economic theory. The main problem of traditional economy is that it has not taken seriously the need to explore the … themselves, have perniciously enter into microeconomics, macroeconomics and economic growth theory. And as a consequence we do … economic theory. The main purpose of this manuscript is to delineate the route towards the consolidation of such a new theory. …

1992 study "Advances in Prospect Theory”, which describes the Cumulative version of their Prospect Theory from 1979. It was … assumed that, apart from the operations made during the initial stage of problem resolution, which Prospect Theory defines as … (1952) and substitutes the fourfold pattern of risk attitudes introduced by Cumulative Prospect Theory. The results …

dependant on the context of the problem under consideration. The former assumption leads to the design of Prospect Theory, the … crucial arguments for the latter approach and provides strong arguments for rejecting the Prospect Theory paradigm. …

formalized with the concepts of the theory of games. Corporate strategies are balanced outcomes of four social games: capital …

This paper proposes and characterises two preference-based choice rules that allow the decision maker to choose nothing … first rule and weak preferences in the second. Each of them includes the corresponding utility-maximisation theory of …

The essay analyzes the decision process in economics and its relationship with the concept of rationality starting from … the theory of rational choice, that is, a systemic approach based on the formal axiomatic method applied mainly in the … to the standard economic theory in the definition of choices, indicating a systematic discrepancy between theory and …

1992 study "Advances in Prospect Theory”, which describes the Cumulative version of their Prospect Theory from 1979. It was … assumed that, apart from the operations made during the initial stage of problem resolution, which Prospect Theory defines as … (1952) and substitutes the fourfold pattern of risk attitudes introduced by Cumulative Prospect Theory. The results …