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mentalist approach to economics. Setting aside normative concerns about behaviourism, we show that mentalism is in line with …Behaviourism is the view that preferences, beliefs, and other mental states in social-scienti�c theories are auxiliary … constructs re-describing people's behav- ioural dispositions. Mentalism is the view that they capture real phenomena, no less …
Persistent link: https://www.econbiz.de/10011258839
can be said about a decision maker's preferences. The approach makes explicit what additional assumptions are imposed on … budget among which the decision maker is indifferent. …
Persistent link: https://www.econbiz.de/10010540947
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 …
Persistent link: https://www.econbiz.de/10005649761
handled by psychologists and economists. With respect to the historical background of decision theory in economics, it is …
Persistent link: https://www.econbiz.de/10010860430
Persistent link: https://www.econbiz.de/10005719425
agent receives a sequence of signals imperfectly correlated with the true state that he will use to take a single decision … will be called upon to make a decision based solely on his mental state at that time. We show that under quite general …
Persistent link: https://www.econbiz.de/10010556294
Human decision making is a process guided by different and partly competing motivations that can each dominate behavior …
Persistent link: https://www.econbiz.de/10008457252
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 …
Persistent link: https://www.econbiz.de/10009150890
We report experimental findings about subjects’ behavior in dynamic decision problems involving multistage lotteries …
Persistent link: https://www.econbiz.de/10010863442
theory? This paper reports an experiment that addresses that question. …
Persistent link: https://www.econbiz.de/10008563215