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This article offers an approach to the general structure of the controversy in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly...
Persistent link: https://www.econbiz.de/10008533260
categories: general, knot theory, decision theory (utility and subjective probability), strategic games, coalitional games, and …
Persistent link: https://www.econbiz.de/10004973109
categories: general, knot theory, decision theory (utility and subjective probability), strategic games, coalitional games, and …
Persistent link: https://www.econbiz.de/10004973270
We investigate how the organizational structure of a firm influences the decision making of its top management. Different organizational structures lead information to be processed in different ways by the individual decision makers, potentially creating an informational cascade within the...
Persistent link: https://www.econbiz.de/10004982157
Using a relatively mild restriction on the beliefs of the MMEU-apreference functional, in which the decision maker’s degree of ambiguity and degree of pessimism are each parameterized, we present a rather general theory of religious choice in the decision theory tradition, one that can resolve...
Persistent link: https://www.econbiz.de/10005135357
Persistent link: https://www.econbiz.de/10005001451
The phenomenon of adaptive preferences – sometimes also known under the name of sour grapes – has long caused a stir in Social Theory. In this paper, the precise problem posed by adaptive preferences, as seen from the point of view of a theoretician who intends to model or understand the...
Persistent link: https://www.econbiz.de/10005011630
We discuss how the field of Neuroeconomics can be useful to analyze classical economic problems, in Decision Theory and Game Theory. The paper will review some of the results appeared recently, as well an attempt to provide a theory to organize research in htis area
Persistent link: https://www.econbiz.de/10005069523
This essay illustrates that if Savage's small world assumption is relaxed, one can construct a theory of bounded rationality that incorporates some of the insights from recent work in cognitive psychology. The theory can be used to explain why contracts are incomplete and the existence of...
Persistent link: https://www.econbiz.de/10005074107
standard probability theory and of classical utility theory. Our QDT formalizes systematically a broader class of decision … the context of classical utility theory are reducible to just a few mathematical archetypes, all of which finding …
Persistent link: https://www.econbiz.de/10005162985