2008 - 2011 World Economic Crisis, New Paradigms, Science Methodology, Information Systems, and Decision Systems

2008 - 2011 World Economic Crisis, New Paradigms, Science Methodology, Information Systems, and Decision Systems

Author: 
Güvenen , Orhan
Place: 
Hershey, PA
Publisher: 
IGI Global
Date published: 
2013
Editor: 
Koyuncugil, Ali Serhan
Source: 
Technology and Financial Crisis
Abstract: 

The human society and market structures need a "regulatory framework" new paradigms which endogenize ethics, efficiency, rights, and minimize risks in decision systems, which can converge in peace and human sustainability. Ethics is a necessary condition for any system at the individual, institutional, corporation, national, and international levels. Globalization with automation transformed global market parameters. Information distortion in information systems may create high alternative costs such as problems of quantification of socio-economic phenomena and negative impacts on quantitative and qualitative distortions in decision-making structures. In the 21st century, it became a necessary condition to transform power driven systems to science and culture and endogenize ecology, ethics, which aims "human optimal" welfare decision systems at the world level.

Series: 
Advances in Finance, Accounting, and Economics

CITATION: Güvenen , Orhan. 2008 - 2011 World Economic Crisis, New Paradigms, Science Methodology, Information Systems, and Decision Systems edited by Koyuncugil, Ali Serhan . Hershey, PA : IGI Global , 2013. Technology and Financial Crisis - Available at: https://library.au.int/2008-2011-world-economic-crisis-new-paradigms-science-methodology-information-systems-and-decision