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Conclusions and Discussion for Future Research

  • Evangelos Triantaphyllou
Part of the Applied Optimization book series (APOP, volume 44)

Abstract

It is widely accepted today that people do not always behave the way the well studied normative theories say they ought to behave (see, for instance, [Allais and Hagen, 1979], [Bell, et al., 1988], [Ellsberg, 1961], and Raiffa [1984]. Many decision theories (especially game theories) assume that the decision makers are always perfectly rational. Too often, however, important decisions are based on non-scientific clues (see, for instance, [Kadane and Larkey, 1982a; 1982b; and 1983], [McMillan, 1992], [Neale and Bazerman, 1991], [Raiffa, 1982], and [Sebenius, 1992].

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Copyright information

© Springer Science+Business Media Dordrecht 2000

Authors and Affiliations

  • Evangelos Triantaphyllou
    • 1
  1. 1.Department of Industrial and Manufacturing Systems Engineering, College of EngineeringLouisiana State UniversityBaton RougeUSA

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