Results for 'Dynamic decision making'

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  1. Dynamic Decision Making when Risk Perception Depends on Past Experience.Michèle Cohen, Johanna Etner & Meglena Jeleva - 2008 - Theory and Decision 64 (2-3):173-192.
    The aim of the paper is to propose a preferences representation model under risk where risk perception can be past experience dependent. A first step consists in considering a one period decision problem where individual preferences are no more defined only on decisions but on pairs (decision, past experience). The obtained criterion is used in the construction of a dynamic choice model under risk. The paper ends with an illustrative example concerning insurance demand. It appears that our (...)
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  2.  67
    Instance‐based learning in dynamic decision making.Cleotilde Gonzalez, Javier F. Lerch & Christian Lebiere - 2003 - Cognitive Science 27 (4):591-635.
    This paper presents a learning theory pertinent to dynamic decision making (DDM) called instancebased learning theory (IBLT). IBLT proposes five learning mechanisms in the context of a decisionmaking process: instance‐based knowledge, recognition‐based retrieval, adaptive strategies, necessity‐based choice, and feedback updates. IBLT suggests in DDM people learn with the accumulation and refinement of instances, containing the decisionmaking situation, action, and utility of decisions. As decision makers interact with a dynamic task, they recognize (...)
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  3.  29
    Learning and Dynamic Decision Making.Cleotilde Gonzalez - 2022 - Topics in Cognitive Science 14 (1):14-30.
    Topics in Cognitive Science, Volume 14, Issue 1, Page 14-30, January 2022.
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  4.  14
    Dynamic decision-making when ambiguity attitudes depend on exogenous events.Olivier Renault, Meglena Jeleva & Johanna Etner - 2023 - Theory and Decision 96 (2):269-295.
    The aim of this paper is to propose a preferences representation model where ambiguity attitudes can be exogenous events or past experience-dependent. We adapt the Recursive Smooth Ambiguity model proposed by Klibanoff (Journal of Economic Theory 144:930-976, 2009) by introducing past experience described by a sequence of neutral events occurring up to the moment of the decision. These neutral events do not provide any information on the true process, but are likely to strengthen or weaken the decision-maker’s ambiguity (...)
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  5.  81
    DFT-D: a cognitive-dynamical model of dynamic decision making.Jared M. Hotaling & Jerome R. Busemeyer - 2012 - Synthese 189 (S1):67-80.
    The study of decision making has traditionally been dominated by axiomatic utility theories. More recently, an alternative approach, which focuses on the micro-mechanisms of the underlying deliberation process, has been shown to account for several "paradoxes" in human choice behavior for which simple utility-based approaches cannot. Decision field theory (DFT) is a cognitive-dynamical model of decision making and preferential choice, built on the fundamental principle that decisions are based on the accumulation of subjective evaluations of (...)
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  6.  12
    Basic Processes in Dynamic Decision Making: How Experimental Findings About Risk, Uncertainty, and Emotion Can Contribute to Police Decision Making.Jason L. Harman, Don Zhang & Steven G. Greening - 2019 - Frontiers in Psychology 10.
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  7.  20
    A Canonical Theory of Dynamic Decision-Making.John Fox, Richard P. Cooper & David W. Glasspool - 2013 - Frontiers in Psychology 4.
  8.  77
    Man as a stabiliser of systems: From static snapshots of judgement processes to dynamic decision making.Berndt Brehmer - 1996 - Thinking and Reasoning 2 (2 & 3):225 – 238.
    The feedback arrow extending from the response to the distal state in the lens model, together with Brunswik's dictum that the organism is a stabiliser of systems, implies a dynamic view of behaviour. This paper describes the main problems in the study of dynamic decision making: feedback delays and the feedback structure of the tasks. It also describes microworlds, a methodology for studying dynamic decision making in the laboratory. The results from experiments with (...)
