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Behavioral Decision Theories that Explain Decision-Making Processes

In: Behavioral Decision Theory

Author

Listed:
  • Kazuhisa Takemura

    (Waseda University)

Abstract

This article will explain various behavioral decision theoriesBehavioral decision theory related to decision-making processesDecision-making process. As explained last time, decision strategies for decision-making take numerous forms. The selection of decision strategies is affected by such condition factors as the number of alternativesAlternatives and the number of attributesAttribute. Numerous models have been proposed to explain the psychological processes related to such a selection of decision strategies. This chapter will introduce some models that are useful to explain decision-making processesDecision-making process.

Suggested Citation

  • Kazuhisa Takemura, 2021. "Behavioral Decision Theories that Explain Decision-Making Processes," Springer Books, in: Behavioral Decision Theory, edition 2, chapter 0, pages 175-191, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-5453-4_13
    DOI: 10.1007/978-981-16-5453-4_13
    as

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