What are some common decision-making biases and heuristics that can impact decision quality?
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What are some common decision-making biases and heuristics that can impact decision quality?
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- How does decision theory deal with decision-making in situations involving multiple criteria or objectives?How does decision theory incorporate uncertainty and risk into the decision-making process?What are the limitations and criticisms of decision theory as a framework for decision- making? Are there alternative theories or approaches that address these limitations?