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  9. Supporting open access publishing in the field of dynamic decision making.Wolfgang Schoppek, Andreas Fischer, Joachim Funke, Daniel Holt & Alexander N. Wendt - 2021 - Journal of Dynamic Decision Making 7:1-3.
    In contrast to the successful previous year, 2020 turned out to be difficult, not only for the earth’s population due to COVID-19 but also for JDDM with an unusually small sixth volume. Looking back at these two very different years back-to-back led us to some reflection: As the COVID-19 pandemic forcefully illustrates, dynamic decision-making with all its complications and uncertainty is a topic of high relevance for modern societies.
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  10.  41
    (1 other version)Interrogating Feature Learning Models to Discover Insights Into the Development of Human Expertise in a Real‐Time, Dynamic DecisionMaking Task.Catherine Sibert, Wayne D. Gray & John K. Lindstedt - 2016 - Topics in Cognitive Science 8 (4).
    Tetris provides a difficult, dynamic task environment within which some people are novices and others, after years of work and practice, become extreme experts. Here we study two core skills; namely, choosing the goal or objective function that will maximize performance and a feature-based analysis of the current game board to determine where to place the currently falling zoid so as to maximize the goal. In Study 1, we build cross-entropy reinforcement learning models to determine whether different goals result (...)
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  11. Wise choice on dynamic decision-making without independence1.E. Ejerhed, S. Lindstrom & Action Logic - 1997 - In Eva Ejerhed Sten Lindström (ed.), Logic, Action and Cognition: Essays in Philosophical Logic. Dordrecht, Netherland: Kluwer Academic Publishers. pp. 2--97.
     
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  12. Cognition and affect in dynamic decision-making.M. Omodei & Aj Wearing - 1989 - Bulletin of the Psychonomic Society 27 (6):526-526.
     
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  13. Modeling individual-differences in dynamic decision-making.Aj Wearing & M. Omodei - 1990 - Bulletin of the Psychonomic Society 28 (6):507-507.
     
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  14.  9
    Multiple perspective dynamic decision making.Tze Yun Leong - 1998 - Artificial Intelligence 105 (1-2):209-261.
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  15.  36
    Multiattribute Decision Making in Context: A Dynamic Neural Network Methodology.Samuel J. Leven & Daniel S. Levine - 1996 - Cognitive Science 20 (2):271-299.
    A theoretical structure for multiattribute decision making is presented, based on a dynamical system for interactions in a neural network incorporating affective and rational variables. This enables modeling of problems that elude two prevailing economic decision theories: subjective expected utility theory and prospect theory. The network is unlike some that fit economic data by choosing optimal weights or coefficients within a predetermined mathematical framework. Rather, the framework itself is based on principles used elsewhere to model many other (...)
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  16.  29
    A Cognitive Modeling Approach to Strategy Formation in Dynamic Decision Making.Prezenski Sabine, Brechmann André, Wolff Susann & Russwinkel Nele - 2017 - Frontiers in Psychology 8.
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  17.  48
    The decision-making and changing behavioural dynamics of potential higher education students: the impacts of increasing tuition fees in England.Stephen Wilkins, Farshid Shams & Jeroen Huisman - 2013 - Educational Studies 39 (2):125-141.
  18.  39
    Comments on dynamic decision-making: Is there a conflict between rationality and efficiency?Friedel Bolle - 1981 - Erkenntnis 16 (1):131 - 136.
  19.  34
    The Voluntary Nature of DecisionMaking in Addiction: Static Metaphysical Views Versus Epistemologically Dynamic Views.Simon Rousseau-Lesage & Eric Racine - 2017 - Bioethics 31 (5):349-359.
    The degree of autonomy present in the choices made by individuals with an addiction, notably in the context of research, is unclear and debated. Some have argued that addiction, as it is commonly understood, prevents people from having sufficient decision-making capacity or self-control to engage in choices involving substances to which they have an addiction. Others have criticized this position for being too radical and have counter-argued in favour of the full autonomy of people with an addiction. Aligning (...)
