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This seminal work advances beyond neoclassical economics to provide an integrated overview of economic decision making … developments in learning and game theory, transaction costs and evolutionary economics to provide new insights into economic and … managerial phenomena. The results are applied to different levels of decision-making, including decisions by individuals, taking …
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framework of game theory in order to better fit with the results of rapidly increasing laboratory experiments concerned with …
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and relatively nonreligious study subjects. This result was inconsistent with the bounded rationality theory, which … identity. It was more consistent with the expressive rationality theory, under which individuals of opposing cultural …
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Classic behavioral decision research has intensively explored deliberate processes in decision making. Accordingly … constraint for many decision problems. The general parallel constraint satisfaction (PCS) approach is outlined, which aims at … describe decision making comprehensively, models must account for the interaction between automatic and deliberate processes …
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