determined. The author's understanding of the concept of "econometric approach to managerial decision-making" is proposed as a …. The advantages and disadvantages of the econometric approach to managerial decision-making are determined. The general … expediency and effectiveness of using econometric models and methods at all stages of managerial decision-making have been …

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 …