Abstract

A landscape of interdisciplinary decision theories is sketched with a tentative place for the sense-making approach presented by Salvatore et al (2009). Uncertainty and ambiguity are highlighted as key concepts in both, economics and sense-making perspectives aligning possible and useful conceptual coincidences among post Keynesian economics (Shackle 1974; Davidson 2005) cultural psychology (Salvatore et al. 2009) and organization theory (March 1978, 1994; Weick 1995). Few ideas for the construction of possible research agenda aimed to build a complex model of decision making are suggested. Finally a brief reflection on the study of underground economy is presented. The challenge for the link between psychology and economics is to figure out a descriptive general model of the process of decision making, perhaps by combining weighted elements of the different ways in which human rationality emerges-calculation, rule following, sense-making-for explaining singular and specific decisions.

Original languageEnglish
Pages (from-to)178-184
Number of pages7
JournalIntegrative Psychological and Behavioral Science
Volume43
Issue number2
DOIs
StatePublished - Apr 2009

Keywords

  • Ambiguity
  • Decision making
  • Rationality
  • Sense-making
  • Uncertainty

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