Factors Affecting the Individual Decision Making: a Case Study of Islamabad Stock Exchange

2016 ◽  
Keyword(s):  
Decision Making ◽  
Stock Exchange ◽  
Individual Decision ◽  
Individual Decision Making ◽  
Factors Affecting ◽  
The Individual

Assumptions of Rationality and Non-Rationality in Models of the International System

1961 ◽  
Vol 14 (1) ◽  
pp. 93-117 ◽  
Author(s):  
Sidney Verba
Keyword(s):  
Decision Making ◽  
International Relations ◽  
International System ◽  
Individual Decision ◽  
Individual Decision Making ◽  
Nation States ◽  
Simplifying Assumptions ◽  
Explicit Consideration ◽  
The Individual ◽  
The Impact

It is a truism that all action within the international system can be reduced to the action of individuals. It is also true, however, that international relations cannot be adequately understood in terms of individual attitudes and behaviors. Models of the international system usually deal with larger units, nation-states, as prime actors. To what extent can such models give us adequate explanations of international relations without some built-in variables to deal with individual decision-making?It may be that some processes in international relations can be adequately explained on the level of social structure without explicit consideration of the personality, predispositions, attitudes, and behavior of the individual decision-maker. In that case, the introduction of variables dealing with individual behavior would complicate the model without commensurate payoff in terms of increased understanding and prediction. This would be true if the impact of individual decision-making on the behavior of nations in their relations with other nations were slight, or if the impact varied randomly (because, for instance, of idiosyncratic factors) among the population of international events that one was trying to explain. If, on the other hand, models of the international system that either ignore or make grossly simplifying assumptions about individual decision-making can explain international relations only very imperfectly, it may well be worth the additional effort to build variables about individual decision-making into them.

Emotional experience and personality traits influence individual and joint risk-based decision making

2017 ◽  
Vol 45 (6) ◽  
pp. 881-892 ◽  
Author(s):  
Xin Wang ◽  
Yu Pan ◽  
Kecheng Zhang ◽  
Yujia Sui ◽  
Tingjie Lv ◽  
...  
Keyword(s):  
Decision Making ◽  
Personality Traits ◽  
Big Five ◽  
Emotional Experience ◽  
Big Five Personality Traits ◽  
Big Five Personality ◽  
Individual Decision ◽  
Joint Decision ◽  
Individual Decision Making ◽  
The Individual

We compared individual and joint risk-based decision making using the Balloon Analogue Risk Task, with a focus on participants' (160 Chinese men) emotional experience during decision making and their Big Five personality traits as measured by the NEO Five-Factor Inventory. We found that, compared with the individual decision-making process, making a joint decision led to reduced risk taking and increased earnings, and brought a greater sense of control, stronger feelings of achievement and happiness, and a reduced sense of regret for the participants. The Big Five personality traits of the participants were related to their risk-based decision making; participants tended to act differently according to their personality traits during individual and joint decision making. Our findings show that, compared with individual decision making, joint decision making has many advantages.

scholarly journals DYNAMICAL SYSTEM MODEL OF DECISION MAKING AND PROPAGATION

2015 ◽  
Vol 23 (03) ◽  
pp. 339-353 ◽  
Author(s):  
J. DEMONGEOT ◽  
V. VOLPERT
Keyword(s):  
Dynamical System ◽  
Decision Making ◽  
Public Opinion ◽  
System Model ◽  
Individual Decision ◽  
Individual Decision Making ◽  
Other Information ◽  
The Individual

Individual decision making is described as a bistable dynamical system. It can be influenced by the environment represented by other individuals, public opinion, all kinds of visual, oral and other information. We will study how the interaction of the individual decision making with the environment results in various patterns of decision making in the society.

scholarly journals Getting married in times of COVID-19 : Structure, agency, and individual decision making

Intersections ◽  
2021 ◽  
Vol 7 (3) ◽  
pp. 259-278
Author(s):  
Judit Flóra Balatonyi
Keyword(s):  
Decision Making ◽  
Structural Constraints ◽  
Individual Decision ◽  
Individual Decision Making ◽  
Social Actors ◽  
The Face ◽  
Legal Structures ◽  
Decision Making Processes ◽  
The One ◽  
The Individual

Based on my digital anthropological research (nethnography, online surveys, and in-depth interviews) this paper will examine the individual decision-making processes and choices related to getting married during times of COVID-19 in Hungary. The paper raises questions about the extent to which these choices and decisions were individual and reflexive, and how they were influenced or restricted by legal structures and contexts. Using classical and contemporary social theories about decision-making (structuralist and reflexive approaches), on the one hand I aim to explore the structural and contextual circumstances of making decisions about whether to go ahead with, hold-off, modify, postpone, or cancel wedding plans. On the other hand, I study the individual ‘decision horizons’ as well. Through examining discourses surrounding weddings as well as through case studies, I look at how social actors identify and perceive their options and how they perceive and interpret the related structural constraints, contexts, and rules. The results emphasize that despite – or rather in the face of – changing circumstances, many couples sought new opportunities and new means of adapting, but in the meantime they recognized and interpreted the structural constraints that could potentially influence their weddings, maneuvered between them, or just overcame or circumvented them, and at other times sought to create new structures through their individual and community practices.

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