In many ways, the material in this module deals with “real” life since uncertainty pervades almost all of our decisions. Please describe a decision you’ve had to make recently and identify the parameters that had a level of uncertainty. What was the level of uncertainty? Also, assess your level of risk taking as you moved toward a decision.
Please respond to the discussion question with one original post and at least two substantial replies to other students. A substantial reply is considered a post which moves our discussion forward and deepens our understanding of the material. You may wish to post a probing question (i.e. How would your model apply in ____ context? What would happen if we changed ______?) or by adding new information (i.e. This is similar to _____ because ______). Posts which simply state “Way to go Bob!” or “I thought the same thing.” do not deepen our understanding and will not earn full credit.
By the end of this module, you should have improved as a decision-maker. Have you? What measurable proof do you have of your improvement?This chapter also discusses risk taking. Reflect on how you might apply this material to some aspect of your life.