Pivoting is almost always a decision that is made with incomplete information and under conditions of extreme uncertainty.
业务转向(pivot)往往是在信息不完整和极端不确定的条件下做出的决策。
2
Their theory begins with the observation that decision making underuncertainty often results in erroneous inference, but some errors are more costly in their consequences than others.
By the comparative analysis of three utility models: CRRA, LA and DA, this paper tries to provide a helpful insight into the studies of investment decision problems underuncertainty.