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Decision Economics, In Commemoration of the Birth Centennial of Herbert A. Simon 1916-2016 (Nobel Prize in Economics 1978) - Distributed Computing and Artificial Intelligence, 13th International Conference (Paperback, 1st ed. 2016)
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Decision Economics, In Commemoration of the Birth Centennial of Herbert A. Simon 1916-2016 (Nobel Prize in Economics 1978) - Distributed Computing and Artificial Intelligence, 13th International Conference (Paperback, 1st ed. 2016)
Series: Advances in Intelligent Systems and Computing, 475
Expected to ship within 10 - 15 working days
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The special session Decision Economics (DECON) 2016 is a scientific
forum by which to share ideas, projects, researches results, models
and experiences associated with the complexity of behavioral
decision processes aiming at explaining socio-economic phenomena.
DECON 2016 held in the University of Seville, Spain, as part of the
13th International Conference on Distributed Computing and
Artificial Intelligence (DCAI) 2016. In the tradition of Herbert A.
Simon's interdisciplinary legacy, this book dedicates itself to the
interdisciplinary study of decision-making in the recognition that
relevant decision-making takes place in a range of critical subject
areas and research fields, including economics, finance,
information systems, small and international business, management,
operations, and production. Decision-making issues are of crucial
importance in economics. Not surprisingly, the study of
decision-making has received a growing empirical research efforts
in the applied economic literature over the last sixty years. The
recognition of the oversimplification and limitations of subjective
expected utility theory has produced an extraordinary volume of
empirical research aimed at discovering how economic agents cope
with complexity. In the centenary of his birth, the international
scientific community acknowledges Herbert A. Simon's research
endeavors aimed to understand the processes involved in economic
decision-making and their implications for the advancement of
economic studies. Within the field of decision-making, Simon's
rejection of standard decision-making models of neoclassical
economics inspired social scientists worldwide to develop research
programs in order to study decision-making empirically. The main
achievements regarded decision-making for individual, firms,
markets, governments and institution. There are many scholars in
the world that claim that Herbert A. Simon has precipitated
something like a revolution in microeconomics focused on the
concept of decision-making. Among these scholars are the Editors of
this book who believe that very few scientists produce seminal work
in more than one field: Herbert A. Simon was one of them, that
caliber of genius.
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