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Written in an informal way, this book is addressed to philosophers or cognitive scientists curious of how economics deals with cognition and to graduate students in economics eager to discover how economics evolves. It aims at extending the framework of game theory in order to better fit with...
Persistent link: https://www.econbiz.de/10013520755
Ökonomie und Natur haben mehr gemein, als man auf den ersten Blick vermuten möchte: In beiden Systemen spielen Prinzipien wie Wettbewerb, Organisation, Kooperation, Kundenansprache und Ressourcenmanagement gleichermaßen eine bedeutende Rolle. Die Beiträge in dem Buch zeigen in anschaulicher...
Persistent link: https://www.econbiz.de/10014425096
The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models …The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models … utility maximization within a context-dependent threshold as well as related preference and choice models. The second edition …
Persistent link: https://www.econbiz.de/10013520742
The purpose of this book is to introduce the field of bioinformatics to financial modelling. It focuses on the way information informs price, and constructs a framework to explain information generation and the agglomeration process, enabling the reader to make more effective financial...
Persistent link: https://www.econbiz.de/10012054007
) -- 7 Determining Optimization-Risk Profiles for Individual Decision Makers (Stephen J. Guastello and Anthony F. Peressini … the decision makers. Additional nonlinear dynamical processes are examined with regard to persistence and antipersistence …
Persistent link: https://www.econbiz.de/10014018369
Lebenszyklusfonds sind eine der bedeutendsten Finanzinnovationen der letzten Jahre im Hinblick auf die private und betriebliche Altersvorsorge. Bei diesen wird bis zu einem gewissen Zieldatum - in etwa das Renteneintrittsdatum des Anlegers - die Aktienquote und damit das Risiko reduziert....
Persistent link: https://www.econbiz.de/10012401881
Preface -- 1 Introduction -- 2 Decision Theory Elements -- 3 Utility Function -- 4 State-Contingent Outcome and … Preference -- 5 Preferences and Subjective Probabilities -- 6 Formulation of the Decision Problem -- 7 Connections Between Input …The book provides a short review of the classical approach to planning and decision making under uncertainty. It …
Persistent link: https://www.econbiz.de/10014425368
, particularly if a driver’s decision-making process is considered. Various dilemmas involve complex structures that depend primarily …
Persistent link: https://www.econbiz.de/10012396950
Chapter 1 Introduction -- Chapter 2 Basic theory of In 2 × 2 games (1 Non-linear dynamical system, 2 2×2 games, 3 Multi-players games) -- Chapter 3 Network reciprocity (1 Five fundamental mechanism to add social viscosity, 2 Substantial mechanism of network reciprocity, 3 Discrete, mixed and...
Persistent link: https://www.econbiz.de/10014018062
, possibly non-expected utility preferences in such an evolutionary setup. In particular, we demonstrate that preferences which … diverge from von Neumann-Morgenstern expected utility may potentially prove to be successful under evolutionary pressures. … governs the evolution of preferences. Literature usually considers a class of preferences which admit an expected utility …
Persistent link: https://www.econbiz.de/10013520896