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Interference of Needs and Economic Decision Making
 
PIIS042473880005786-3-1
DOI10.31857/S042473880005786-3
Publication type Article
Status Published
Authors
Valery Yoon 
Occupation: Leading Research Associate
Affiliation: Institute of Economic Forecasting of the Russian Academy of Sciences (IEF RAS)
Address: Moscow, Russian Federation
Journal nameEkonomika i matematicheskie metody
Edition
Pages21-33
Abstract

 

Any level of business decisions imply a choice of reaction to current and projected economic events. Not all thoughtful options become real in life, but only those that have successfully passed the mental test of the expediency of implementation. The signal to begin the test is the sense of need, which, starting up the search for economic solutions plays the role of a link between individual consciousness and economy. In contrast to the previous approaches applied to the study of the decision-making process, the author of the article proceeds from non-monotonous nature of the growing need. A wave-like sensation of their urgency is postulated; it allows us to formulate a hypothesis of the needs’ interference. It follows that needs can strengthen and weaken each other, depending on the overlapping of their phases. Mutual influence gives probabilistic properties to the resulting action. The solution can be uniquely identified only at the moment of implementation, that is, the process of its adoption occurs according to the quantum world event scheme. The novelty of the article is the approach to the formation of individual economic solution; it is associated with the properties of quantum processes. The set of needs, their phases and the desirability of ways to meet depend on the composition of the environment in which interference occurs. This environment is institutional, and its influence on the decision maker is determined by education, upbringing and experience of decision-making person. The lack of a deterministic connection between motivating influences and economic decisions and the peculiarities of Russian institutions explain the incompatibility of today's typical behavioral priorities with innovative development, as well as the discrepancy between expected and actual results of reforms.

Keywordsdecision making, action, need, priorities, virtuality, wavelike oscillation, interference, quantum effects, alignment of marginal utility, motivating environment
Received13.08.2019
Publication date22.08.2019
Number of characters40790
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