
Uncertainty is a defining characteristic of many real-world decision-making environments. From rapidly shifting markets to geopolitical instability and technological disruption, uncertainty complicates the ability of individuals and organizations to make optimal decisions. This paper explores decision-making strategies under uncertainty, drawing from fields such as behavioral economics, cognitive psychology, strategic management, and operations research. It highlights how classical models of rational decision-making fall short in uncertain conditions, and examines adaptive approaches such as bounded rationality, scenario planning, heuristics, and robust decision frameworks. The paper also reviews contemporary tools and technologies, such as AI and simulations, that aid in navigating uncertainty in dynamic contexts.
| citations The total number of citations received by all articles of the researcher of interest. | 0 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
