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Accounting For Unexpected Outcomes Within A Case Based Decision Theory Model
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Book Synopsis Accounting for Unexpected Outcomes Within a Case-based Decision Theory Model by : Natan Mark Magid
Download or read book Accounting for Unexpected Outcomes Within a Case-based Decision Theory Model written by Natan Mark Magid and published by . This book was released on 2010 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Theory of Case-Based Decisions by : Itzhak Gilboa
Download or read book A Theory of Case-Based Decisions written by Itzhak Gilboa and published by Cambridge University Press. This book was released on 2001-07-26 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gilboa and Schmeidler provide a new paradigm for modeling decision making under uncertainty. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning. They highlight its mathematical and philosophical foundations and compare it to expected utility theory as well as to rule-based systems.
Book Synopsis Case-based Decision Theory and Financial Markets by : Ani Vladimirova Guerdjikova
Download or read book Case-based Decision Theory and Financial Markets written by Ani Vladimirova Guerdjikova and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Prospect Theory by : Daniel Kahneman
Download or read book Prospect Theory written by Daniel Kahneman and published by . This book was released on 1979 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Case-based Decision Theory by : Torsten Neher
Download or read book Case-based Decision Theory written by Torsten Neher and published by . This book was released on 2009 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Experiment on Case-Based Decision Making by : Brit Grosskopf
Download or read book An Experiment on Case-Based Decision Making written by Brit Grosskopf and published by . This book was released on 2008 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: We experimentally investigate the disposition of decision makers to use case-based reasoning as suggested by Case-Based Decision Theory (Gilboa and Schmeidler, 1995). Our subjects face a monopoly decision problem about which they have very limited information. Information is presented in a manner which makes similarity judgements according to the feature matching model of Tversky (1977) very plausible. In a 2x2 between-subject design, we vary whether information about the current market is given, in addition to a history, or not. Furthermore, we investigate the impact feedback has on behavior in several independent markets by either giving immediate feedback about obtained profits or not. The results provide some support for the predictions of Case-Based Decision Theory, particularly when no immediate feedback is given. We also find evidence that other simple heuristics are used.
Book Synopsis Thinking, Fast and Slow by : Daniel Kahneman
Download or read book Thinking, Fast and Slow written by Daniel Kahneman and published by Farrar, Straus and Giroux. This book was released on 2011-10-25 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major New York Times bestseller Winner of the National Academy of Sciences Best Book Award in 2012 Selected by the New York Times Book Review as one of the ten best books of 2011 A Globe and Mail Best Books of the Year 2011 Title One of The Economist's 2011 Books of the Year One of The Wall Street Journal's Best Nonfiction Books of the Year 2011 2013 Presidential Medal of Freedom Recipient Kahneman's work with Amos Tversky is the subject of Michael Lewis's The Undoing Project: A Friendship That Changed Our Minds In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.
Book Synopsis Act-similarity in Case-based Decision Theory by : Itzhak Gilboa
Download or read book Act-similarity in Case-based Decision Theory written by Itzhak Gilboa and published by . This book was released on 1994 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Contribution of "case-based Decision Theory" to the Theory of Choice Under Uncertainty by : Emilio Asaro
Download or read book The Contribution of "case-based Decision Theory" to the Theory of Choice Under Uncertainty written by Emilio Asaro and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Human-Centric Decision-Making Models for Social Sciences by : Peijun Guo
Download or read book Human-Centric Decision-Making Models for Social Sciences written by Peijun Guo and published by Springer. This book was released on 2013-11-01 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume delivers a wealth of effective methods to deal with various types of uncertainty inherently existing in human-centric decision problems. It elaborates on comprehensive decision frameworks to handle different decision scenarios, which help use effectively the explicit and tacit knowledge and intuition, model perceptions and preferences in a more human-oriented style. The book presents original approaches and delivers new results on fundamentals and applications related to human-centered decision making approaches to business, economics and social systems. Individual chapters cover multi-criteria (multiattribute) decision making, decision making with prospect theory, decision making with incomplete probabilistic information, granular models of decision making and decision making realized with the use of non-additive measures. New emerging decision theories being presented as along with a wide spectrum of ongoing research make the book valuable to all interested in the field of advanced decision-making. The volume, self-contained in its nature, offers a systematic exposure to the concepts, design methodologies, and detailed algorithms. A prudent balance between the theoretical studies and applications makes the material suitable for researchers and graduate students in information, computer sciences, psychology, cognitive science, economics, system engineering, operation research and management science, risk management, public and social policy.
Book Synopsis The Handbook On Reasoning-based Intelligent Systems by : Kazumi Nakamatsu
Download or read book The Handbook On Reasoning-based Intelligent Systems written by Kazumi Nakamatsu and published by World Scientific. This book was released on 2013-01-18 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book consists of various contributions in conjunction with the keywords “reasoning” and “intelligent systems”, which widely covers theoretical to practical aspects of intelligent systems. Therefore, it is suitable for researchers or graduate students who want to study intelligent systems generally.
