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• W2185546552 abstract "The heterodox view on the decision-making under un-measurable uncertainty is nearly dead particularly among the practitioners in financial markets. In particular, the Shacklean theory of choice of action has disappeared. To critically assess the recent trend called as neo-liberalism or ugly neologisms - marketization plus financialization, this paper sheds light on some important elements in the heterodox theory to be resurrected, while referring to the traditional Japanese non-algorithmic monitoring style. Our arguments suggest that we aim at a scheme of direct taxation on the function-less investors with a merely investor's strategy of portfolio management, simultaneously aiming at a scheme of giving appropriate incentives for the lenders and investors with a partner's strategy who need a certain buffer or cushion for responding to fundamental uncertainties." @default.
• W2185546552 created "2016-06-24" @default.
• W2185546552 creator A5040408001 @default.
• W2185546552 date "2015-01-01" @default.
• W2185546552 modified "2023-09-27" @default.
• W2185546552 title "REVIEW OF HETERODOX VIEW ON THE DECISION MAKING UNDER UNCERTAINTY" @default.
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