Showing 1 - 9 of 9
This article introduces the cascaded individual model of Post-keynesian economics. This differs from the representative agent model of the old-keynesian model mathematically and methodologically. The model builds from five assumptions containing original concepts: cascaded individuals, a social...
Persistent link: https://www.econbiz.de/10011025946
Sacred values differ from material or instrumental values in that they incorporate moral beliefs that drive action in ways dissociated from prospects for success. Across the world, people believe that devotion to essential or core values – such as the welfare of their family and country, or...
Persistent link: https://www.econbiz.de/10008792893
The behavioral tradition has largely anchored on Simon's early conception of bounded rationality, it is important to engage more explicitly cognitive approaches particularly ones that might link to the issue of identifying novel competitive positions. The purpose of the study is to describe the...
Persistent link: https://www.econbiz.de/10010820571
Background : Seasonal influenza concerns the worldwide population every year, whilst pandemic influenza is an unpredictable threat. Due to an important socioeconomic impact, mitigation measures must be specified. Governments elaborate vaccination policy based on scientific evidence. However,...
Persistent link: https://www.econbiz.de/10010821208
The Type Indeterminacy model is a theoretical framework that uses some elements of quantum formalism to model the constructive preference perspective suggested by Kahneman and Tversky. In a dynamic decision context type indeterminacy induces a game with multiple selves associated with a state...
Persistent link: https://www.econbiz.de/10010738965
In this paper we extend Savage's theory of decision-making under uncertainty from a classical environment into a non-classical one. We formulate the corresponding axioms and provide representation theorems for qualitative measures and expected utility. We also propose an application in simple...
Persistent link: https://www.econbiz.de/10010739077
The collective model assumes that decisions taken inside the family are Pareto optimal. However, empirical studies cast doubts upon the efficiency assumption, especially on the production side of household decision making. In this paper, we present a model of household behavior including a...
Persistent link: https://www.econbiz.de/10010635254
Crisis management theory and practice was in the main elaborated in the late 70s and 80s and developed and implemented in the 90s. We now have a rich knowledge of crisis intelligence and best practices. But, even if we can be proud of that advance, a further challenge remains: crises in the 21st...
Persistent link: https://www.econbiz.de/10008794129
Increasing concerns about environmental and social impacts have made multicriteria analysis (MCA) increasingly popular in decision making processes. The present paper proposes a new methodology which allows taking into account multicriteria aspects, stakeholder's preferences and long time...
Persistent link: https://www.econbiz.de/10010821438