Tag Search Results: decision making + choice
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NEWS
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PUBLICATIONS
  • Consumer Wisdom: A Theoretical Framework of Five Integrated Facets (2018)

    We establish a parsimonious theoretical framework of consumer wisdom based on five mutually reinforcing psychological facets. Our research draws from wisdom literature and a set of 31 phenomenological interviews with informants who were identified through a multi-stage nomination process. The five facets...
    (My publication) Posted by: mluchs
  • Towards Formalizing the Observed Behavior of Choice (2008)

    Abstract: Formulating the problem of compound lotteries, which marks the origination of expected utility theory (EUT), has generated a stream of formal work in the field of economics decision making. Where subjective EUT determines the rational choice, exploring the process of choice and observed use...
    (My publication) Posted by: smousavi
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