The article explores how people's preferences change when faced with uncertainty. It introduces two decision rules that consider different levels of uncertainty when making choices. These rules help us understand how individuals weigh the best and worst outcomes of a decision. The researchers also investigate how wealth affects decision-making under uncertainty. They find that as people become more certain about their wealth, they may become less worried about the worst-case scenario. This study sheds light on how people make decisions when faced with ambiguity and how their preferences can shift based on different levels of uncertainty.