The theory of decision making.

作者: Ward Edwards

DOI: 10.1037/H0053870

关键词: Rational behaviorActuarial scienceSocial psychologyTransitive relationPsycINFOOrder (exchange)

摘要: This literature review of decision making (how people make choices among desirable alternatives), culled from the disciplines psychology, economics, and mathematics, covers theory riskless choices, application to welfare risky transitivity games statistical functions. The theories surveyed assume rational behavior: individuals have transitive preferences (“… if A is preferred B, B C, then C.”), choosing alternatives in order “… maximize utility or expected utility.” 209-item bibliography. (PsycINFO Database Record (c) 2006 APA, all rights reserved)

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