Give an example in which a decision was complicated because


Question: 1. Give an example in which a decision was complicated because of difficult preference trade-offs. Give one that was complicated by uncertainty.

2. In the Rice University football example, what are some of the issues that you would consider in making this decision? What are the alternative courses of action? What issues involve uncertainty, and how could you get information to help resolve that uncertainty? What are the values held by opposing groups? How might your decision make tradeoffs among these values?

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Microeconomics: Give an example in which a decision was complicated because
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