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The paper analyses the paradox found on the stock exchanges where routine operations are regulated on a very detailed scale while important decisions regarding investments in financial asset are taken under uncertainty conditions. Thus, the paper emphasizes the debate of the source, the nature...
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support to decision making process, but also attract new costs. In this situation, getting new information, generally … experimentaly based, contributes to diminushing the uncertainty degree that influences decision making process. As a conclusion, in … a large number of decision problems, there is the possibility that the decision makers will renew some decisions already …
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Uncertainty is given because we don’t know the nature state event. The company can only estimate the demand of policies in order to estimate the received premiums. If the insurance company doesn’t choose correctly the alternative and the number and the damages will be greater then...
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