DECISION THEORY AND SUSTAINABILITY IN THE ECONOMIC CHOICE – IMPACT OF EVOLUTIONISM
DINGA Emil, Centre for Financial and Monetary Research „Victor Slăvescu” of Romanian Academy
Abstract:
The paper aims to question the required decision theory concept, structure, and mechanism under the current challenges of optimality model of rationality crepuscule, sustainability model of rationality emergence, and evolutionism extending from the biological species to the symbolic ones (as decision theory is). To this end, the three symbolic species are logically described based on their sufficiency predicates, then the three sets of sufficiency predicates are put together in order to find the compatibility among them, as either binomial or trinomial compatibility. So, three complete compatibilities are found based on which some concluding remarks are provided.
Keywords: Sufficiency Predicates, Logical Compatibility, Symbolic Species
JEL Classification: A14, B41, Z10
Volume: 75, Issue: 2
Pages: 51 - 59
Publication date: June, 2023
DOI: 10.56043/reveco-2023-0015
Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/75205dinga.pdf
DINGA Emil, 2023, DECISION THEORY AND SUSTAINABILITY IN THE ECONOMIC CHOICE – IMPACT OF EVOLUTIONISM, Revista Economică, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol.75(2), pages 51-59, June. DOI: https://doi.org/10.56043/reveco-2023-0015