Human decision making is a process guided by different and partly competing motivations that can each dominate behavior and lead to different effects depending on strength and circumstances. 'Over-stylizing' neglects such competing concerns and context-dependence, although it facilitates the...

Contemporary approaches to decision making describe a decision problem by sets of states and outcomes, and a rich set of acts: functions from states to outcomes over which the decision maker (DM) has preferences. Real problems do not come so equipped. It is often unclear what the state and...

This paper argues in favour of a closer link between decision and forecast evaluation problems. Although the idea of using decision theory for forecast evaluation appears early in the dynamic stochastic programming literature, and has continued to be used in meteorological forecasts, it is...

Dynamic and unpredictable the contemporary decisional document meets serious changes, so that the discontinuity of changes and their even more complex characteristic have started to control the environment in which companies of this third millennium run. In the future, company will be structured...