Decision Theory and Choices: a Complexity Approach (Record no. 113178)

000 -LEADER
fixed length control field 04019nam a22004935i 4500
001 - CONTROL NUMBER
control field 978-88-470-1778-8
003 - CONTROL NUMBER IDENTIFIER
control field DE-He213
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20140220084555.0
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
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fixed length control field 101226s2010 it | s |||| 0|eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9788847017788
-- 978-88-470-1778-8
024 7# - OTHER STANDARD IDENTIFIER
Standard number or code 10.1007/978-88-470-1778-8
Source of number or code doi
050 #4 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HB144
050 #4 - LIBRARY OF CONGRESS CALL NUMBER
Classification number QA269-272
072 #7 - SUBJECT CATEGORY CODE
Subject category code PBUD
Source bicssc
072 #7 - SUBJECT CATEGORY CODE
Subject category code MAT011000
Source bisacsh
072 #7 - SUBJECT CATEGORY CODE
Subject category code BUS069030
Source bisacsh
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 519
Edition number 23
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Faggini, Marisa.
Relator term editor.
245 10 - TITLE STATEMENT
Title Decision Theory and Choices: a Complexity Approach
Medium [electronic resource] /
Statement of responsibility, etc edited by Marisa Faggini, Concetto Paolo Vinci.
264 #1 -
-- Milano :
-- Springer Milan :
-- Imprint: Springer,
-- 2010.
300 ## - PHYSICAL DESCRIPTION
Extent X, 240 p.
Other physical details online resource.
336 ## -
-- text
-- txt
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-- computer
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-- rdamedia
338 ## -
-- online resource
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-- rdacarrier
347 ## -
-- text file
-- PDF
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490 1# - SERIES STATEMENT
Series statement New Economic Windows,
International Standard Serial Number 2039-411X
505 0# - FORMATTED CONTENTS NOTE
Formatted contents note General Issues -- Coherence, Complexity and Creativity: the Dynamics of Decision Making -- Complexity Theoretic Bounded Rationality and Satisficing -- Optimisation and “Thoughtful Conjecturing” as Principles of Analytical Guidance in Social Decision Making -- Agent Based Models -- A New Agent-based Tool to Build Artificial Worlds -- Exploration Modes and Its Impact on Industry Profitability -- Financial Fragility and Interacting Units: an Exercise -- Techniques and Tools -- Using Homogeneous Groupings in Portfolio Management -- Elman Nets for Credit Risk Assessment -- Modeling from Physics -- From Chemical Kinetics to Models of Acquisition of Information: On the Importance of the Rate of Acquisition of Information -- Thermodynamic-like Approach to Complexity of the Financial Market (in the Light of the Present Financial Crises) -- A Physicist’s Approach to Phase Controlling Chaotic Economic Models -- Related Issues -- A Note on Complaints and Deprivation -- Predictability of SOC Systems. Technological Extreme Events -- Ontology Based Risk Management.
520 ## - SUMMARY, ETC.
Summary, etc In economics agents are assumed to choose on the basis of rational calculations aimed at the maximization of their pleasure or profit. Formally, agents are said to manifest transitive and consistent preferences in attempting to maximize their utility in the presence of several constraints. They operate according to the choice imperative: given a set of alternatives, choose the best. This imperative works well in a static and simplistic framework, but it may fail or vary when 'the best' is changing continuously. This approach has been questioned by a descriptive approach that springing from the complexity theory tries to give a scientific basis to the way in which individuals really choose, showing that those models of human nature is routinely falsified by experiments since people are neither selfish nor rational. Thus inductive rules of thumb are usually implemented in order to make decisions in the presence of incomplete and heterogeneous information sets; errors and biases are the natural counterpart of learning and adapting processes. The papers collected in this volume show that economic agents, individual or aggregate, do not conform to standard economic models, highlighting how a different framework – complexity theory - could help to explain and understand the choice and decision process of economic agent.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Mathematics.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Economics.
650 14 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Mathematics.
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Game Theory, Economics, Social and Behav. Sciences.
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Complex Networks.
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Economic Systems.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Vinci, Concetto Paolo.
Relator term editor.
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element SpringerLink (Online service)
773 0# - HOST ITEM ENTRY
Title Springer eBooks
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Display text Printed edition:
International Standard Book Number 9788847017771
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title New Economic Windows,
-- 2039-411X
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://dx.doi.org/10.1007/978-88-470-1778-8
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