make or buy decision is one of the main areas of decision making for managers. transaction cost economics (tce), as an influential economic approach to the theory of the firm, tries to put forward a theoretical framework for this important decision. from tce perspective, the greater the asset specificity, the more the behavioral uncertainty and the more the transaction frequency, the more will ...

introduction: the current study aimed to elucidate the role of preparatory cognitive control in decision making and its neural correlates using functional magnetic resonance imaging (fmri). to this effect, by employing a series of new cognitive tasks, we assessed the role of preparatory cognitive control in monetary (risky) decision making. methods: the participants had to decide between a risk...

environmental factors are one of the most sensitive issues that should be considered in many decisions. site selection is one of the most widely used spatial decision making problems and is influenced by many environmental factors. the purpose of site selection is to find a set of appropriate spatial alternatives for a particular application. site selection is a multi-criteria decision making p...

Human adults tend to avoid risk. In behavioral economic studies, risk aversion is manifest as a preference for sure gains over uncertain gains. However, children tend to be less averse to risk than adults. Given that many of the brain regions supporting decision-making under risk do not reach maturity until late adolescence or beyond it is possible that mature risk-averse behavior may emerge fr...

Decision-making about affective value may occur after the reward value of a stimulus is represented and may involve different brain areas to those involved in decision-making about the physical properties of stimuli, such as intensity. In an fMRI study, we delivered two odors separated by a delay, with instructions on different trials to decide which odor was more pleasant or more intense or to...

Data envelopment analysis (DEA) is a nonparametric approach to estimate relative efficiency of Decision Making Units (DMUs). DEA is one of the best quantitative approaches and balanced scorecard (BSC) is one of the best qualitative methods to measure efficiency of an organization. Since simultaneous evaluation of network performance of the quad areas of BSC model is considered as a necessity an...