-if” utility theory to account for biases and deviations, and substantially more careful observation of successful decision makers … frequently put forward in behavioral economics to justify “psychological” models that add new parameters to fit decision outcome …-axiomatic approach to normative analysis focused on veridical descriptions of decision process and a matching principle – between …

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

probabilities assumed in Knightian decision theory. I argue that some standard uses of classical inference are Knightian in spirit … classical statisticians act unconsciously as Knightian decision makers. If one accepts this argument, then it is of interest to …

theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional … theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and … extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for …