Arbeitspapier

Models of multi-attribute decision-making: implications for institutional analysis and design

Institutions are governance tools. They are useful only if they impact on behaviour: of citizens, and of those administering the legal system. Models of behaviour are therefore crucial for institutional analysis and design. In light of this, this paper draws lessons for institutional analysis and design resulting from the models of multi-attribute decision-making assembled in this special issue. That way, it contributes to assessing the external validity of these models with respect to one well-defined, and practically highly relevant, domain.

Language
Englisch

Bibliographic citation
Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2007,17

Classification
Wirtschaft
Subject
multi-attribute decision-making
recognition heuristic
parallel constraint satisfaction
sequential evidence accumulation
exemplars
external validity of behavioural models
standard of proof
jury decision-making
story telling model
Multikriteria-Verfahren
Entscheidung
Verhaltensökonomik
Institutionalismus
Theorie

Event
Geistige Schöpfung
(who)
Engel, Christoph
Event
Veröffentlichung
(who)
Max Planck Institute for Research on Collective Goods
(where)
Bonn
(when)
2007

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Engel, Christoph
  • Max Planck Institute for Research on Collective Goods

Time of origin

  • 2007

Other Objects (12)