A Study of Decision-Making Processes

The purpose of this article is to highlight the possibilities of consuming versus economising. These possibilities will be introduced by the author in the form of several hypotheses elaborated by the author, each hypothesis being illustrated with the help of a Matchad programmed simulation. These hypotheses are at first slightly more restrictive, and as a follow-up of the study, they should relax gradually, through the insertion of the cyclization, stochastic jump process, and even through the insertion of the independent Brownian motion in the income-fortune equation. If in the beginning it is considered a basic consumption of the household, in the end of the study a more important acquisition in the household spending(s) is introduced, that leading to obviously to the changing of the behaviour of consumption and fortune.