52 International Journal of Applied Behavioral Economics, 4(4), 52-74, October-December 2015
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ABSTRACT
Within the feld of Economics there is great interest in predicting the future. In creating
Economic Models the rationale has been to create fxed equations that can account
for all variables associated with the issues of capital, labor, wages, prices, tariffs and
taxes but few models explored the human variable. Probability Statistics bases decision
making models upon mathematical predictions. Game Theory is an economic model
that begins to explain the rationale of human decision making, but fails to account
for fawed thinking and pathology. Relational Dynamics attempts to provide a means
of understanding the strategies used in communication and decision making. Within
humanity, not all decisions are made rationally and to account for illogical choices,
psychology has provided theories of pathology to explain human idiosyncrasies. This
paper will explore personality disorders as described by the DSM V and Relational
Dynamics in an attempt to understand how pathology infuences relationships, decision
making and behavioral economics.
Personality, Relationships,
and Decision Making with
Relational Dynamics:
Personality and Relational Dynamics
David S. Bathory, Bathory International, LLC, Somerville, NJ, USA
Keywords: Behavioral Economics, Decision Making, Game Theory, Personality
Disorders, Relational Dynamics
DOI: 10.4018/IJABE.2015100104