4 Decision-making theories From philosophy to neuroscience
Where two opposing theories predict exactly the same consequences, the simpler one is better (Ockham’s Razor Principle)
The literature on decision-making is extensive and sometimes challenging as it brings different scientific disciplines together, including philosophy, sociology, economics, psychology, mathematics, management, economics, political science and history. Based on the historical method, the study of decision-making theories is divided into three periods: until the 20th century, decision-making was studied in the non-economic sciences; in the 20th century, in the economic and social sciences; and nowadays, it is studied in the neuro- ...
Get Ethical Decision-Making in Management now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
