A Method for Measuring Decision Assumptions

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Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis A Method for Measuring Decision Assumptions by : Jarrod W. Wilcox

Download or read book A Method for Measuring Decision Assumptions written by Jarrod W. Wilcox and published by MIT Press (MA). This book was released on 1972 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research reported here deals with finding why people make some choices rather than others, why different people make different decisions in objectively similar situations. The book requires that its reader have some basic knowledge of statistical methods, and, since, it cuts across normally separate fields, it requires an adventuresome spirit. But, in return, the reader may expect to gain the use of a powerful tool that can be applied in his own practical projects and social science research.The message is on two levels. On one, the work is a practical handbook for application. On the other, it discusses some fundamental issues in the theory of decision-making and the social sciences.The book presents an application method for measuring assumptions realistic enough for use in management context. In a test-case study, the author uncovered startling diversity in the attributes investors use in picking stocks. More generally, such measures of assumptions are useful in managerial planning and control to aid in decision-making consistence, in learning to revise decision assumptions, and in designing information systems to support decision-making. They are also useful in improving joint decision-making and communication. Still other important applications are possible in consumer market research and in operations research modeling of decision processes. These applications are described with suggestive examples.To the management scientist the author seeks to show the benefits of extending explicitness beyond the traditional bounds of information systems into the realm of subjective decision assumptions. That is, subjective assumptions made explicit in a practical manner are employed as useful inputs to managerial information systems.Such measurement methods as reported here may also have widespread use in building social theory. Individual decision assumptions are key variables in microeconomics, in political science, in organization theory, and in the sociology of knowledge. Their measures play an analogous role in social science to that of thermometers in the development of thermodynamics.The material is developed as follows: First, the problem of discovering the assumptions which underlie decisions is sketched broadly. Alternative possible measurement approaches and theories are then described in logical order. An outline of the method for measuring assumptions is followed by the account of its use in a case study of stock market participants. It is this narrative that provides a practical handbook for the reader's use. A number of prototype applications are shown in some detail. The final chapters propose uses of the method for research in the social sciences and in accounting and the financial markets.

A Methodology for Decision Assumption Measurement

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Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (144 download)

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Book Synopsis A Methodology for Decision Assumption Measurement by : Jarrod W. Wilcox

Download or read book A Methodology for Decision Assumption Measurement written by Jarrod W. Wilcox and published by . This book was released on 1970 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Group Decision Making under Multiple Criteria

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642615805
Total Pages : 416 pages
Book Rating : 4.6/5 (426 download)

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Book Synopsis Group Decision Making under Multiple Criteria by : Ching-Lai Hwang

Download or read book Group Decision Making under Multiple Criteria written by Ching-Lai Hwang and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is intended for an advanced undergraduate or graduate course of engineering and management science. as well as for persons in business. industry. military or in any field. who want an introductory and a capsule look into the methods of group decision making under multiple criteria. This is a sequel to our previous works entitled "Multiple Objective Decision Making--Methods and Applications (No. 164 of the Lecture Notes). and "Multiple Attribute Decision Making--Methods and Applications (No. 186 of the Lecture Notes). Moving from a single decision maker (the consideration of Lecture Notes 164 and 186) to a multiple decision maker setting introduces a great deal of complexity into the analysis. The problem is no longer the selection of the most preferred alternative among the nondominated solutions according to one individual's (single decision maker's) preference structure. The analysis is extended to account for the conflicts among different interest groups who have different objectives. goals. and so forth. Group decision making under multiple criteria includes such diverse and interconnected fields as preference analysis. utility theory. social choice theory. committee decision theory. theory of voting. game theory. expert evaluation analysis. aggregation of qualitative factors. economic equilibrium theory. etc; these are simplified and systematically classified for beginners. This work is to provide readers with a capsule look into the existing methods. their characteristics. and applicability in the complexity of group decision making.

Decision Support Systems for Sustainable Development

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Publisher : Springer Science & Business Media
ISBN 13 : 0306475421
Total Pages : 423 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Decision Support Systems for Sustainable Development by : Gregory E. Kersten

Download or read book Decision Support Systems for Sustainable Development written by Gregory E. Kersten and published by Springer Science & Business Media. This book was released on 2007-05-08 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, much work has been done in formulating and clarifying the concept of sustainable development and related theoretical and research issues. Now, the challenge has shifted to designing and stimulating processes of effective planning and decision-making, at all levels of human activity, in such a way as to achieve local and global sustainable development. Information technology can help a great deal in achieving sustainable development by providing well-designed and useful tools for decision makers. One such tool is the decision support system, or DSS. This book explores the area of DSS in the context of sustainable development. As DSS is a very new technique, especially in the developing world, this book will serve as a reference text, primarily for managers, government officials, and information professionals in developing countries. It covers the concept of sustainable development, defines DSS and how it can be used in the planning and management of sustainable development, and examines the state of the art in DSS use. Other interested readers will include students, teachers, and analysts in information sciences; DSS designers, developers, and implementors; and international development agencies.

