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On the Structure, Stabilization and Accuracy of the Decision Process

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Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 248))

Abstract

For an improvement of human relations within and between nations a better understanding of interactive human decision making is needed. In economic research concerned with decision making there are two contrasting approaches: the classical theory of the absolute rational decision maker, who maximizes his utility function, and the behavior oriented theory of the limited rational decision maker, who searches for a satisfying alternative.

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Manfred Grauer Michael Thompson Andrzej P. Wierzbicki

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© 1985 Springer-Verlag Berlin Heidelberg

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Tietz, R. (1985). On the Structure, Stabilization and Accuracy of the Decision Process. In: Grauer, M., Thompson, M., Wierzbicki, A.P. (eds) Plural Rationality and Interactive Decision Processes. Lecture Notes in Economics and Mathematical Systems, vol 248. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-02432-4_10

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  • DOI: https://doi.org/10.1007/978-3-662-02432-4_10

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-15675-8

  • Online ISBN: 978-3-662-02432-4

  • eBook Packages: Springer Book Archive

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