ANALYSIS OF THE REASONING LOGIC VIOLATION IN DECISION MAKING

Oleg Uzhga-Rebrovs

Abstract


This study deals with reasoning logic in decision making. Three major classes of decision making theories are outlined Possible situations in which preference misrepresentation might take place are analyzed. The reasons for the violation of reasoning logic œe examined andpossibilities of overcoming it are considered.

Keywords


decision making; choice situation; preferences; reasoning logic

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References


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Sarin R.K. (1996). Now for Generalized Utility Theory. Utility Theories: Measurements and Applications. Kluwer Academic Publishers, Boston/ Dordrecht/ London, pp. 137 - 164.

Užga-Rebrovs О. (2000). Komerclēmumu analīze. - Rēzekne: RA, 175 lpp. (to be published).

Von Neumann J. and Morgenstem O. (1953). Theory of Games and Economic Behavior (3rd ed.), Wiley, New York.




DOI: http://dx.doi.org/10.17770/etr2001vol1.1962

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