Risk management in this paper is focused on multivariate risk-return decision making assuming time-varying estimation …

disregarded in conflict theory. In this dynamic model of decision making we focus on the time dimension of an escalating conflict … conflicts ; uncertain investment in conflict ; theory of conflict ; decision to attack …Initiating a conflict is an investment in social, political or economic change. The decision to attack is sequential in …

unsuccessful entrepreneurs is precisely that they vary their decision-making styles, sometimes relying on heuristics and sometimes … level of ambiguity in a particular decision context and then tailor their decision-making process to reduce risk …

In this paper, we assess the degree to which four of the most commonly used models of risky decision making can explain … enough to approximate Kahnenman and Tversky's prospect theory and that for certain parametric values will yield the expected … explain the decision-making behavior of the majority of our subjects. Surprisingly, we find that the choice behavior of the …