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Avoiding the Worst Decisions: A Simulation and Experiment

Many practical decisions are more realistic concerning preventing bad decisions than seeking better ones. However, there has been no behavioral decision theory research on avoiding the worst decisions. This study is the first behavioral decision research on decision strategies from the perspective o...

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Principais autores: Kazuhisa Takemura, Yuki Tamari, Takashi Ideno
Formato: Artigo
Idioma:Inglês
Publicado em: MDPI AG 2023-02-01
coleção:Mathematics
Assuntos:
multi-attribute decision-making
decision strategy
worst decision
Mersenne Twister method
process tracing method
monitoring information acquisition
Acesso em linha:https://www.mdpi.com/2227-7390/11/5/1165
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