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Ongoing global changes bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The uncertainty critically...
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Motivation for betting and risk taking -- Toward an explanation of betting as a leisure pursuit -- Costing excitement in leisure betting -- Successful betting strategies : evidence from the UK off-course betting market -- The impact of complexity on decision-making behaviour -- The complex...
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Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded...
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Chapter 1. Introduction -- Chapter 2. Robust Decision Making (RDM) -- Chapter 3. Dynamic Adaptive Planning (DAP) -- Chapter 4. Dynamic Adaptive Policy Pathways (DAPP) -- Chapter 5. Info-Gap (IG) Decision Theory -- Chapter 6. Engineering Options Analysis (EOA) -- Chapter 7. Robust Decision Making...
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