Risky decision making occurs when an individual makes a decision a. among preferences b. under uncertain conditions c. based on a known outcome d. by eliminating unwanted outcomes

Option (B) is the correct answer.

Explanation:

Uncertain conditions are the conditions where result of the decision is not known or unpredictable.

Therefore, at that point of time it becomes a risky situation because you are not sure about what might happen as the result of your decision.

The result could be either good or bad.

Hence, we can conclude that risky decision making occurs when an individual makes a decision under uncertain conditions.

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