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Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in …
Persistent link: https://www.econbiz.de/10005076670
In this working paper it is investigated how affect and cognition interact in consumer decision making. The research … brand choice immediately when the decision is computed in the test person’s brain. In a neuroscientific experiment test … persons perform binary decision-making tasks between different brands of the same product class. The results suggest that the …
Persistent link: https://www.econbiz.de/10005125573
be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory … novelties appear. An application to decision-making in the biotech and pharmaceutical industry illustrates the potentialities of …
Persistent link: https://www.econbiz.de/10005125582
Economists often perceive the “ideological beliefs“ held by political actors as obstacles to rational policy-making. In contrast, it is argued that ideologies have characteristics that appear desirable in policy- making in that they allow political actors to credibly commit themselves to...
Persistent link: https://www.econbiz.de/10005556964
This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of "Japanese" versus "American" organizational structures...
Persistent link: https://www.econbiz.de/10005561473
Current analysis addresses an apparently critical issue of wealth circulation in the society. We try to play a game with the welfare- related burden of taxation. Thus, the Negotiator No.1 stands up for citizens legal and moral rights to social services. The Negotiator No.2 proceeds from the...
Persistent link: https://www.econbiz.de/10005125988
If bigger objects go into a jar, then there will be space to fill it with smaller objects in sequence. If the order of the objects are reversed, then it ends in filling it at the starting point. Happiness in life is similar to this. Fill high priority needs in the life, and smaller needs can be...
Persistent link: https://www.econbiz.de/10005408439
Current analysis addresses an apparently critical issue of wealth circulation in the society. In the form of three persons game, we put the welfare-related burden on taxpayers. The Negotiator No.1 stands up for citizens’ legal and moral right to social services. The Negotiator No.2 proceeds...
Persistent link: https://www.econbiz.de/10005550930
Current analysis addresses an apparently critical issue of wealth circulation in the society. In the form of three persons game, we put the welfare-related burden on taxpayers. The Negotiator No.1 stands up for citizens’ legal and moral right to social services. The Negotiator No.2 proceeds...
Persistent link: https://www.econbiz.de/10005550964
Current analysis addresses an apparently critical issue of wealth circulation in the society. In the form of three persons game, we put the welfare-related burden on taxpayers. The Negotiator No.1 stands up for citizens’ legal and moral right to social services. The Negotiator No.2 proceeds...
Persistent link: https://www.econbiz.de/10005118614