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Contemporary approaches to decision making describe a decision problem by sets of states and outcomes, and a rich set of acts: functions from states to outcomes over which the decision maker (DM) has preferences. Real problems do not come so equipped. It is often unclear what the state and...
Persistent link: https://www.econbiz.de/10010294014
for quantal response models in game theory. …
Persistent link: https://www.econbiz.de/10010335088
A belief operator derived from preferences is presented. It generalizes ‘belief with probability1’ to incomplete preferences and satisfies minimal requirements for belief operators under weak conditions.
Persistent link: https://www.econbiz.de/10010284299
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10010294006
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10010294849
This paper analyses whether freedom of decision as a crucial precondition of normative deci-sion theory is questioned … plain determination on the one extreme and complete autonomy on the other. It supports the proposition in decision theory … Entscheidungstheorie durch Ethik und Neurobiologie in Frage gestellt wird. Nach dem in ihm entwickelten Verständnis von Unternehmensethik …
Persistent link: https://www.econbiz.de/10010427726
We show how different kinds of belief operators derived from preferences can be defined in terms an accessibility relation of epistemic priority, and characterized by means of a vector of nested accessibility relations. The semantic structure is used to reconcile and compare certain non-standard...
Persistent link: https://www.econbiz.de/10010284443
A simple decision theoretic model shows the doping incentives for a member of a professional sports team. Depending on … team has a higher incentive than an individual team member that at least some of its members dope. That there are not many … proven cases of doping in team sports could be because doping is less effective or because the incentives to cover it are …
Persistent link: https://www.econbiz.de/10011695135
Paarbeziehungen sind ein zentraler Ort, an dem Ungleichheiten zwischen den Geschlechtern (re-)produziert, kompensiert oder verringert werden – im Sinne eines 'doing couple', 'doing gender' und 'doing (in)equality'. Zudem spiegeln sich in und zwischen Paaren Klassen-, Schicht- und...
Persistent link: https://www.econbiz.de/10012237212
The ecosystem services approach has attracted tremendous attention from policymaking, planning and interdisciplinary sciences over the last decades. Despite its broad acknowledgement worldwide, there are a number of well-known conceptual and methodological limitations that impair its use and...
Persistent link: https://www.econbiz.de/10012290463