Jump to content

User:Wilsonuid/Decision-making sciences

From Wikipedia, the free encyclopedia

This is the current revision of this page, as edited by 98.248.33.198 (talk) at 17:14, 6 October 2009 (workpage). The present address (URL) is a permanent link to this version.

(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

Decision-making science is the study of how humans make decisions. Decision-making is an important process in [economics]. As resources are scarce, not all human [wants] can be satisfied. Therefore, humans have to make choices.

Important Concepts[edit]

Opportunity Cost[edit]