Showing 1 - 10 of 7,504
In this paper, I seek to establish a framework in which solutions to imperfect recall decision problems can be suitably … optimal extended strategies. Also, I discuss further issues in decision theory with imperfect recall, including the prospects …
Persistent link: https://www.econbiz.de/10011545421
In this paper, I study decision theory in the presence of imperfect recall. I use an extension of the standard strategy …
Persistent link: https://www.econbiz.de/10011545463
procedure. At any given trial, the decision maker deliberately randomizes over mental categories and chooses the best item … decision maker picks the default option. We provide the necessary and sufficient conditions that characterize this model in a …
Persistent link: https://www.econbiz.de/10011526886
historical perspective and link our findings to a suggestion as to how decision theory could make use of it today. We emphasize …, with how it generally came to function within decision theory from the late 1970s onwards: that is, as an empirical … for possible use by decision theorists today …
Persistent link: https://www.econbiz.de/10012120707
This paper studies associations between the use of formal decision-making processes in e-Government projects and the … outcomes of these projects. By doing so, this study contributes to the decision sciences as well as to the fields of e … reveal that successful projects distinguish themselves by involving more activities related to formal decision …
Persistent link: https://www.econbiz.de/10012107656
We investigate various statistical methods for forecasting risky choices and identify important decision predictors …
Persistent link: https://www.econbiz.de/10011964372
Recent studies on decision analytics frequently refer to the topic of behavioral decision making (BDM), which focuses … on behavioral components of decision analytics. This paper provides a critical review of literature for re-examining the … relations between BDM and classical decision theories in both normative and descriptive reviews. We attempt to capture several …
Persistent link: https://www.econbiz.de/10012792414
Persistent link: https://www.econbiz.de/10012817221
between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on …
Persistent link: https://www.econbiz.de/10014323610
decision theory. The work underscores how a humble theorem, when viewed in a broad historical frame, bears the weight of many …
Persistent link: https://www.econbiz.de/10013367797