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4 aug 1996    Modelling in Decision Making

Models are sources of information for decision making but they, on the other side, are structurized infornmations from the standpoint of model builder, decision maker. There could be only three main standpoints: concrete individual, group or society of groups and the natural environment in which the whole human life is imbeded. So, the models could be :
- Individual decision maker(Includes household and firm): Max own individual life or some group value, given the society and the nature
- Society as decision maker: Max social life given the individuals and the nature
- Nature: Max nature given the human groups and human individuals.
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 ©Copyright 2001 Pavel Kollar