an uniform solution of the underweighting of high and the overweighting of low probabilities, of the Allais paradox, risk …

consequences of the hypothesis in utility and prospect theories are reviewed. Partially unforeseen events and their role in …

reliance on Taylor’s approximations and the indirect utility function. …

noises, uncertainties. A hypothesis of existence of such ruptures may be used to solve a number of problems of, e.g., utility … theory in economics. The calculations give the dimensions of ruptures can be more than 1/3 of the standard deviation for the …

, services, capital, knowledge, and to a smaller extent, people. Under the conditions of the actual existence of risk and … uncertainty, the Fondamenta of decision will assume a deep knowledge and timely two media inside and outside, where economic … agents conducted their business and streamline actions and human decisions consisting not only in risk avoidance and removal …

Making a decision is a complex process which must be based upon a method that is able to establish the optimum criteria … in choosing an alternative, in evaluating the main effects of implementing the decision which was taken and in estimating …

”Decision making always and necessarily implies human actions, which, when facing an external event (information) must …