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threshold models. It is demonstrated how simulated decision maps help in classifying observed time series. The maps process the …
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whether the classical approach or the Bayesian approach is more frequently used in the strategic management decision …-making literature. A sample of 51 decision-related articles is collected from the Strategic Management Journal and provides for … examines decision-making in strategic management and places emphasis on increasing the use of the Bayesian approach as a …
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normative theory as well. -- Bayesianism ; Bayesian learning ; decision theory ; expectations ; learning ; rational expectations … choices can be excluded on the basis of a decision maker's v. Neumann-Morgenstern utility function, her knowledge of past … ; rationality ; rationalizability ; subjectively expected utility theory ; subjective probability …
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's decision on how to allocate loans, we discuss decision making under Knightian uncertainty. We use the info-gap robust …
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