Decision Making and Economics

12manage is looking for students. Info
			
			              Decision-making and Valuation > Forum > Decision Making and Economics
			            
				              Decision Making and Economics

			                Bhuvana Sunil
What is the link between traditional economics and decision making sciences?
			            
			                  			Link Between Economy and Decision Making Sciences

															GS RADJOU, CEO, France, Member
There are lots of ways to decide. Some of us drop dices...

1 - Positive economics: For example take smoking cigarettes. During an economical crisis citizens smoke more because of the stress of the situation: there is a clear statistical link between unemployment and added tobacco consumption of users.

2 - Normative economics: It is about judgement. A policy to put a tax on tobacco may not be efficient for certain segments of societies.
			                  		
			            React to this discussion topic? Sign up for free

											Your first visit to 12manage?

											12manage is a global knowledge platform for managers, consultants, teachers, academics and students about management. To use all functions of 12manage, a (free) membership and login is required. Would you like to keep on developing yourself in management? Sign up for free. 

	                            Decision-making and Valuation
	                          
	                                ForumIndividual vs Organizational DM
Decision Making and Economics
Being Afraid of Making Decisions
Making no Decision at All
Avoid Hasty Decision-making
What is Institutional Theory?
Reasoning in Decision Making
The Role of Religion in Decision Making
Apps for Decision-making
Differences in Decision-making in Nonprofit Organizations in Developed and Developing Countries

												              Best Practices
												            
		                          	Gut Feeling / Intuition in Decision-making
Looking for old values video
Decision-making According to Peter Drucker
The Role of Optimism in Decision-Making
Decision-making Reviews?
Decision Making Process not Only for Managers
5 Steps to Learn from your Mistakes
Improving the Decision-making by Managers: Choice Architecture
Conscious and Unconscious Decision-making
The Role of Opinions in Decision-making
Avoid 3 Common Decision-traps
How to Choose the Appropriate Decision-making Method
What Makes a Manager Into a Good Decision-maker? 10 Traits for Decision Making
Decision-making and Valuation
Next Topic