Asked by Dejanece Thomas on Jul 05, 2024
Verified
According to the model of uncertainty and confidence, as uncertainty increases, a decision maker's confidence tends to
A) become disconnected.
B) decline.
C) slightly increase.
D) significantly increase.
E) remain stable.
Uncertainty
The state of having limited knowledge, making it impossible to precisely predict the future or outcomes.
Confidence
Confidence is the belief in one's abilities and qualities, fostering a positive self-perception and courage to face challenges.
- Separately identify the conditions of decision-making, namely certainty, risk, and uncertainty.
Verified Answer
SM
Serge MissirianJul 10, 2024
Final Answer :
B
Explanation :
According to the model of uncertainty and confidence, as uncertainty increases, a decision maker's confidence tends to decline. This is because uncertainty leads to a lack of information or understanding, which makes it difficult for the decision maker to feel confident in their choice. As a result, their confidence tends to decrease as uncertainty increases.
Learning Objectives
- Separately identify the conditions of decision-making, namely certainty, risk, and uncertainty.
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