Lee Roy Beach Quote

[The behaviour of the decision maker reflects economics' utilitarian paradigm] which means that they strive to acquire desirable pay offs and if their decisions processes correspond to the processes dictated by utility theory and probability theory. That is, decision-making in the sense of acquisition of desirable payoffs, will be most successful if the attractiveness of each option is summarised as the sum of the probability - discounted utilities corresponding to its potential pay offs and if the decision maker chooses the option which offers the greatest sum.


p.11-12, as cited in: Daphne Jane Jones, "Understanding decision-making relating to out-of-authority placements for pupils with autistic spectrum conditions." (2012). - The Psychology of Decision Making: People in Organizations, 2005


[The behaviour of the decision maker reflects economics' utilitarian paradigm] which means that they strive to acquire desirable pay offs and if...

[The behaviour of the decision maker reflects economics' utilitarian paradigm] which means that they strive to acquire desirable pay offs and if...

[The behaviour of the decision maker reflects economics' utilitarian paradigm] which means that they strive to acquire desirable pay offs and if...

[The behaviour of the decision maker reflects economics' utilitarian paradigm] which means that they strive to acquire desirable pay offs and if...