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Escaping from Bad Decisions

A Behavioral Decision-Theoretic Perspective

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"Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective presents a modern conceptual and mathematical framework of the decision-making process. This framework explains how decision-making under certainty, risk, and uncertainty can be better understood and theoretically explained, and provides a critical examination of psychological models in multi-attribute decision-making. It evaluates and defines the constitutive elements of "good decisions" and "bad decisions." By defining ordinal utility theory relating to multi-attribute decision-making, this book re-interprets the rationality of multi-attribute decision-making based on Arrow's general possibility theorem"--

Informations bibliographiques

juillet 2021, Perspectives in Behavioral Economics and the Economics of Behavior, Anglais
Elsevier
978-0-12-816032-9

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Autres titres de la collection: Perspectives in Behavioral Economics and the Economics of Behavior

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