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We analyze and evaluate the different decision rules describing the Council of Ministers of the EU starting from 1958 … propose a methodology for the design of the optimal (fair) decision rules. We perform the optimization exercise for the …
Persistent link: https://www.econbiz.de/10014184868
Negotiators and decision-makers are typically embedded within a web of existing social relations. Taken as a whole …, these relations define an implicit social structure which can influence the decision outcome. One aspect of this structure … here can identify groups of decision-makers with a contextual affinity (i.e., membership in a given medical specialty or …
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We study two aspects of globalization. It allows a decision-maker to go beyond his own local experience and to learn … from other decision-makers in addressing common problems. This improves the identification and diffusion of best practices …. It also provides extra information to 'markets' that evaluate decision-makers: comparisons become possible. We identify …
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A framing effect occurs when different, but logically equivalent, words or phrases (e.g., 10% employment or 90% unemployment) cause individuals to alter their decisions. Demonstrations of framing effects challenge a fundamental tenet of rational choice theory and suggest that public opinion is...
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Extensive scholarly attention is devoted to citizens' preferences for alternative models of political decision … void in the literature, our article analyzes the determinants of preferences for citizens as decision-makers. It uses …
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Decision-making processes are studied using non-standard all-pay structures. Our interest is motivated by regulatory …
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