Decision-making in Economic Theory

@proceedings{7687,
   author = {Máče, Jan and Zeman, David},
   booktitle = {Education in the Modern European Enviroment},
   keywords = {theory of rational decision-making, heuristic method, cognitive psychology, decision making under uncertainty, the Allais paradox, prospect theory},
   language = {eng},
   isbn = {978-953-7210-55-7},
   title = {Decision-making in Economic Theory},
   year = {2012}
}

TY  - CONF
ID  - 7687
AU  - Máče, Jan - Zeman, David
PY  - 2012
TI  - Decision-making in Economic Theory
SN  - 9789537210557
KW  - theory of rational decision-making, heuristic method, cognitive psychology, decision making under uncertainty, the Allais paradox, prospect theory
N2  - The basis of economic decision-making processes are always individual entities. Traditional economic science assumes that individual actors behave rationally and have only one aim in their decision-making, which is to maximize expected utility. The authors of modern economic theory, however, have come to realize that the decision-making of economic agents is a much more complicated process, which includes psychological factors. The basis of economic decision-making processes are always individual entities. Traditional The basis of economic decision-making processes are always individual entities. Traditional The basis of economic decision-making processes are always individual entities. Traditional economic science assumes that individual actors behave rationally and have only one aim in their decision-making, which is to maximize expected utility. The authors of modern economic theory, however, have come to realize that the decision-making of economic agents is a much more complicated process, which includes psychological factors.
ER  - 

MÁČE, Jan and David ZEMAN. Decision-making in Economic Theory. In \textit{Education in the Modern European Enviroment}. 2012. ISBN~978-953-7210-55-7.