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  20. Shared Decision Making, Paternalism and Patient Choice.Lars Sandman & Christian Munthe - 2010 - Health Care Analysis 18 (1):60-84.
    In patient centred care, shared decision making is a central feature and widely referred to as a norm for patient centred medical consultation. However, it is far from clear how to distinguish SDM from standard models and ideals for medical decision making, such as paternalism and patient choice, and e.g., whether paternalism and patient choice can involve a greater degree of the sort of sharing involved in SDM and still retain their essential features. In the article, (...)
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  21.  35
    Observing and influencing preferences in real time. Gaze, morality and dynamic decision-making.Philip Pärnamets - unknown
    Preference formation and choice are dynamic cognitive processes arising from interactions between decision-makers and their immediate choice environment. This thesis examines how preferences and decisions are played out in visual attention, captured by eye-movements, as well as in group contexts. Papers I-II make use of the Choice Blindness paradigm. Paper I compares participants’ eye movements and pupil dilation over the course of a trial when participants detect and fail to detect the false feedback concerning their choices. Results indicate (...)
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  22. Multiple-Stage Decision-Making: The Effect of Planning Horizon Length on Dynamic Consistency.Joseph G. Johnson & Jerome R. Busemeyer - 2001 - Theory and Decision 51 (2/4):217-246.
    Many decisions involve multiple stages of choices and events, and these decisions can be represented graphically as decision trees. Optimal decision strategies for decision trees are commonly determined by a backward induction analysis that demands adherence to three fundamental consistency principles: dynamic, consequential, and strategic. Previous research found that decision-makers tend to exhibit violations of dynamic and strategic consistency at rates significantly higher than choice inconsistency across various levels of potential reward. The current research (...)
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  23.  29
    The Dynamics of Decision Making in Risky Choice: An Eye-Tracking Analysis.Susann Fiedler & Andreas Glöckner - 2012 - Frontiers in Psychology 3.
  24.  24
    An approach to decision making based on dynamic argumentation systems.Edgardo Ferretti, Luciano H. Tamargo, Alejandro J. García, Marcelo L. Errecalde & Guillermo R. Simari - 2017 - Artificial Intelligence 242 (C):107-131.
    In this paper we introduce a formalism for single-agent decision making that is based on Dynamic Argumentation Frameworks. The formalism can be used to justify a choice, which is based on the current situation the agent is involved. Taking advantage of the inference mechanism of the argumentation formalism, it is possible to consider preference relations, and conflicts among the available alternatives for that reasoning. With this formalization, given a particular set of evidence, the justified conclusions supported by (...)
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  25.  14
    Organizational decision-making, discourse, and power: integrating across contexts and scales.Ruth Wodak, Ian Clarke & Winston Kwon - 2009 - Discourse and Communication 3 (3):273-302.
    Research has downplayed the complex discursive processes and practices through which decisions are constructed and blurs the relationship between macro- and micro-levels. The article argues for a critical and ecologically valid approach that articulates how discursive practices are influenced by, and in turn shape, the organizational settings in which they occur. It makes a methodological contribution using decision-making episodes of a senior management team meeting of a multinational company to demonstrate the insights that can be obtained from embedding (...)
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  26.  20
    Adaptive decision making in a dynamic environment: A test of a sequential sampling model of relative judgment.Anita Vuckovic, Peter J. Kwantes & Andrew Neal - 2013 - Journal of Experimental Psychology: Applied 19 (3):266.
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  27. Power Dynamics and Political Decision-Making in Contemporary Democracies: Navigating the Shifting Sands.Prof Pedro Costa - 2022 - Journal of Philosophical Criticism 5 (1):66-79.
    _Contemporary democracies, despite ideals of citizen participation and equal representation, operate within a complex web of power dynamics that influence political decision-making. This article explores the multifaceted nature of power in contemporary democracies, focusing on the interplay between formal institutional structures, informal networks, and social and economic inequalities. It examines how these factors shape policy agendas, influence policy choices, and ultimately determine the distribution of benefits and burdens. Drawing on diverse theoretical frameworks and empirical evidence, the article argues (...)
