Measuring Performance in Dynamic Decision Making

Measuring Performance in Dynamic Decision Making PDF Author: Daniel Danner
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description

Measuring Performance in Dynamic Decision Making

Measuring Performance in Dynamic Decision Making PDF Author: Daniel Danner
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Improving Human Performance in Dynamic Tasks

Improving Human Performance in Dynamic Tasks PDF Author: Hassan Qudrat-Ullah
Publisher:
ISBN: 9783030281670
Category : Decision making
Languages : en
Pages :

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Book Description
This book is about improving human decision making and performance in complex, dynamic tasks. The defining characteristics of a dynamic decision task are that there are a number of decisions required, that decisions are interdependent and that the environment in which the decision is made is transient and feedback is pervasive. Examples of dynamic tasks include the sustainable management of renewable resources and how businesses might allocate resources for research and development (R&D) projects. Decision making in dynamic tasks can be improved through training with system dynamics-based interactive learning environments (ILE's) that include systematic debriefing. Some key features of the book include its didactic approach, numerous tables, figures, and the multidimensional evaluative model. Researchers can use the developed "evaluation model" to gauge various decision-aiding technologies. How to Improve Human Performance in Dynamic Tasks appeals to those interested in the design and evaluation of simulation-based decision support systems, as well as policy makers, students, researchers, and industrialists concerned by the issue of improving human performance in organizational tasks.

Dynamic Efficiency and Productivity Measurement

Dynamic Efficiency and Productivity Measurement PDF Author: Elvira Silva
Publisher: Oxford University Press, USA
ISBN: 0190919477
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
"The book takes on a systematic treatment of dynamic decision making and performance measurement. The analytical foundations of the dynamic production technology are introduced and developed in detail for several primal representations of the technology with an emphasis on dynamic directional distance functions. Dynamic cost minimization and dynamic profit maximization are developed for primal and dual representations of the dynamic technology. A dynamic production environment can be characterized as one where current production decisions impact future production possibilities. Consequently, the dynamic perspective of production relationships necessarily involves the close interplay between stock and flow elements in the transformation process, and how current decisions impact the changes in future stocks. Stock elements in the production transformation process can involve physical elements that can be effectively employed in the transformation process that can include the stock of technical knowledge and expertise available to the decision maker during the decision period. The dynamic generalization of concepts measuring the production structure (e.g., economies of scale, economies of scope, capacity utilization) and performance (e.g., allocative, scale and technical inefficiency, productivity) are developed from primal and dual perspectives"--

Performance Measures and Outcome Analyses of Dynamic Decision Making in Real-time Supervisory Control

Performance Measures and Outcome Analyses of Dynamic Decision Making in Real-time Supervisory Control PDF Author: Ling Rothrock
Publisher:
ISBN:
Category : Industrial management
Languages : en
Pages : 590

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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.

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.

Scaled Worlds: Development, Validation and Applications

Scaled Worlds: Development, Validation and Applications PDF Author: Linda R. Elliott
Publisher: Routledge
ISBN: 1351902059
Category : Transportation
Languages : en
Pages : 390

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Book Description
A major transformation in research and training is expected, using new, more advanced versions of computer-based systems. Technology now affords new capabilities: complex and distributed expert decisionmaking and team performance can now be elicited and rehearsed through affordable and easily distributed systems. These new systems will transform research and training on two fronts. It will allow research needed to bridge the gap between internal (i.e. laboratory control) and external (e.g. operational relevance) validity. In addition, it enables a coalition of forces, from training instructors and their students, to research scientists and quantitative performance modelers. While simulation-based research and training is rapidly advancing, with increased funding and sponsorship, as yet there is no comprehensive documentation of tools and techniques. This book addresses the problem, bringing together experts from a variety of perspectives. Their contributions document emerging trends and issues with regard to development, utilization, and validation of these emerging ’scaled world’ systems. The readership includes researchers and practitioners who develop and/or utilize simulation-based environments, educators interested in instructional technology and researchers who require criterion-based performance evaluation.

Decision Making

Decision Making PDF Author: Ray Crozier
Publisher: Routledge
ISBN: 1134726783
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
This book offers an exciting new collection of recent research on the actual processes that humans use when making decisions in their everyday lives and in business situations. The contributors use cognitive psychological techniques to break down the constituent processes and set them in their social context. The contributors are from many different countries and draw upon a wide range of techniques, making this book a valuable resource to cognitive psychologists in applied settings, economists and managers.

An Investigation of the Role of Cognitive Style in Dynamic Decision Making

An Investigation of the Role of Cognitive Style in Dynamic Decision Making PDF Author: Amy Lynn D'Agostino
Publisher:
ISBN:
Category :
Languages : en
Pages : 278

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Book Description


Linear-Quadratic Controls in Risk-Averse Decision Making

Linear-Quadratic Controls in Risk-Averse Decision Making PDF Author: Khanh D. Pham
Publisher: Springer Science & Business Media
ISBN: 1461450780
Category : Mathematics
Languages : en
Pages : 157

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Book Description
​​Linear-Quadratic Controls in Risk-Averse Decision Making cuts across control engineering (control feedback and decision optimization) and statistics (post-design performance analysis) with a common theme: reliability increase seen from the responsive angle of incorporating and engineering multi-level performance robustness beyond the long-run average performance into control feedback design and decision making and complex dynamic systems from the start. This monograph provides a complete description of statistical optimal control (also known as cost-cumulant control) theory. In control problems and topics, emphasis is primarily placed on major developments attained and explicit connections between mathematical statistics of performance appraisals and decision and control optimization. Chapter summaries shed light on the relevance of developed results, which makes this monograph suitable for graduate-level lectures in applied mathematics and electrical engineering with systems-theoretic concentration, elective study or a reference for interested readers, researchers, and graduate students who are interested in theoretical constructs and design principles for stochastic controlled systems.​