Book Synopsis Probabilistic Perspectives on Brain (dys)Function by : Karl Friston
Download or read book Probabilistic Perspectives on Brain (dys)Function written by Karl Friston and published by Frontiers Media SA. This book was released on 2021-08-02 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Case-based Decision Theory by : Ani Guerdjikova
Download or read book Case-based Decision Theory written by Ani Guerdjikova and published by . This book was released on 2002 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Surgical Patient Safety: A Case-Based Approach by : Philip F. Stahel
Download or read book Surgical Patient Safety: A Case-Based Approach written by Philip F. Stahel and published by McGraw Hill Professional. This book was released on 2017-10-06 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Put patient safety at the center of your surgical protocol—with this essential case-based guide Despite many advances in the practice of surgery, surgical complications continue to cause significant patient morbidity and mortality. Now more than ever, it is the responsibility of every surgeon to take the lead in understanding and mitigating complications and adverse events. Surgical Patient Safety: A Case-based Approach is your blueprint for putting this goal within reach. This timely resource gives you all the insights needed to effectively manage patient safety, covering everything from sharpening communication skills to establishing shared decision-making with patients and their families. Supplementing this important content are numerous case-based examples and exercises, supported by color illustrations, tables, figures, radiographs, and algorithms. Taken as a whole, this new textbook represents a one-stop, hands-on patient safety primer that no other sourcebook can match. Surgical Patient Safety represents a vital call to action—one designed to inspire a physician-driven initiative fostering a global culture of patient safety. Features • The latest practical patient safety tools for surgeons in training, including surgical safety checklists, intraoperative “rescue” strategies, and the global implementation of new regulatory compliance guidelines • Case-based scenarios examining technical challenges and bail-out options in the operating room • Bulleted “pearls and pitfalls” that take you through the decision-making process for diagnostic work up and revision of specific complications • Insights from renowned experts that explain how to handle malpractice lawsuits; navigate the modern dangers of electronic health records; apply the pragmatic “IKEA approach” for patient advocacy; and much more • A must-read for all practicing surgeons, independent of the surgical subspecialty
Book Synopsis Info-Gap Decision Theory by : Yakov Ben-Haim
Download or read book Info-Gap Decision Theory written by Yakov Ben-Haim and published by Elsevier. This book was released on 2006-10-11 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone makes decisions, but not everyone is a decision analyst. A decision analyst uses quantitative models and computational methods to formulate decision algorithms, assess decision performance, identify and evaluate options, determine trade-offs and risks, evaluate strategies for investigation, and so on. Info-Gap Decision Theory is written for decision analysts. The term "decision analyst" covers an extremely broad range of practitioners. Virtually all engineers involved in design (of buildings, machines, processes, etc.) or analysis (of safety, reliability, feasibility, etc.) are decision analysts, usually without calling themselves by this name. In addition to engineers, decision analysts work in planning offices for public agencies, in project management consultancies, they are engaged in manufacturing process planning and control, in financial planning and economic analysis, in decision support for medical or technological diagnosis, and so on and on. Decision analysts provide quantitative support for the decision-making process in all areas where systematic decisions are made. This second edition entails changes of several sorts. First, info-gap theory has found application in several new areas - especially biological conservation, economic policy formulation, preparedness against terrorism, and medical decision-making. Pertinent new examples have been included. Second, the combination of info-gap analysis with probabilistic decision algorithms has found wide application. Consequently "hybrid" models of uncertainty, which were treated exclusively in a separate chapter in the previous edition, now appear throughout the book as well as in a separate chapter. Finally, info-gap explanations of robust-satisficing behavior, and especially the Ellsberg and Allais "paradoxes", are discussed in a new chapter together with a theorem indicating when robust-satisficing will have greater probability of success than direct optimizing with uncertain models. - New theory developed systematically - Many examples from diverse disciplines - Realistic representation of severe uncertainty - Multi-faceted approach to risk - Quantitative model-based decision theory
Book Synopsis Decision Theory with a Human Face by : Richard Bradley
Download or read book Decision Theory with a Human Face written by Richard Bradley and published by Cambridge University Press. This book was released on 2017-10-26 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores how decision-makers can manage uncertainty that varies in both kind and severity by extending and supplementing Bayesian decision theory.
Book Synopsis Management Control Systems, Decision-Making, and Innovation Development by : Dawid Szutowski
Download or read book Management Control Systems, Decision-Making, and Innovation Development written by Dawid Szutowski and published by Taylor & Francis. This book was released on 2021-10-03 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: The systematic approach to innovation development today is one of the world’s most prominent scientific fields, and with good reason. When applied correctly, such system produces regular outcomes, which consistently drive lasting competitive advantage. Unfortunately, as much as it is beneficial, the orchestration of an undisturbed flow of multiple complex, dynamic, and flexible innovation development processes is structurally demanding. In this book, a recognised innovation management specialist sets the record straight, offering a comprehensive approach to the improvement of innovation efficiency with the use of management control system. Unlike other books on the subject, it proposes original representation – the CDI model – of the relationships between management control system, decision-making quality, and innovation system efficiency and explains why management control is fundamental to innovation management. In addition to that, inside the reader will find several original developments. These include: the info-deficiency (I-D) model, depicting the various parameters hindering decision-making in innovation development; the product innovation development (PID) system, offering the original function-based approach to innovation management; and the composite innovation index – specially designed tool intended to evaluate the efficiency of an innovation development system. It will be of interest to researchers, academics, practitioners, and advanced students in the fields of management, strategy, and innovation. Chapter 4 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license available at http://www.taylorfrancis.com