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We all feel that our world is fundamentally uncertain. But less unanimity emerges as to what we mean by "uncertainty" and how we ought to adjust. Businessmen tend to be "cautious" and engineers to pick up the "right" decision criteria among the many available in the literature, without having much justification about their respective behaviors. This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Some decision criteria are then related to each case and assessed. Alternative ways to deal with risk - and risk attitude concepts - are then examined in the above perspective. Behavior under uncertainty emerges from this book as something to base more on inquiry and reflection than on mere intuition.

Uncertainty. --- Risk-taking (Psychology) --- Decision making. --- Operations research. --- Game theory. --- Economic theory. --- Economics. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Game Theory, Economics, Social and Behav. Sciences. --- Operation Research/Decision Theory. --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Economic theory --- Political economy --- Social sciences --- Economic man --- Games, Theory of --- Theory of games --- Mathematical models --- Mathematics --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Decision making --- Risk behavior --- Risky behavior --- Taking risks --- Human behavior --- Reasoning --- Mathematics. --- Operations Research/Decision Theory. --- Math --- Science --- Uncertainty