Decision-making processes when outcomes are unpredictable, involving probability assessment, risk evaluation, and coping with incomplete information.
Example: Medical decision-making when diagnoses are unclear, investment choices with uncertain returns, or treatment planning when outcomes can't be guaranteed.
Share This Psychology Term
Found this helpful? Share this psychology definition with others:
Explore Your Personality with Science-Backed Tests
Discover insights about yourself with our comprehensive personality assessments. Each test is designed to help you understand different aspects of your psychological profile and personal traits.