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Dynamic Decision Behavior

Dirk Helbing ()
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Dirk Helbing: ETH Zurich, Swiss Federal Institute of Technology

Chapter Chapter 2 in Quantitative Sociodynamics, 2010, pp 17-45 from Springer

Abstract: Abstract Decision theory is a central field in the socio-economic sciences, as decisions determine a major part of human interactions. Therefore, decision theory is essential for the deductive derivation and microscopic understanding of the macroscopic phenomena observed in society and economics, such as

Keywords: Transition Rate; Boltzmann Equation; Decision Theory; Occurrence Probability; Multinomial Logit Model (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-11546-2_2

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DOI: 10.1007/978-3-642-11546-2_2

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