The decision-making process

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Chapter 3 in Decisions, Preferences, and Heuristics, 2023, pp 54-66 from Edward Elgar Publishing

Abstract: This chapter explains the difference between problem-solving and decision-making. The key concepts of decision analysis are defined, with special attention to the concepts of preference, heuristics, and algorithms.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2023
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