Showing 1 - 10 of 29
This paper analyses whether freedom of decision as a crucial precondition of normative deci-sion theory is questioned … decision as the necessary basis for handling ethical questions in business practice, rather then as a limitation to this end … plain determination on the one extreme and complete autonomy on the other. It supports the proposition in decision theory …
Persistent link: https://www.econbiz.de/10005649761
In this paper I shall introduce a new method by which it is possible to study the dynamical decision maker's behaviour …
Persistent link: https://www.econbiz.de/10011258597
This article offers an approach to the general structure of the rhetoric in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly and...
Persistent link: https://www.econbiz.de/10009372536
One of the main achievements of Herbert A. Simon in organizational theory is analytically evaluating the psychology of individual and collective behavior thus opening the ground for further research D. Kahneman, and T. Schelling. This article provides an assessment of the contributions of...
Persistent link: https://www.econbiz.de/10008543791
This paper examines some of the consequences for economic theory of the replacement of binary personal preferences by non-binary personal preferences in an Arrow-Debreu society as in Debreu (1959), and reaches the conclusion that there is both much damage to existing theory and greater...
Persistent link: https://www.econbiz.de/10008529321
This article offers an approach to the general structure of the controversy in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly...
Persistent link: https://www.econbiz.de/10008533260
in information processing to a Bayesian decision-theory model and explore its consequences in terms of decisions and … payoffs. I show that in monotone decision problems economic agents with more positive-responsive information structures are …
Persistent link: https://www.econbiz.de/10005619640
There are a number of cases in which individuals do not expect to find out which outcome occurs. The standard von Neumann-Morgenstern Expected Utility model cannot be used in these cases, since it does not distinguish between lotteries for which the outcomes are observed by the agent and...
Persistent link: https://www.econbiz.de/10005620124
the epistemic notions of unawareness and knowledge, we try to build a bridge between decision theory and epistemic logic …
Persistent link: https://www.econbiz.de/10009004843
Orthodox decision theory gives no advice to agents who hold two goods to be incommensurate in value because such agents …, we aim to do two things: (1) show that there is a good case for revising decision theory so as to allow it to apply non …-vacuously to agents with incomplete preferences, and (2) to identify one substantive criterion that any such non-standard decision …
Persistent link: https://www.econbiz.de/10011108437