Skip to main content

Decision Economics: In the Tradition of Herbert A. Simon's Heritage

Distributed Computing and Artificial Intelligence, 14th International Conference

  • Conference proceedings
  • © 2018

Overview

  • Presents the latest research on Decision Economics, Distributed Computing and Artificial Intelligence
  • Includes the outcomes of the 14th International Symposium on Distributed Computing and Artificial Intelligence 2017 (DCAI 2017) held in Porto, Portugal during 21–23 June 2017
  • In commemoration of the Birth Centennial of Herbert A. Simon 1916–2016 (Nobel Prize in Economics 1978)
  • Includes supplementary material: sn.pub/extras

Part of the book series: Advances in Intelligent Systems and Computing (AISC, volume 618)

Included in the following conference series:

Conference proceedings info: DCAI 2017.

This is a preview of subscription content, log in via an institution to check access.

Access this book

Subscribe and save

Springer+ Basic
$34.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

About this book

The special session on Decision Economics (DECON) is a scientific forum held annually and intended to share ideas, projects, research results, models and experiences associated with the complexity of behavioural decision processes and socio‐economic phenomena. DECON 2017 was held at the Polytechnic of Porto, ISEP, Portugal, as part of the 14th International Conference on Distributed Computing and Artificial Intelligence.

 For the second consecutive year, the Editors of this book have drawn inspiration from Herbert A. Simon’s immense body of work and argue that Simon precipitated something akin to a revolution in microeconomics focused on the concept of decision‐making. Further, it is worth noting that the recognition of 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. Therefore, decision‐making issues are of fundamental importance in all branches of economics addressed both deductively and inductively. 

Not surprisingly, the study of decision‐making has seen growing empirical research efforts in the economic literature over the last sixty years and, more recently, a variety of insightful cutting‐edge experimental, behavioural and computational approaches. Additionally, the awareness regarding generalizations and reductions to express economic concepts has led, on the one hand, to an increasing risk of spreading the language of mathematics as a rhetorical tool and, on the other hand, to an oversimplification and overlooking of some crucial details, especially when it comes to human decisions and, hence, economic behaviour. That awareness, however, has helped toproduce an extraordinary volume of empirical research aimed at discovering how economic agents cope with complex decisions. 

In this sense, the international scientific community acknowledges Herbert A. Simon’s research endeavours to understand the processes involved in economic decision‐making and their implications for the advancement of economic professions. Within the field of decision‐making, indeed, Simon’s rejection of the standard decision‐making models used in neoclassical economics inspired social scientists worldwide to develop research programmes in order to study decision‐making empirically. The main achievements concern decision‐making for individuals, firms, markets, governments, institutions, and, last but not least, science and research.



Similar content being viewed by others

Keywords

Table of contents (16 papers)

Other volumes

  1. Decision Economics: In the Tradition of Herbert A. Simon's Heritage

  2. Distributed Computing and Artificial Intelligence, 14th International Conference

Editors and Affiliations

  • Department of Philosophical, Pedagogical, and Economic-Quantitative Sciences, Section of Economics and Quantitative Methods, University of Chieti-Pescara, Pescara, Italy

    Edgardo Bucciarelli

  • Department of Economics, National Chengchi University, Taipei, Taiwan

    Shu-Heng Chen

  • Departamento de Informática y Automática, Universidad de Salamanca, Salamanca, Spain

    Juan M. Corchado

Bibliographic Information

Publish with us