A payoff table is an excellent decision-making tool for uncertain times. In the previous article, I discussed risk profiling for reducing risks in decision-making during uncertain times, today I will discuss the payoff table. Payoff table It’s great for: Two options decisions Multiple options decisions Daily life decisions A payoff table is a simple table […]
Category: Thinking
This article is a continuation of my series on decision-making in uncertainty and the age of the Coronavirus. In my previous article, I explored the adaptive decision-making approach. This article is about risk profiling, another approach to managing uncertainties. Managing uncertainties with risk profiling You start by naming the key uncertainties, the outcomes, and consequences. […]
Adaptive Decision Making In the past article, I explored how knowledge improves your decision-making in uncertain times. In this article, I will explore adaptive decision-making. An adaptive approach[1] in decision-making can improve your situation, especially in uncertainty. In this approach, you break big decisions down into smaller ones. Then while making every decision, use the […]
In the past few articles, I explored the meaning of uncertainty, especially in the coronavirus era; I also explored the relationship between knowledge, stress, and uncertainty. In the following articles, I will discuss how to deal with uncertainty. Today we are facing an enemy we cannot see. It already killed thousands, smashed economies, and people […]
In my previous article, I explored the association between knowledge, uncertainty, and stress. In this article, I will explore the behaviors of people during the pandemic. There are five phases in the relationship between uncertainty and knowledge. The illiterate, educated, informed, scientists, and the all informed population based on the level of knowledge. In the […]