What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed

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What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed uncertainty?

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Business Intelligence and Analytics Systems for Decision Support

ISBN: 978-0133050905

10th Edition

Authors: Ramesh Sharda, Dursun Delen, Efraim Turban

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Question Posted: Dec 30, 2014 11:15 AM

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What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed

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An optimist makes the choice that has the best bestcase outcome even if i...View the full answer

Business Intelligence and Analytics Systems for Decision Support

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