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International Studies in Phenomenology and Philosophy

Book | Chapter

195254

Modelling the process of deciding in real world problems

Athena Marouda-ChatjoulisPatrick Humphreys

pp. 141-146

Abstract

Initially, modelling of the decision process was based on the comparison and the establishment of the preference ordering of the various options of a decision problem in terms of utilities and values (Keeney & Raiffa, 1976; von Winterfeldt and Edwards, 1986). This approach was soon questioned by a number of researchers (Berkeley and Humphreys, 1982; Christensen-Szalanski, 1984), since it relied on the assumptions that the decision making task can be represented in only one correct way, and that the model used constrains the answers to the decision task. This criticism was also supported by a number of studies on intuitive decision making in laboratory experiments, as well as in experiments on real problems in which a normative model has been followed (Tversky & Kahnemann, 1974; Vari et al., 1978). It was found that in structuring "real-life problems", the personal factors of the problem owner, as well as the social constrains relevant to the problem situation, are very determinative and allow for the consideration of the differences between people in handling a decision problem (Humphreys and Berkeley, 1982; Larichev, 1982; Marouda-Chatjoulis, 1995).

Publication details

Published in:

Stowell Frank A, Ison Ray, Armson Rosalind, Holloway Jacky, Jackson Sue (1997) Systems for sustainability: people, organizations, and environments. Dordrecht, Springer.

Pages: 141-146

DOI: 10.1007/978-1-4899-0265-8_25

Full citation:

Marouda-Chatjoulis Athena, Humphreys Patrick (1997) „Modelling the process of deciding in real world problems“, In: F.A. Stowell, R. Ison, R. Armson, J. Holloway & S. Jackson (eds.), Systems for sustainability, Dordrecht, Springer, 141–146.