Examlex
Satisfaction as an emotion is extremely strong and creates relatively strong behavioral reactions.
EMV
Stands for EuroPay, MasterCard, and Visa, a standard for the interoperability of chip cards and chip-card capable payment terminals and ATMs, for authenticating credit and debit card transactions.
Maximin Criterion
A decision-making rule used for minimizing the worst-case scenario loss.
Uncertainty
The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.
EMV
stands for Expected Monetary Value, a concept in risk management used to calculate the average outcome of future events and their financial impacts.
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