1 Contrast risk and uncertainty 2 Outline decisionmaking inv

1) Contrast risk and uncertainty.

2) Outline decision-making involving risk.

3) Watch video where Esther Duflo speaks on TED Talk

https://www.ted.com/talks/esther_duflo_social_experiments_to_fight_poverty

How is this video related to our week 7 discussion?

What is the tool Esther Duflo suggests in her TED Talk?

Do your companies utilize the tools Esther Duflo’ suggests for the betterment of their business decision-making? If yes, can you briefly tell us about them? If not, why not?

Solution

1.