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 …

Decision-making is becoming increasingly complex as the number of stakeholders rises,the number of decision … framework is growing increasingly complex.Decision-making is caught between the need to thoroughly document and substantiate a … thecomplexity of the decision-making process increases, on the other hand. The present paper sought topresent critically the main …

Ergebnisse zeigen, dass die betriebliche Entscheidung für eine naturschutzfachliche Optimierung abhängig ist von der …

The supposed irrelevance of historical costs for rational decision making has been the subject of much interest in the … economic literature. In this paper we explore whether individual decision making under risk is affected by the cost of the …

We propose a new decision criterion under risk in which individuals extract both utility from anticipatory feelings ex … ante and disutility from disappointment ex post. The decision maker chooses his degree of optimism, given that more … axiom, such as the preference reversal in the Allais paradox, and predict that the decision maker takes on less risk …

The classical expected utility model of decision under risk (von Neumann-Morgenstern, 1944) has been criticized from an … Utility model (RDU) model (Quiggin, 1982) attempts to answer some of these criticisms. The decision maker is characterized by … more diversified types of behavior : it is consistent with the behavior revealed by the Allais paradox ; the decision maker …

situations where agents are accountable for their decision (“ex-ante”) and where they are accountable for the outcome (“ex-post”). …