Developing Metrics for Assessing Engineering Instruction

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Publisher : National Academies Press
ISBN 13 : 0309137829
Total Pages : 52 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Developing Metrics for Assessing Engineering Instruction by : National Academy of Engineering

Download or read book Developing Metrics for Assessing Engineering Instruction written by National Academy of Engineering and published by National Academies Press. This book was released on 2009-05-15 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Faculty in all disciplines must continually prioritize their time to reflect the many demands of their faculty obligations, but they must also prioritize their efforts in ways that will improve the prospects of career advancement. The current perception is that research contributions are the most important measure with respect to faculty promotion and tenure decisions, and that teaching effectiveness is less valued-regardless of the stated weighting of research, teaching and service. In addition, methods for assessing research accomplishments are well established, even though imperfect, whereas metrics for assessing teaching, learning, and instructional effectiveness are not as well defined or well established. Developing Metrics for Assessing Engineering Instruction provides a concise description of a process to develop and institute a valid and acceptable means of measuring teaching effectiveness in order to foster greater acceptance and rewards for faculty efforts to improve their performance of the teaching role that makes up a part of their faculty responsibility. Although the focus of this book is in the area of engineering, the concepts and approaches are applicable to all fields in higher education.

The Practice of Management

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis The Practice of Management by :

Download or read book The Practice of Management written by and published by . This book was released on 1980 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monthly Labor Review

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Publisher :
ISBN 13 :
Total Pages : 762 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Monthly Labor Review by :

Download or read book Monthly Labor Review written by and published by . This book was released on 1973 with total page 762 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Endocrinology of Cardiovascular Function

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Publisher : Springer Science & Business Media
ISBN 13 : 9780792382171
Total Pages : 768 pages
Book Rating : 4.3/5 (821 download)

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Book Synopsis Endocrinology of Cardiovascular Function by : Ellis R. Levin

Download or read book Endocrinology of Cardiovascular Function written by Ellis R. Levin and published by Springer Science & Business Media. This book was released on 1998-10-31 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: Endocrinology of Cardiovascular Function is a fitting inauguration to the Endocrine Update Series. The aim of these publications is to provide the clinician with cutting edge, yet succinct, access to the latest advances in endocrinology. Historically, our understanding of hormonal disturbances was restricted to the classical secretory glands and their targets. As Endocrinology of Cardiovascular Function so aptly indicates, endocrinology is no longer constrained by our early physiologic understanding of glandular disorder. Endocrinology of Cardiovascular Function has set the standard of excellence for the future volumes in this series. Shlomo Melmed, M.D. Series Editor, Endocrine Update Growth factors such as IGF-1 play important roles in cardiovascular cell hypertrophy and the response to acute vascular injury. From another perspective, traditional endocrine hormones, such as estrogen, have been found to participate in preventing the development of atherosclerosis in women, acting through novel mechanisms on target vascular cells. Other `endocrine' hormones, such as PTHRP and adrenomedullin, also modulate cardiovascular and renovascular dynamic states, suggesting new roles for these peptides as vasodilators. This multi-authored text is dedicated to highlighting emerging and important new information regarding the endocrinology of the cardiovascular system. Ellis R. Levin, M.D.

Decision Making

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Publisher : Greenwood
ISBN 13 :
Total Pages : 238 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Decision Making by : Sarojini Balachandran

Download or read book Decision Making written by Sarojini Balachandran and published by Greenwood. This book was released on 1987 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Individual and Small Group Decisions

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Publisher : Springer Science & Business Media
ISBN 13 : 1475720688
Total Pages : 184 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Individual and Small Group Decisions by : K.J. Radford

Download or read book Individual and Small Group Decisions written by K.J. Radford and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: ecision making is one of the most important activities in both our profes D sional and our private lives today. The literature on the subject has grown considerably over the last fifty years and it now covers many different approaches to the subject. These approaches range from that of creating a mathematical model of the decision situation under consideration, as in operations research and other forms of mathematical decision analysis, to those that are based on human and organizational behavior. Recently, those working in the field have begun to combine approaches to the study of decision situations that arise in organizations, in our personal lives and in the communities in which we live. This book is an attempt to assist those concerned with decision making to work with this combination of approaches. In the past, decision problems have been considered according to the condi tions under which they arise and to some extent in terms of the approaches available for their resolution. Writers on the subject who are mathematically oriented have devised a method of classifying decisions based on the type of mathematics that they suggest be used in the resolution of the problems. This approach leads to the division of decision situations into the categories of cer tainty, uncertainty, risk and competition. Deterministic models available in oper ations research have then been offered as the means of treating decision situations in the category of certainty.

