We propose a theory to manage the uneasy relation between strategic choice, chance, and determinism (or inevitability). To do so, we locate arguments in intellectual history that have a clear bearing on this relation. We introduce and defend four conjectures that outline the relationship between...

Deliberative inclusive approaches, such as citizen juries, have been used to engage citizens on a range of issues in health care and public health. Researchers engaging with the public to inform policy and practice have adapted the citizen jury method in a variety of ways. The nature and impact...

Moral hazards are said to occur when one party makes decisions that have potential negative consequences that will either be fully or partially experienced by another party. The present experiment sought to explore moral hazard in a laboratory setting. Participants made choices between certain...

We explore the impact of construal level on decisions involving conflicts between multiple ethical principles. Whereas abstract mindsets are associated with a focus on ethical issues and superordinate concerns, concrete mindsets are associated with financial self-interest. With abstract...

Environmental uncertainty is a major determinant in many managerial decisions and evaluations. Yet, there is no consensus what constitutes a valid measure of uncertainty to which executives can respond. This paper explicates conceptual and methodological differences between Archival...

Experimental psychologists and economists construct an individual or interactive decision situation in the laboratory. They find non-negligible differences between the observed behavior of participants and the theoretically implied behavior. We refer here to the expected utility theory and to...

The paper presents four possible ways to devise interventions aimed at enhancing thinking abilities in children. The assumptions underlying each perspective are highlighted by making reference to training programs implemented to foster problem-solving and creativity skills. The critical role of...

For long, economics and sociology have been exploring rationality and decision-making with analytical tools of their own. This paper aims at comparing Keynes’s theories with Bourdieu’s in this regard. It hinges around three headings, namely: 1) a spontaneous, embodied view on action; 2) the...

The purpose of this exercise is to examine recent advances in corporate governance regulatory environment in European countries that are members of the European Union. The importance of such a study stems from the increasing importance of European economies in the global market. With this in...

Risk is a fundamental concept in audit as well as in the business world at large. Yet, little is known about the personal factors that might influence the risk attitude of a decision maker. The business decision makers are usually faced with a degree of uncertainty when they have to assess risk...