Influence of information on behavioral effects in decision processes

Article English OPEN
Angelarosa Longo; Viviana Ventre;
(2015)
  • Publisher: Accademia Piceno Aprutina dei Velati
  • Journal: Ratio Mathematica (issn: 1592-7415, eissn: 2282-8214)
  • Publisher copyright policies & self-archiving
  • Related identifiers: doi: 10.23755/rm.v28i1.26
  • Subject: Behavioral Operational Research, Intertemporal Choice, Information in Decision Processes | Mathematics | QA1-939 | Probabilities. Mathematical statistics | QA273-280

Rational models in decision processes are marked out by many anomalies, caused by behavioral issues. We point out the importance of information in causing inconsistent preferences in a decision process. In a single or multi agent decision process each mental model is in... View more
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