Abstract
Organizational decision making often occurs in the face of uncertainty about whether a decision maker’s choices will lead to benefit or disaster. Risk is the potential that a decision will lead to a loss or an undesirable outcome. In fact, almost any human decision carries some risk, but some decisions are much more risky than others. Risk and decision making are two inter-related factors in organizational management, and they are both related to various uncertainties.
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Lu, J., Jain, L.C., Zhang, G. (2012). Risk Management in Decision Making. In: Lu, J., Jain, L.C., Zhang, G. (eds) Handbook on Decision Making. Intelligent Systems Reference Library, vol 33. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-25755-1_1
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DOI: https://doi.org/10.1007/978-3-642-25755-1_1
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-25754-4
Online ISBN: 978-3-642-25755-1
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