The First Step in Using the Delphi Procedure Is to

question 37

Multiple Choice

The first step in using the Delphi procedure is to

• A) recognize the problem.
• B) collect potential alternatives.
• C) agree that the decision will not be optimized.
• D) obtain the cooperation of a panel of experts.
• E) create staff positions for group members.

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Definitions:

Behavioral Economics

An area of economics that incorporates insights from psychology to understand decision-making and economic behavior that deviates from classical economic theories.

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Current Positions

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