Showing 1 - 9 of 9
We develop an axiomatic approach to decision under uncertainty that explicitly takes into account the information … available to the decision maker. The information is described by a set of priors and a reference prior. We define a notion of … imprecision for this informational setting and show that a decision maker who is averse to information imprecision maximizes the …
Persistent link: https://www.econbiz.de/10010750380
The assumption we submit, because macroeconomic forcasts would be unperfect, is that behavioral equations doesn't enough describe economic behaviours through the capacity of reaction opposite to environment. Further, the forcaster belongs to his search-system, so that, may be, we must now...
Persistent link: https://www.econbiz.de/10005836791
Decision making always and necessarily implies human actions, which, when facing an external event (information) must …
Persistent link: https://www.econbiz.de/10008544702
Uncertainty means partially or totally knowing the probabilities to accomplish an action’s potential results.
Persistent link: https://www.econbiz.de/10008490475
La notion de transparence de l'information tend aujourd'hui à être considérée non seulement comme valeur éthique de l'entreprise mais plus concrètement comme sous-tendant la mise en œuvre d'une politique moderne de "Corporate Gouvernance".Il est donc particulièrement intéressant...
Persistent link: https://www.econbiz.de/10008790751
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices may be influenced by earlier ones. This paper reports instead between-subject results on the...
Persistent link: https://www.econbiz.de/10008791266
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices may be influenced by earlier ones. This paper reports instead between-subject results on the...
Persistent link: https://www.econbiz.de/10008791715
later use just as the way the design project is pursued. The second section focuses on decision-making and how the various …
Persistent link: https://www.econbiz.de/10008871158
Decisions’ basic factors during decision making are interdependent, which reflects the features of the decision making … goals using the predicted ways. The elements involved in decision making are controllable variables, their features are …
Persistent link: https://www.econbiz.de/10008560105