CLIFF DACSO
Biographic Data
| ID | 5522597 |
|---|---|
| NAME | CLIFF DACSO |
| GIVEN NAMES | CLIFF |
| FAMILY NAME | DACSO |
| SIGNATURE | DACSO C |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 8 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2010 |
| LATEST PUBLICATION YEAR | 2010 |
| H-INDEX | 1 |
What Makes a Good Decision? Robust Satisficing as a Normative Standard of Rational Decision Making
Most decisions in life involve ambiguity, where probabilities can not be meaningfully specified, as much as they involve probabilistic uncertainty. In such conditions, the aspiration to utility maximization may be self‐deceptive. We propose “robust satisficing” as an alternative to utility maximizing as the normative standard for rational decision making in such circumstances. Instead of seeking to maximize the expected value, or utility, of a de…
What Makes a Good Decision? Robust Satisficing as a Normative Standard of Rational Decision Making
Most decisions in life involve ambiguity, where probabilities can not be meaningfully specified, as much as they involve probabilistic uncertainty. In such conditions, the aspiration to utility maximization may be self‐deceptive. We propose “robust satisficing” as an alternative to utility maximizing as the normative standard for rational decision making in such circumstances. Instead of seeking to maximize the expected value, or utility, of a de…
What Makes a Good Decision? Robust Satisficing as a Normative Standard of Rational Decision Making
Most decisions in life involve ambiguity, where probabilities can not be meaningfully specified, as much as they involve probabilistic uncertainty. In such conditions, the aspiration to utility maximization may be self‐deceptive. We propose “robust satisficing” as an alternative to utility maximizing as the normative standard for rational decision making in such circumstances. Instead of seeking to maximize the expected value, or utility, of a de…
Ambiguity (1 works) · Artificial Intelligence (1 works) · Artificial Intelligence (1 works) · Computer Science (1 works) · Decision theory (1 works) · Decision-Making and Behavioral Economics (1 works) · Economics (1 works) · Expected utility hypothesis (1 works) · Health Systems, Economic Evaluations, Quality of Life (1 works) · Mathematical economics (1 works)