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Deliberation, information aggregation and collective decision making

Swank, Otto H.; Wrasai, Phongthorn - 2003

We study a model of collective decision making with endogenous information collection.Agents collect information about … decision is made. The reason for this result is that communicationmay aggravate the free-rider problem associated with …

Persistent link: https://www.econbiz.de/10011325966

What Simon says

Heukelom, Floris - 2006

This paper provides an overview of the work of Herbert Simon and his ideas about rational decision making. By his own …’s research is how human beings organize themselves in different structures of distributed decision making in order to achieve a … view on rational decision making in economics and other social sciences. …

Persistent link: https://www.econbiz.de/10011350370

Theravada Buddhism and Thai luxury fashion consumption

Mao, Ning; McAleer, Michael - 2017

This paper reviews the Thai national character according to Hofstede's cultural dimension theory and Komin's nine values cluster (Psychology of the Thai people), analyses the social hierarchy of Thai consumers according to the Luxury 4P Taxonomy (Han et al., 2010), integrates the Theory of...

Persistent link: https://www.econbiz.de/10011587631