Conflict Resolution. Risk-As-Feelings Hypothesis
AbstractMathematical model of a goal-oriented thinking with feedback is described. Basic notions: decision graph, feed-back hierarchy and self-duality are introduced and explained. A source of the conflict in our approach is the ignorance about the importance of decision maker's goals. In contrast to Shar, Simonson & Tversky  and Deutsch  conflict resolution is modeled as a problem of finding a fixed point of a self-assessment operator, i.e. without adding or removing any decision element from decision hierarchy.
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Bibliographic InfoPaper provided by University of Siena in its series Labsi Experimental Economics Laboratory University of Siena with number 035.
Date of creation: Jan 2011
Date of revision:
multi-criteria decision making; duality; self-ranking; preference graph; potential method; risk-as-feeling model.;
Find related papers by JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D9 - Microeconomics - - Intertemporal Choice
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-16 (All new papers)
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