Decision-Making Phenomenon and Behavioral Decision Theory

Kazuhisa Takemura
Additional contact information
Kazuhisa Takemura: Waseda University

Chapter Chapter 1 in Behavioral Decision Theory, 2021, pp 3-13 from Springer

Abstract: Abstract This chapter first presents the conceptual framework of the decision-making phenomenonDecision-making phenomenon, which is apparently almost universal among decision-making studies and which explains how decision-making under certaintyDecision-making under certainty, riskRisk, and uncertaintyUncertainty can be understood. Consequently, the way in which behavioral decision theoryBehavioral decision theory is positioned in the study of decision-makingDecision making and how it is related to other theories of decision-making are explained.

Keywords: Decision making; Behavioral decision theory; Risk; Uncertainty; Descriptive theory; Normative theory; Prescriptive theory (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-5453-4_1

Ordering information: This item can be ordered from
http://www.springer.com/9789811654534

DOI: 10.1007/978-981-16-5453-4_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().