Decision theory and choices [electronic resource] : a complexity approach / editors, Marisa Faggini [and] Concetto Paolo Vinci.

In economics agents are assumed to choose on the basis of rational calculations aimed at the maximization of their pleasure or profit. Formally, agents are said to manifest transitive and consistent preferences in attempting to maximize their utility in the presence of several constraints. They oper...

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Online Access:	Full Text (via Springer)
Other Authors:	Faggini, Marisa, Vinci, Concetto Paolo, Abatemarco, Antonio, Aiello, Rossella, Arecchi, F. T., Biggiero, Lucio, 1955-, Bimonte, Giovanna, Bruno, Sergio, 1941-, Chiarella, Carl, Di Gregorio, Maria Pia, Di Tollo, Giacomo, 1981-, Giansante, Simone, 1979-, Gil Aluja, Jaime, Khrennikov, A. I︠U︡. (Andreĭ I︠U︡rʹevich), 1958-, Lyra, Marianna, 1983-, Meucci, Riccardo, Monaco, Guglielmo, Nota, Giancarlo, Sordi, Serena, Terna, Pietro, Velupillai, Kumaraswamy, 1947-, Vercelli, Alessandro
Other title:	Coherence, complexity and creativity: the dynamics of decision making. Complexity theoretic bounded rationality and satisficing. Optimalisation and 'thoughtful conjecturing' as principles of analytical guidance in social desicion making. Agent based models: A new agent-based tool to build artificial worlds. Exploration modes and its impact on industry profitability. Financial fragility and interacting units: an exercise. Using homogeneous groupings in portfolio management. Elman nets for credit risk management. From chemical kinetics to models of acquisition of information: on the importance of the rate of acquisition of information. Thermodynamic-like approach to complexity of the financial market (in the light of the present financial crises) Physicist's approach to phase controlling chaotic economic models. Note on complaints and deprivation. Predictability of SOC systems. Technological extreme events. Ontology based risk management.
Format:	Electronic eBook
Language:	English
Published:	Milan : Springer Verlag Italia, 2010.
Series:	New economic windows.
Subjects:	Economics > Philosophy. Economics > Methodology. Economics > Sociological aspects. Economics > Psychological aspects. Econophysics. Risk. Economics > Statistical methods. Rational choice theory. Decision making > Psychological aspects. Decision making > Social aspects. Consumer behavior. Finance, Personal > Decision making. Financial risk management > Decision making.