Showing 1 - 10 of 106
remedy for these shortcomings by developing a dynamical model of procedurally rational decision making. The basic idea of the … model is a feedback loop between experienced utility, decision utility, and activities. In applications of the model, I show …
Persistent link: https://www.econbiz.de/10014480143
Persistent link: https://www.econbiz.de/10000850494
Persistent link: https://www.econbiz.de/10000910317
We challenge the standard definition of economic rationality as consistency by making use of a novel distinction … between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on …
Persistent link: https://www.econbiz.de/10014323610
of needs strengthens economic models, by developing a decision-making framework for well-being assessment and choice …
Persistent link: https://www.econbiz.de/10014480164
management position. However, if non-contractible managerial decision rights give rise to private benefits and preference … managerial decision rights and performance-based promotions leads to a situation often referred to as the Peter principle … performance-based promotions and restricting managerial decision rights. …
Persistent link: https://www.econbiz.de/10012138859
Persistent link: https://www.econbiz.de/10013041095
than average in municipalities that were more heavily affected by the war. The loss of life among men led to female …
Persistent link: https://www.econbiz.de/10012221214
Persistent link: https://www.econbiz.de/10009777658