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  28.  26
    Neural dynamics of decision making under risk: Affective balance and cognitive-emotional interactions.Stephen Grossberg & William E. Gutowski - 1987 - Psychological Review 94 (3):300-318.
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  29.  54
    Decision field theory: A dynamic-cognitive approach to decision making in an uncertain environment.Jerome R. Busemeyer & James T. Townsend - 1993 - Psychological Review 100 (3):432-459.
  30.  23
    Individual vs. group decision-making: an experiment on dynamic choice under risk and ambiguity.Enrica Carbone, Konstantinos Georgalos & Gerardo Infante - 2019 - Theory and Decision 87 (1):87-122.
    This paper focuses on the comparison of individual and group decision-making, in a stochastic inter-temporal problem in two decision environments, namely risk and ambiguity. Using a consumption/saving laboratory experiment, we investigate behaviour in four treatments: individual choice under risk; group choice under risk; individual choice under ambiguity and group choice under ambiguity. Comparing decisions within and between decision environments, we find an anti-symmetric pattern. While individuals are choosing on average closer to the theoretical optimal predictions, compared (...)
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  31.  15
    Dynamic representation of decision-making.James T. Townsend & Jerome Busemeyer - 1995 - In T. van Gelder & Robert Port (eds.), Mind As Motion. MIT Press. pp. 101--120.
  32.  18
    Shared Decision-Making and Relational Moral Agency: On Seeing the Person Behind the ‘Expert by Experience’ in Mental Health Research.Anna Bergqvist - 2023 - Royal Institute of Philosophy Supplement 94:173-200.
    The focus of this paper is the moral and scientific value of ‘expertise by experience’, that is, knowledge based on personal experience of ill mental health as a form of expertise in mental health research. In contrast to individualistic theories of personal autonomy and the first-person in bioethics, my account of shared decision-making is focussed on how a relational approach to the ‘person’ and ‘patient values’ can throw new light on our understanding of ‘voice’ in mental health research. (...)
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  33. Information Priorities for investment decision-making and fear during market crashes: Analyzing East Asian Countries with Bayesian Mindsponge Framework Analytics.Minh-Hoang Nguyen, Dan Li, Thien-Vu Tran, Phuong-Tri Nguyen, Thi Mai Anh Tran & Quan-Hoang Vuong - manuscript
    Market crises amplify fear, disrupting rational decision-making of stock investment. This study examines the relationship between investors’ information priorities—such as intuition, company performance, technical analysis, and other factors—and their fear responses (freeze, flight, and hiding) during market crashes. Using the Bayesian Mindsponge Framework (BMF) to analyze data from 1,526 investors in China and Vietnam, the findings reveal complex dynamics. We found positive associations between investors’ prioritization of social influence and intuition for investment decision-making with being freeze (...)
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  34.  57
    End-of-Life Decision Making in Pediatrics: Literature Review on Children's and Adolescents’ Participation.Katharina M. Ruhe, Domnita O. Badarau, Bernice S. Elger & Tenzin Wangmo - 2014 - AJOB Empirical Bioethics 5 (2):44-54.
    Background: Pediatric guidelines recommend that children and adolescents participate in a developmentally appropriate way in end-of-life decision making. Shared decision making in pediatrics is unique because of the triadic relationship of patient, parents, and physician. The involvement of the patient may vary on a continuum from no involvement to being the sole decision maker. However, the effects of child participation have not been thoroughly studied. The aims of this literature review are to identify studies on (...)
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  35.  16
    Can I speak to the manager? The gender dynamics of decision-making in Kenyan maize plots.Rachel C. Voss, Zachary M. Gitonga, Jason Donovan, Mariana Garcia-Medina & Pauline Muindi - 2023 - Agriculture and Human Values 41 (1):205-224.
