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of profit-making, etc.), morality (i.e. ethical norms) and intuition (i.e. the intuitive decision whether to engage in … of logic, moral and intuition should be all taken into consideration in order to better understand such illegal actions …
Persistent link: https://www.econbiz.de/10008596407
, which is replicable, as well as intuition, which is non-replicable. Intuition is expert knowledge possessed by a forecaster … updates are progressive, where the interaction between model and intuition is explicitly taken into account. The data set for … progressive, and that progress can be explained predominantly by improved intuition. …
Persistent link: https://www.econbiz.de/10011108725
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
) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing … Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii …’s (2005) project valuation method, on the basis of which Magni’s criticism to NPV is objected, leaves decision makers open to …
Persistent link: https://www.econbiz.de/10005836868
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
This paper deals with the use of the CAPM for capital budgeting purposes. Four different measures are deductively drawn from this model: the disequilibrium Net Present Value, the equilibrium Net Present Value, the disequilibrium Net Future Value, the equilibrium Net Future Value. While all of...
Persistent link: https://www.econbiz.de/10005055505
The article tackles the key-points of the European Commission decision clearing a complex merger in which a situation …
Persistent link: https://www.econbiz.de/10005622071
uncertainty, the Fondamenta of decision will assume a deep knowledge and timely two media inside and outside, where economic …
Persistent link: https://www.econbiz.de/10008753086
frequently put forward in behavioral economics to justify “psychological” models that add new parameters to fit decision outcome …-axiomatic approach to normative analysis focused on veridical descriptions of decision process and a matching principle – between …-if” utility theory to account for biases and deviations, and substantially more careful observation of successful decision makers …
Persistent link: https://www.econbiz.de/10008756521