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likely decision. We conclude that expert judgment should not be used for predicting decisions that people will make in … conflicts. When decision makers ask experts for their opinions, they are likely to overlook other, more useful, approaches. …
Persistent link: https://www.econbiz.de/10009439172
Substantial evidence indicates that information is distorted during decision making. However, no studies have assessed … information in the direction of their preferred decision alternative and used these biased evaluations to update their preferences …
Persistent link: https://www.econbiz.de/10009440971
Substantial evidence indicates that information is distorted during decision making. However, no studies have assessed … probability information in the direction of their preferred decision alternative and used these biased evaluations to update their …
Persistent link: https://www.econbiz.de/10009441297
the designated use? To address this question I used a combination of water quality modeling and decision analysis to … nutrient criteria variables, I applied a decision-analytic approach to nutrient criteria setting in North Carolina. I developed … level would be the choice that maximized the expected value. Using the preferences of North Carolina environmental decision …
Persistent link: https://www.econbiz.de/10009475372
Probability forecasts play an important role in many decision and risk analysis applications. Research and practice …, may it come from experts, models or data, become important to the decision maker. In this regard, strictly proper scoring … information theory and to well-founded decision models when framed in an expected utility maximization context. In applications …
Persistent link: https://www.econbiz.de/10009475514
general, and mobile ICT in particular, and develops an integrative ICT adoption decision framework. From this synthesis we … identify four broad elements that influence an enterprise s decision to adopt mobile ICT: (1) business value, (2) costs and … economics, (3) strategic alignment, and (4) enterprise readiness. The latter decision element has received only little …
Persistent link: https://www.econbiz.de/10009476099
conducting early testing in the product development phase. The normative approach in this research consists of three decision … of the product worthwhile, and is “process perfection” a wise economic objective? This research builds a decision … analytic model for the decision to incorporate a Six Sigma quality process. The objective is to evaluate the economic impact of …
Persistent link: https://www.econbiz.de/10009477863
. First, a decision problem is defined. Next, the conjoint analysis method and its connections with ANOVA as well as …
Persistent link: https://www.econbiz.de/10009482356
Customers change their preferences while getting more familiar with services or being motivated to change their buying habits. Different sources of motivation induce customers to change their behavior: an advertisement, a leader in a reference group, satisfaction from services usage and other...
Persistent link: https://www.econbiz.de/10009482364
los momentos de orden superior en la decisión de formar una cartera de activos. En particular, demostramos que las … aversion— played by higher-order moments in the optimal decision to form a portfolio of risky assets. In particular, we show …
Persistent link: https://www.econbiz.de/10012530477