Why Is It Worth It to Expand Your Set of Objectives? Impacts from Behavioral Decision Analysis in Action

Author(s):  
Valentina Ferretti
1989 ◽  
Vol 1 (1) ◽  
pp. 69-89 ◽  
Author(s):  
Elizabeth J. Costello

AbstractThe development of vulnerability to depression is examined from the point of view of one area of cognitive and affective functioning, the processing of information about the future. Drawing on research into how people make choices in an uncertain world, this article reviews how depression affects people's judgments about the relative utility, or subjective value, of different outcomes, and about the relative probability of those outcomes. A developmental model is proposed which suggests that children learn that some people are willing to incorporate into their own utility ordering for different outcomes the utility structure of the child–that is, to care about the child. The role of lack of perceived care in the development of depression is reviewed, and suggestions are made for applications of decision analytic methods to some critical questions concerning the role played by judgments about the future in the development of vulnerability to depression.


2012 ◽  
Vol 37 (1) ◽  
pp. 3-8 ◽  
Author(s):  
Luiz Flavio Autran Monteiro Gomes ◽  
Xavier Ignacio González

Abstract.This short communication reviews the role of the TODIM method within behavioral decision theory and presents its genesis. Two important aspects of the method such as generalizing that method towards cumulative prospect theory and the choice of a reference point are further clarified.


2007 ◽  
Vol 177 (4S) ◽  
pp. 29-30
Author(s):  
Richard Lee ◽  
Mark A. Callahan ◽  
Glen Schattman ◽  
Philip S. Li ◽  
Marc Goldstein ◽  
...  

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