Purpose In many real-life situations, we do not know the exact values of the expected gain corresponding to different possible actions, we only have lower and upper bounds on these gains – i.e., in effect, intervals of possible gain values. The purpose of this study is to describe all possible ways to make decisions under such interval uncertainty. Design/methodology/approach The authors used both natural invariance and additivity requirements. Findings The authors demonstrated that natural requirements – invariance or additivity – led to a two-parametric family of possible decision-making strategies. Originality/value This is a first description of all reasonable strategies for decision-making under interval uncertainty – strategies that satisfy natural requirements of invariance or additivity.