is Particularly Useful in Describing How People Make