Decision-making is a cognitive process that involves selecting a course of action from multiple alternatives, often under conditions of uncertainty. It is influenced by various factors such as individual biases, available information, and the decision-making environment.

Decision-making

cognitive process

course of action

multiple alternatives

conditions of uncertainty

individual biases

Available information refers to the data and knowledge accessible to individuals or entities at a given time, which influences decision-making processes. The quality and quantity of available information can significantly impact the effectiveness and outcomes of those decisions.

available information

decision-making environment

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