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Dreadful Events

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Dreadful Events
Author(s)Ackerman, Frank; Heinzerling, Lisa
AbstractThis article discusses and refutes computational frameworks as useful in understanding decision making. Rarely do individuals engage in the numerical comparisons that are assumed in these models, and the authors wish to highlight that decision-making proceeds differently among individuals, even when seemingly comparable values are being weighed. Acknowledgement of values, personal preference, and a variety of individual variations nullify models based on rational actors deciding between numerical assignments of choices.
IssueNo
Pages123-152
ArticleAccess to Article
SourcePriceless: On Knowing the Price of Everything and the Value of Nothing
VolumeNo
PubDate2004
ISBN_ISSN1-56584-850-0
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Methods

  • Measurement – Application
  • Models and Computational Approaches


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