Effects of Feedback Structure on Dynamic Decision Making PDF Download
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Author: Ernst-Walter Diehl
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 620
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Book Description
Author: Ernst-Walter Diehl
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 620
Get Book Here
Book Description
Author: Ernest-Walter Diehl
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 318
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Book Description
Author: John D. Sterman
Publisher:
ISBN:
Category :
Languages : en
Pages : 46
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Book Description
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.
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.
Author: Jennifer J. Halpern
Publisher: Cornell University Press
ISBN: 1501725475
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
Decision makers strive to be rational. Traditionally, rational decisions maximize an appropriate return. The contributors to this book challenge the common assumption that good decisions must be rational in this economic sense. They emphasize that the decision-making process is influenced by social, organizational, and psychological considerations as well as by economic concerns. Relationships, time pressure, external demands for specific types of performance, contractual expectations, human biases, and reactions to unfair treatment alter the decision-making context and the resulting decision outcomes.
Author: Yaman Barlas
Publisher: EOLSS Publications
ISBN: 1848261373
Category :
Languages : en
Pages : 346
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Book Description
System Dynamics is a component of Encyclopedia of Technology, Information, and Systems Management Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The world is facing a wide range of increasingly complex, dynamic problems in the public and private arenas alike. System dynamics discipline is an attempt to address such dynamic, long-term policy problems. Applications cover a very wide spectrum, including national economic problems, supply chains, project management, educational problems, energy systems, sustainable development, politics, psychology, medical sciences, health care, and many other areas. This theme provides a comprehensive overview of system dynamics methodology, including its conceptual / philosophical framework, as well as the technical aspects of modeling and analysis. System dynamics can address the fundamental structural causes of the long-term dynamic contemporary socio-economic problems. Its "systems" perspective challenges the barriers that separate disciplines. The interdisciplinary and systemic approach of system dynamics could be critical in dealing with the increasingly complex problems of our modern world in this new century. These two volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.
Author: Carolus Marinus Maria Hurts
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 508
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Book Description
Author: Willi Semmler
Publisher: Springer Science & Business Media
ISBN: 9401113645
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
In macrodynamics and business cycle analysis we find nowadays a variety of approaches elaborating frameworks for studying the fluctuations in economic and financial data. These approaches are viewed from Keynesian, monetarist and rational expectations standpoints. There are now also numerous empirical methods for the testing of nonlinear data generating mechanisms. This volume brings together a selection of contributions on theories of the business cycle and new empirical methods and synopsizes the new results. The volume (i) gives an overview of current models and modern concepts and tools for analyzing the business cycle; (ii) demonstrates, where possible, the relation of those models to the history of business cycle analysis; and (iii) presents current work, surveys and original work, on new empirical methods of studying cycle generating mechanisms.
Author: Henry Montgomery
Publisher: CRC Press
ISBN: 1410611728
Category : Psychology
Languages : en
Pages : 434
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Book Description
This volume is the fruit of the 5th conference on Naturalistic Decision Making which focused on the importance of studying people who have some degree of expertise in the domain in which they make decisions. The substantive concerns pertain to how individuals and groups make decisions in professional and organizational settings, and to develop suit
