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, secondly, the activities, network structure, and interactions in the innovation and production system. The authors discuss ins …
Persistent link: https://www.econbiz.de/10011422415
, secondly, the activities, network structure, and interactions in the innovation & production system. The authors discuss ins …
Persistent link: https://www.econbiz.de/10011279531
, secondly, the activities, network structure, and interactions in the innovation and production system. The authors discuss ins …
Persistent link: https://www.econbiz.de/10011422829
We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …
Persistent link: https://www.econbiz.de/10014578322
to be better educated and trained in how to approach decision making under uncertainty. If these quantitatively trained … players, playing the simplest game we can think of involving uncertainty and favourable odds, didn't play well, what hope is …
Persistent link: https://www.econbiz.de/10012980760
We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …
Persistent link: https://www.econbiz.de/10014556632
If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question … theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …
Persistent link: https://www.econbiz.de/10012159880
Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under …
Persistent link: https://www.econbiz.de/10012520657
If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question … theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …
Persistent link: https://www.econbiz.de/10011990913
We study the influence of reason and intuition on decision making over time. Facing a sequence of similar problems …, agents can either decide rationally according to expected utility theory or intuitively according to case-based decision …
Persistent link: https://www.econbiz.de/10010464891