Statistics and Econometrics

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Author :
Publisher : Gale Cengage
ISBN 13 :
Total Pages : 728 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Statistics and Econometrics by : Joseph Zaremba

Download or read book Statistics and Econometrics written by Joseph Zaremba and published by Gale Cengage. This book was released on 1980 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Building Decision Support Systems

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Publisher : Addison Wesley Publishing Company
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Building Decision Support Systems by : John L. Bennett

Download or read book Building Decision Support Systems written by John L. Bennett and published by Addison Wesley Publishing Company. This book was released on 1983 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measuring Service Performance

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Publisher : Gower Publishing, Ltd.
ISBN 13 : 1472411935
Total Pages : 215 pages
Book Rating : 4.4/5 (724 download)

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Book Synopsis Measuring Service Performance by : Dr Ralf Lisch

Download or read book Measuring Service Performance written by Dr Ralf Lisch and published by Gower Publishing, Ltd.. This book was released on 2014-03-28 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: In service societies, the tertiary sector has long become the primary sector in terms of GDP and employment. Quality research and testing means better service, and success in the service industries demands quality. Nonetheless, complaints about insufficient, inconsistent or bad service abound. Quality decides on success and failure. Where so much is at stake, management decisions call for systematic research and consumers look for relevant results that provide guidance in complex markets. Research into quality and customer satisfaction gets to the core of a business. However, many so-called studies hardly meet essential criteria of empirical research and deliver artefacts rather than facts. This book puts an end to common misconceptions of quality studies. Measuring Service Performance is an appeal for an approach to quality research that meets quality criteria itself. It is a compelling argument against widespread but rather dubious dealings with measurement, data and statistics. Ralf Lisch calls for a reconsideration of the research process, focussing on content instead of method and adding meaning to results. Because service excellence deserves research excellence. Written in a practical, accessible style, the book offers practitioners as well as market researchers, MBA students and others involved in the service sector a critical analysis and discussion of the essentials of 'Practical Research for Better Quality'.

Multiple Criteria Decision Making Kyoto 1975

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Publisher : Springer
ISBN 13 :
Total Pages : 390 pages
Book Rating : 4.:/5 (32 download)

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Book Synopsis Multiple Criteria Decision Making Kyoto 1975 by : M. Zeleny

Download or read book Multiple Criteria Decision Making Kyoto 1975 written by M. Zeleny and published by Springer. This book was released on 1976-04 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guided soul-searching for multi-criterion decisions; Interpersonal comparison of utilities; Group decision analysis; Externalizing the parameters of quasirational thought; Multivariate selection of students in a racist society: a systematically unfair approach; A multi-objective model for planning equal employment opportunities; Experiences in multiobjective management processes; The theory of the displaced ideal; The surrogate worth trade-off method with multiple decision makers; An interactive multiple objective decision making aid using nonlinear goal programming; Applications of multiple objectives to water resources; On the approximation of solutions to multiple criteria decision making problems; Why multicriteria decision aid may not fit in with theassessment of a unique criterion; Multiattribute preference functions of university administrators; Multicriteria simplex method: a fortran routine.

Value Assumptions in Risk Assessment

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Publisher : Wilfrid Laurier Univ. Press
ISBN 13 : 0889208735
Total Pages : 168 pages
Book Rating : 4.8/5 (892 download)

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Book Synopsis Value Assumptions in Risk Assessment by : Conrad G. Brunk

Download or read book Value Assumptions in Risk Assessment written by Conrad G. Brunk and published by Wilfrid Laurier Univ. Press. This book was released on 2006-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected by Choice as one of the outstanding publications for 1991. Are risk debates disputes between those who accept the findings of science and those who do not? Between good and bad science? Or is it possible that opposing assessments of risk, by scientific experts as well as ordinary citizens, reflect and are guided by dominant values held by the assessors? The following analysis of one of these debates supports the latter view. In it we suggest what those dominant values are, how they work within a risk assessment, and some implications of reconceiving risk debates as primarily debates about values.

The Impact of Needs, Knowledge, Ability and Living Arrangements on Decision Making of the Elderly

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Publisher :
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Impact of Needs, Knowledge, Ability and Living Arrangements on Decision Making of the Elderly by : David Guttmann

Download or read book The Impact of Needs, Knowledge, Ability and Living Arrangements on Decision Making of the Elderly written by David Guttmann and published by . This book was released on 1977 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Load Assumption for Fatigue Design of Structures and Components

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Publisher : Springer
ISBN 13 : 364255248X
Total Pages : 226 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Load Assumption for Fatigue Design of Structures and Components by : Michael Köhler

Download or read book Load Assumption for Fatigue Design of Structures and Components written by Michael Köhler and published by Springer. This book was released on 2017-06-07 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the fatigue behaviour of structural components under variable load amplitude is an essential prerequisite for safe and reliable light-weight design. For designing and dimensioning, the expected stress (load) is compared with the capacity to withstand loads (fatigue strength). In this process, the safety necessary for each particular application must be ensured. A prerequisite for ensuring the required fatigue strength is a reliable load assumption. The authors describe the transformation of the stress- and load-time functions which have been measured under operational conditions to spectra or matrices with the application of counting methods. The aspects which must be considered for ensuring a reliable load assumption for designing and dimensioning are discussed in detail. Furthermore, the theoretical background for estimating the fatigue life of structural components is explained, and the procedures are discussed for numerous applications in practice. One of the prime intentions of the authors is to provide recommendations which can be implemented in practical applications.