... the models of loss aversion and inequity aversion to present a better picture of the individual decision-making process under uncertainty. I first argue that multiple reference points may affect decision-making in a complex sequential manner rather than just one at a time. Next, I present a simple model...

...Hussein A. Abdou; Shaair T. Alam; James Mulkeen Purpose – This paper aims to distinguish whether the decision-making process of the Islamic financial houses in the UK can be improved through the use of credit scoring modeling techniques as opposed to the currently used judgmental approaches...