The Role of Recognition on the Decision-Making Process Cover Image

Atpažinimo vaidmuo sprendimų priėmimo procese
The Role of Recognition on the Decision-Making Process

Author(s): Solveiga Skunčikienė, Andrius Rakickas, Rasa Balvočiūtė
Subject(s): Social Sciences
Published by: VšĮ Šiaulių universiteto leidykla
Keywords: Recognition; heuristic recognition; decision-making process; experimental economics.

Summary/Abstract: An article describes the role of experimental economics in decision-making process. The analysis is presented in order to explain following issues: are investment decisions for role recognition that based on quantitative information is treated by a decision maker differently comparing to other information sources. The described model is enabling participators in experimental research to use the information in various research circumstances. That’s why that model could be applied as an adaptive instrument for research about the decision-making process.

  • Issue Year: 2006
  • Issue No: 8
  • Page Range: 14-21
  • Page Count: 8
  • Language: Lithuanian