    Gender and social inclusion efforts in agricultural development are focused on making uptake of agricultural technologies more equitable. Yet research looking at how gender relations influence technology uptake often assumes that men and women within a household make farm management decisions as individuals. Relatively little is understood about the dynamics of agricultural decision-making within dual-adult households where individuals’ management choices are likely influenced by others in the household. This study used vignettes to examine decision-making related (...)
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  36.  34
    Dynamic Decision Theory.Katie Steele - 2012 - In Sven Ove Hansson & Vincent F. Hendricks (eds.), Introduction to Formal Philosophy. Cham: Springer. pp. 657-667.
    This chapter considers the controversial relationship between dynamic choice models, which depict a series of choices over time, and the more familiar static choice models, which depict a single ‘one-shot-only’ decision. An initial issue concerns how to reconcile the normative advice of these two models: Should an agent take account of the broader dynamic context when making a decision, and if so, in a sophisticated manner, or rather in a resolute manner? Further controversies concern what (...)
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  37.  35
    Supported Decision Making With People at the Margins of Autonomy.Andrew Peterson, Jason Karlawish & Emily Largent - 2021 - American Journal of Bioethics 21 (11):4-18.
    This article argues that supported decision making is ideal for people with dynamic cognitive and functional impairments that place them at the margins of autonomy. First, we argue that guardianship and similar surrogate decision-making frameworks may be inappropriate for people with dynamic impairments. Second, we provide a conceptual foundation for supported decision making for individuals with dynamic impairments, which integrates the social model of disability with relational accounts of autonomy. Third, we (...)
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  38.  18
    Decision-Making in the Human-Machine Interface.J. Benjamin Falandays, Samuel Spevack, Philip Pärnamets & Michael Spivey - 2021 - Frontiers in Psychology 12.
    If our choices make us who we are, then what does that mean when these choices are made in the human-machine interface? Developing a clear understanding of how human decision making is influenced by automated systems in the environment is critical because, as human-machine interfaces and assistive robotics become even more ubiquitous in everyday life, many daily decisions will be an emergent result of the interactions between the human and the machine – not stemming solely from the human. (...)
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  39.  28
    From selves to systems: on the intrapersonal and intraneural dynamics of decision making.James Grayot - 2019 - Journal of Economic Methodology 26 (3):208-227.
    ABSTRACTNew trends in behavioral decision research see researchers attempting to integrate multiple-self models of behavioral economics with dual-process and dual-system theories of cognitive psych...
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  40.  23
    Australian Aboriginal and Torres Strait Islander Collections of Genetic Heritage: The Legal, Ethical and Practical Considerations of a Dynamic Consent Approach to Decision Making.Megan Prictor, Sharon Huebner, Harriet J. A. Teare, Luke Burchill & Jane Kaye - 2020 - Journal of Law, Medicine and Ethics 48 (1):205-217.
    Dynamic Consent is both a model and a specific web-based tool that enables clear, granular communication and recording of participant consent choices over time. The DC model enables individuals to know and to decide how personal research information is being used and provides a way in which to exercise legal rights provided in privacy and data protection law. The DC tool is flexible and responsive, enabling legal and ethical requirements in research data sharing to be met and for online (...)
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  41.  21
    Decision-making with neutrosophic set: theory and applications in knowledge management.Harish Garg (ed.) - 2020 - New York: Nova Science Publishers.
    This book introduces readers to the concept of the neutrosophic set which can deal with dynamic and complex decision-making problems. With the complexity of the socio-economic environment, today's decision-making is one of the most notable ventures, whose mission is to decide the best alternative under numerous known or unknown criteria. This book provides a large amount of theoretical and practical information about the latest research in the field, allowing readers to gain an extensive understanding of (...)
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  42.  14
    Ethical decision-making in management: perspectives of the philosopher, the sociologist and the manager.Matej Drašček - 2023 - New York, NY: Routledge, Taylor & Francis Group. Edited by Dana Mesner-Andolšek & Adriana Rejc.
