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Instrumental and Value Rationality of the Self-regulation Model of Decision-Making

  • Alexander M. YemelyanovEmail author
  • Inna S. Bedny
Conference paper
  • 331 Downloads
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 1201)

Abstract

This paper offers further development of the self-regulation model of decision-making, which is based on the self-regulation model of the thinking process developed within the framework of the systemic-structural activity theory (SSAT). The role of instrumental and value rationality in decision-making under uncertainty is described. In this paper, we further specify the role of the factors of significance and difficulty in the self-regulation process of decision-making by considering the energy and information component of these factors, along with the instrumental (processing) and value rationality related to them. Eight core energy- and information-based shaping factors that regulate instrumental and value rationality are presented.

Keywords

Systemic-structural activity theory Decision making under uncertainty Self-regulation model Instrumental and value rationality Bounded rationality Shaping factors of instrumental and value rationality 

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Copyright information

© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

Authors and Affiliations

  1. 1.College of Business and ComputingGeorgia Southwestern State UniversityAmericusUSA
  2. 2.Evolute, LLCWayneUSA

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