Conclusions and Discussion for Future Research
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 . 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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