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2015 | 1(8) | 43-70

Article title

Decyzje w obliczu „niepewnych ryzyk” – rola heurystyk i nurtu racjonalności adaptacyjnej

Selected contents from this journal

Title variants

EN
Decisions Under Unknown Risks – the Role of Heuristics and Ecological Rationality

Languages of publication

PL

Abstracts

EN
Heuristics used in financial decision process in polish and international papers are commonly linked to intuitive, automatic, habitual and consequently to irrational decisions. As presented in the paper, heuristics may become a very optimal decision strategy, especially from the decision’s environmental perspective. It is postulated to normalize this approach as ecological rationality in decision making theory. The aim of the paper is to present theoretical and practical arguments which support the following thesis: In the context of financialisation and financial development, heuristic approach to decision making may become the leading and optimal decision strategy. It is essential due to fact that heuristics have a high predictive and explanatory effectiveness as well as the number of practical applications.

Year

Issue

Pages

43-70

Physical description

Contributors

  • Uniwersytet Rzeszowski

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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-27820e6d-444c-4983-b7d0-a078deb63d0e
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