Decision Making in Dynamic Environments

Decision Making in Dynamic Environments PDF Author: Carolus Marinus Maria Hurts
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 508

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Book Description

Decision Making in Dynamic Environments

Decision Making in Dynamic Environments PDF Author: Carolus Marinus Maria Hurts
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 508

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Book Description


Application-oriented Collective Decision Making: Experimental Toolbox and Dynamic Environments

Application-oriented Collective Decision Making: Experimental Toolbox and Dynamic Environments PDF Author: Niclas Boehmer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Modelling of Decision Making for Discrete Processes in Dynamic Environments

Modelling of Decision Making for Discrete Processes in Dynamic Environments PDF Author: Gregory E. Kersten
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

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Book Description


Better Decision Making in Complex, Dynamic Tasks

Better Decision Making in Complex, Dynamic Tasks PDF Author: Hassan Qudrat-Ullah
Publisher: Springer
ISBN: 3319079867
Category : Science
Languages : en
Pages : 256

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Book Description
Computer simulation-based education and training is a multi-billion dollar industry. With the increased complexity of organizational decision making, projected demand for computer simulation-based decisional aids is on the rise. The objective of this book is to enhance systematically our understanding of and gain insights into the general process by which human facilitated ILEs are effectively designed and used in improving users’ decision making in dynamic tasks. This book is divided into four major parts. Part I serves as an introduction to the subject of “decision making in dynamic tasks”, its importance and its complexity. Part II provides background material, drawing upon the relevant literature, for the development of an integrated process model on the effectiveness of human facilitated ILEs in improving decision making in dynamic tasks. Part III focuses on the design, development and application of Fish Bank ILE, in laboratory experiments, to gather empirical evidence for the validity of the process model. Finally, part IV presents a comprehensive analysis of the gathered data to provide a powerful basis for understating important phenomena of training with human facilitated simulation-based learning environments, thereby, help to drive critical lessons to be learned. This book provides the reader with both a comprehensive understanding of the phenomena encountered in decision making with human facilitated ILEs and a unique way of studying the effects of these phenomena on people’s ability to make better decision in complex, dynamic tasks. This book is intended to be of use to managers and practitioners, researchers and students of dynamic decision making. The background material of Part II provides a solid base to understand and organize the existing experimental research literature and approaches.

Dynamic Perspectives on Managerial Decision Making

Dynamic Perspectives on Managerial Decision Making PDF Author: Herbert Dawid
Publisher: Springer
ISBN: 3319391208
Category : Business & Economics
Languages : en
Pages : 518

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Book Description
This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.

Complex Decision Making

Complex Decision Making PDF Author: Hassan Qudrat-Ullah
Publisher: Springer
ISBN: 3540736654
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
Today's ever more complex world creates challenges for decision makers. This volume reviews the principles underlying complex decision making, the handling of uncertainties in dynamic environments, and the various modeling approaches. Beginning with a discussion of the underlying concepts, theories and empirical evidence, the book gives you a range of practical tools and techniques for decision making in complex environments and systems.

Dynamics of decision making: from evidence to preference and belief

Dynamics of decision making: from evidence to preference and belief PDF Author: Erica Yu
Publisher: Frontiers E-books
ISBN: 2889192709
Category : Decision making
Languages : en
Pages : 260

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Book Description
At the core of the many debates throughout cognitive science concerning how decisions are made are the processes governing the time course of preference formation and decision. From perceptual choices, such as whether the signal on a radar screen indicates an enemy missile or a spot on a CT scan indicates a tumor, to cognitive value-based decisions, such as selecting an agreeable flatmate or deciding the guilt of a defendant, significant and everyday decisions are dynamic over time. Phenomena such as decoy effects, preference reversals and order effects are still puzzling researchers. For example, in a legal context, jurors receive discrete pieces of evidence in sequence, and must integrate these pieces together to reach a singular verdict. From a standard Bayesian viewpoint the order in which people receive the evidence should not influence their final decision, and yet order effects seem a robust empirical phenomena in many decision contexts. Current research on how decisions unfold, especially in a dynamic environment, is advancing our theoretical understanding of decision making. This Research Topic aims to review and further explore the time course of a decision - from how prior beliefs are formed to how those beliefs are used and updated over time, towards the formation of preferences and choices and post-decision processes and effects. Research literatures encompassing varied approaches to the time-scale of decisions will be brought into scope: a) Speeded decisions (and post-decision processes) that require the accumulation of noisy and possibly non-stationary perceptual evidence (e.g., randomly moving dots stimuli), within a few seconds, with or without temporal uncertainty. b) Temporally-extended, value-based decisions that integrate feedback values (e.g., gambling machines) and internally-generated decision criteria (e.g., when one switches attention, selectively, between the various aspects of several choice alternatives). c) Temporally extended, belief-based decisions that build on the integration of evidence, which interacts with the decision maker's belief system, towards the updating of the beliefs and the formation of judgments and preferences (as in the legal context). Research that emphasizes theoretical concerns (including optimality analysis) and mechanisms underlying the decision process, both neural and cognitive, is presented, as well as research that combines experimental and computational levels of analysis.

Decision Making in Complex Environments

Decision Making in Complex Environments PDF Author: Jan Noyes
Publisher: CRC Press
ISBN: 1317153944
Category : Technology & Engineering
Languages : en
Pages : 458

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Book Description
Many complex systems in civil and military operations are highly automated with the intention of supporting human performance in difficult cognitive tasks. The complex systems can involve teams or individuals working on real-time supervisory control, command or information management tasks where a number of constraints must be satisfied. Decision Making in Complex Environments addresses the role of the human, the technology and the processes in complex socio-technical and technological systems. The aim of the book is to apply a multi-disciplinary perspective to the examination of the human factors in complex decision making. It contains more than 30 contributions on key subjects such as military human factors, team decision making issues, situation awareness, and technology support. In addition to the major application area of military human factors there are chapters on business, medical, governmental and aeronautical decision making. The book provides a unique blend of expertise from psychology, human factors, industry, commercial environments, the military, computer science, organizational psychology and training that should be valuable to academics and practitioners alike.

Application-oriented Collective Decision Making: Experimental Toolbox and Dynamic Environments

Application-oriented Collective Decision Making: Experimental Toolbox and Dynamic Environments PDF Author: Niclas Böhmer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Complex Decision Making

Complex Decision Making PDF Author: Hassan Qudrat-Ullah
Publisher: Springer Verlag
ISBN: 9783540736646
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
Today's ever more complex world creates challenges for decision makers. This volume reviews the principles underlying complex decision making, the handling of uncertainties in dynamic environments, and the various modeling approaches. Beginning with a discussion of the underlying concepts, theories and empirical evidence, the book gives you a range of practical tools and techniques for decision making in complex environments and systems.