    Moral pragmatism has been largely ignored in Business Ethics, despite its natural attraction and the fact that it is prominent in philosophy and socio-economic theories. The main premise of the book is that the complexity of today's business world does not permit a grand ethical theory, notwithstanding the different attempts made by scientists. Moral pragmatism is the 'go-to' approach where the ethical decision-making of managers varies dependent on different circumstances but it always integrates moral considerations. Ethical decision- (...) is no longer based simply on known rules, but entails the constant dynamic interaction of circumstances, the development of new rules, managers' past experiences, their knowledge concerning ethics, and skills of moral reasoning. This book interweaves the postmodern approach to management studies and, based on its innovative research, reintroduces moral pragmatism in Business Ethics. The combination of decision-making theories, philosophy and postmodernism paves the way for future novel research in Business Ethics, making it an excellent resource for researchers, academics, and advanced students in the field of Business Ethics. Practitioners, on the other hand, will benefit by improving their skills in ethical decision-making and leadership. (shrink)
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  43.  21
    A general architecture for modeling the dynamics of goal-directed motivation and decision-making.Timothy Ballard, Andrew Neal, Simon Farrell, Erin Lloyd, Jonathan Lim & Andrew Heathcote - 2022 - Psychological Review 129 (1):146-174.
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  44.  19
    A model of dynamic, within-trial conflict resolution for decision making.Emily R. Weichart, Brandon M. Turner & Per B. Sederberg - 2020 - Psychological Review 127 (5):749-777.
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  45.  64
    Sequential decision making without independence: a new conceptual approach. [REVIEW]A. Nebout - 2014 - Theory and Decision 77 (1):85-110.
    This paper presents a critical reflection on dynamic consistency as commonly used in economics and decision theory, and on the difficulty to test it experimentally. It distinguishes between the uses of the term dynamic consistency in order to characterize two different properties: the first accounts for the neutrality of individual preferences towards the timing of resolution of uncertainty whereas the second guarantees that a strategy chosen at the beginning of a sequential decision problem is immune to (...)
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  46.  39
    Dynamics of decision-making: from evidence accumulation to preference and belief.Marius Usher, Konstantinos Tsetsos, Erica C. Yu & David A. Lagnado - 2013 - Frontiers in Psychology 4.
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  47.  60
    How decisions emerge: Action dynamics in intertemporal decision making.Maja Dshemuchadse, Stefan Scherbaum & Thomas Goschke - 2013 - Journal of Experimental Psychology: General 142 (1):93.
  48.  12
    Dynamics of discernment: a guide to good decision-making.Stephen J. Costello - 2022 - Eugene, Oregon: Pickwick Publications.
    This is a unique book, drawing together the profound insights of Eastern philosophy (Advaita Vedanta), Western depth-psychology (Jungian), and spirituality (Ignatian) as applied to decision-making. Mention is made of Plato, C. G. Jung, Ira Progoff, Viktor Frankl, and Bernard Lonergan, amongst others. Powerful and practical tools and techniques for making wise decisions are offered. There are sections on Descartes's famous square, the ego and the Self, the I Ching and synchronicity, archetypes, neuroscience and the triune brain, biases (...)
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  49.  8
    Family dynamics and surrogate decision-making.Lisa Soleymani Lehmann - 2012 - In D. Micah Hester & Toby Schonfeld (eds.), Guidance for healthcare ethics committees. Cambridge, UK: Cambridge University Press.
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  50.  28
    Combining Supported Decision-Making with Competence Assessment: A Way to Protect Persons with Impaired Decision-Making Capacity against Undue Influence.Jochen Vollmann, Jakov Gather, Esther Braun & Matthé Scholten - 2021 - American Journal of Bioethics 21 (11):45-47.
    In a compelling article, Peterson, Karlawish and Largent argue that supported decision-making is preferable to substitute decision-making for people with dynamic impairments. We fully...
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