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It is not uncommon to be frustrated by the outcome of an election or a decision in voting, law, economics, engineering, and other fields. Does this 'bad' result reflect poor data or poorly informed voters? Or does the disturbing conclusion reflect the choice of the decision/election procedure? Nobel Laureate Kenneth Arrow's famed theorem has been interpreted to mean 'no decision procedure is without flaws'. Similarly, Nobel Laureate Amartya Sen dashes hope for individual liberties by showing their incompatibility with societal needs. This highly accessible book offers a new, different interpretation and resolution of Arrow's and Sen's theorems. Using simple mathematics, it shows that these negative conclusions arise because, in each case, some of their assumptions negate other crucial assumptions. Once this is understood, not only do the conclusions become expected, but a wide class of other phenomena can also be anticipated.
Social choice. --- Decision making. --- Elections. --- Decision Making. --- Decision making --- Business, Economy and Management --- Economics --- Mathematical models. --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving
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Décision, Prise de --- Decision making. --- Decision making --- Prise de décision --- Logiciels --- Computer programs --- DecisionTools. --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Decision tools
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Tough Decisions places readers in realistic composites of cases the authors have actually seen or managed where they must make tough medical decisions.
Medical ethics --- Clinical medicine --- Decision making --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Medicine, Clinical --- Medicine --- Moral and ethical aspects --- Clinical Medicine. --- Decision Making. --- Ethics, Medical. --- Moral and ethical aspects.
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In Decision Space: Multidimensional Utility Analysis, first published in 2001, Paul Weirich increases the power and versatility of utility analysis and in the process advances decision theory. Combining traditional and novel methods of option evaluation into one systematic method of analysis, multidimensional utility analysis is a valuable tool. It provides formulations of important decision principles, such as the principle to maximize expected utility; enriches decision theory in solving recalcitrant decision problems; and provides in particular for the cases in which an expert must make a decision for a group of people. The multiple dimensions of this analysis create a decision space broad enough to accommodate all factors affecting an option's utility. The book will be of interest to advanced students and professionals working in the subject of decision theory, as well as to economists and other social scientists.
Decision making. --- Utility analysis. --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Decision making --- Utility theory. --- Demand (Economic theory) --- Value --- Revealed preference theory --- Arts and Humanities --- Philosophy
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In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational decision making in economics, cognitive science, biology, and other fields largely ignore these real constraints and instead assume agents with perfect information and unlimited time. About forty years ago, Herbert Simon challenged this view with his notion of "bounded rationality." Today, bounded rationality has become a fashionable term used for disparate views of reasoning.This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an "adaptive toolbox," a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people's reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments.
Decision making --- Reasoning --- Argumentation --- Ratiocination --- Reason --- Thought and thinking --- Judgment (Logic) --- Logic --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- -Reasoning --- -153.43 --- Conferences - Meetings --- bedrijven, management --- besluitvorming --- 65.012.4 --- Business management, administration. Commercial organization --- Social Sciences --- Psychology --- COGNITIVE SCIENCES/Psychology/Cognitive Psychology --- COGNITIVE SCIENCES/General --- Decision making - Congresses. --- Reasoning - Congresses.
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This volume teaches readers how to improve their professional decision-making skills and enhance their ability to develop long-lasting interpersonal relationships with co-workers or clients. It covers a range of topics, including identifying taste and preferences, HRM, and risk and uncertainty.
Corporate culture. --- Decision making. --- Psychology, Industrial. --- Business psychology --- Industrial psychology --- Psychotechnics --- Culture, Corporate --- Institutional culture --- Organizational culture --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Decision making --- Industrial engineering --- Personnel management --- Psychology, Applied --- Industrial psychologists --- Corporations --- Organizational behavior --- Business anthropology --- Choice (Psychology) --- Problem solving --- Sociological aspects --- Corporate culture --- Psychology, Industrial
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Decision-making is a process of choosing from possible courses of action in order to attain goals and objectives. Nobel laureate Herbert Simon wrote that the whole process of managerial decision-making is synonymous with the practice of management. Decision-making is at the core of all managerial functions. Planning, for example, involves the following decisions: What should be done? When? How? Where? By whom? Other managerial functions, such as organizing, implementing, and controlling, rely heavily on decision-making. Decision by Objectives is an invaluable book about the art and sc
Decision making --- Management by objectives --- 658.012.4.011.1 --- Management --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management decisions --- Choice (Psychology) --- Problem solving --- Management by objectives. --- Decision making. --- #SBIB:021.IO --- #SBIB:316.334.2A551 --- #SBIB:35H302 --- #SBIB:35H412 --- Partijen en strategieën in de onderneming: ondernemingsbeleid en management --- Organisatieleer: processen --- Beleidscyclus: vaststelling, besluitvorming
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Detailed annual data for Fund member governments are supplied on revenue income by source (tax, lending, bonds, etc.), and expenditure by sector (defense, education, health, etc.) for all levels of government (national, state, local). Topics covered include deficit/surplus or total financing, revenues or grants, expenditures, lending minus repayments, domestic financing, foreign financing, domestic debt or total debt, and foreign debt. The Yearbook provides data on budgetary operations, extra-budgetary operations, social security, and consolidated financial operations of central governments. A section of the Government Finance Statistics Yearbook is devoted to a cross-country comparison of data.
Asset and liability management --- Econometrics & economic statistics --- Economic and financial statistics --- Economic statistics --- Economics --- Finance --- Finance: General --- General Financial Markets: General (includes Measurement and Data) --- Investment Decisions --- Liquidity --- Portfolio Choice --- Statistics
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