Concept information
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crisis management
civil crisis management
decision making
the psychology underlying decision making
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crisis management
civil crisis management
decision making
the psychology underlying decision making
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learning and perception
cognitive processes
decision making
the psychology underlying decision making
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politics and international relations
governance
decision making
the psychology underlying decision making
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social psychology
judgment and decision making
decision making
the psychology underlying decision making
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business and management
management skills
decision making
the psychology underlying decision making
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process approach to leadership
situational leadership
decision making
the psychology underlying decision making
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cognitive psychology
thinking (psychology)
decision making
the psychology underlying decision making
Preferred term
gambles
Definition
- The standard gamble is a method for eliciting a person's preferences for different outcomes where an outcome may be a physical object, a monetary gain, a medical condition, or some other state of affairs. It uses simulated choices among various outcomes of known preference to quantify the value (or utility) of the target outcome. [Source: Encyclopedia of Medical Decision Making; Gambles]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/gambles
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