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This article describes how Plato proposed the dualistic solution to the mind-body problem, providing an explanation along the lines of his epistemology. Francis Bacon, in 1600, formulated his vision of the scientific method that will be valid until the 1960's when Karl Popper proposed his...
Persistent link: https://www.econbiz.de/10012047747
role of emotion in rational choice theory.  …
Persistent link: https://www.econbiz.de/10014587476
We consider a decision maker who enjoys choosing from a varied set of alternatives. Building on behavioral evidence, we propose testable axioms which characterize preference for variety and provide a representation theorem. We go on to illustrate the potential effects of preference for variety...
Persistent link: https://www.econbiz.de/10014588685
Abstract Health impact simulation models are used to predict how a proposed policy or scenario will affect population health outcomes. These models represent the typically-complex systems that describe how the scenarios affect exposures to risk factors for disease or injury (e.g. air pollution...
Persistent link: https://www.econbiz.de/10014590690
Persistent link: https://www.econbiz.de/10014610926
on statistical decision theory and that is, in many aspects, compatible with the familiar framework of causal graphs (e …
Persistent link: https://www.econbiz.de/10014610936
employ sequential decision theory to analyze the game of incomplete information. The analysis is basic in that we employ a …
Persistent link: https://www.econbiz.de/10014618012
two main, but opposing, theoretical perspectives: one rooted in decision theory and the other that sees projects as social …
Persistent link: https://www.econbiz.de/10014786415
Purpose – The purpose of this paper is to deal with the appropriateness of using the Monte Carlo simulation as a technique to calculate risk in real estate development. Design/methodology/approach – The paper is divided into two interlinked segments. The first segment examines the general...
Persistent link: https://www.econbiz.de/10014898334
Purpose The purpose of this paper is to describe the way real estate data collection and dissemination can be improved. Design/methodology/approach The paper investigates that how information entropy fits into real estate research and data using Kelly betting as a framework. Findings...
Persistent link: https://www.econbiz.de/10014899043