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A general framework is described specifying how boundedly rational decision makers generate their choices. Starting … new decision routines (by applying "New Problem Solver"). Our admittedly bold attempt is loosely related to some stylized …
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A general framework is described specifying how boundedly rational decision makers generate their choices. Starting … decision routines (by applying New Problem Solver). Our admittedly bold attempt is loosely related to some stylized …
Persistent link: https://www.econbiz.de/10009781608
A general framework is described specifying how boundedly rational decision makers generate their choices. Starting … generate new decision routines by applying "New Problem Solver"). Our admittedly bold attempt is loosely related to some …
Persistent link: https://www.econbiz.de/10013321119
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view. Though models of substantive rationality cannot serve as guidance for decision-making under uncertainty, we can … improve prescriptions for coping with uncertainties in view of evidence of substantive success or failure. Decision theory …A rigorous reconstruction of scenario-based real choice making reveals the incompleteness of decision-modeling and the …
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