risk-based decision making
Risk-based decision making refers to a systematic process of assessing and evaluating potential risks associated with various options or choices, with a focus on identifying and prioritizing risks before making a decision.
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Related Concepts (2)
Similar Concepts
- data-driven decision making
- decision making under risk
- decision making under uncertainty
- decision-making under risk
- prudent decision-making
- risk assessment and decision-making
- risk assessment in decision-making
- risk control
- risk management
- risk modeling
- risk prioritization
- risky decision making
- risky decision-making
- value-based decision making
- value-based decision-making