What does Classical Decision Making rely on?

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Classical Decision Making relies on established methods and principles, emphasizing a systematic and rational approach to decision-making. This methodology is grounded in the belief that decisions can be made logically by analyzing all relevant information and considering all possible alternatives before reaching a conclusion. It often involves identifying the problem, collecting data, evaluating options based on a structured framework, and selecting the most effective course of action based on objective criteria.

This approach contrasts with reliance on subjective factors such as intuition, personal biases, or collaborative opinions, which are not typically considered foundational to the Classical Decision Making process. By focusing on established methods, decision-makers aim for consistency, accuracy, and objectivity in their choices, ultimately leading to more effective and efficient decision outcomes.

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