The aim of this article is to propose a multi-objective decision-making method for researching and solving multi-attribute heterogeneous group decision-making problems. This is in the case that the characters of the decision information and decision makers' preferences are heterogeneous, and the...

Purpose – The paper's aim is to design and describe a new mathematical ware instrument allowing to facilitate group decision-making process with feedback. Design/methodology/approach – The aim is achieved through the development of a method for achieving sufficient consistency of individual...

Purpose Recently, Modell (2022) and James et al. (2020) provided reviews of the performance management literature that subscribe to an institutional or behavioral perspective, respectively. This article draws attention to an alternative theoretical approach – the relational perspective....

Zusammenfassung Seit mehreren Jahren bereits erfreut sich die Erstellung von Rankings immer größerer Beliebtheit. Aber trotz dieser Beliebtheit zeigen viele Rankings erschreckende Schwächen bezüglich der Verwendung statistischer Methoden. Ein besonderes Problem (vor allem wegen seiner...

This paper tests empirically four models of bounded rationality using data from first responses in a Cournot duopoly experiment. Specifically, the models considered are Level-k, Quantal Response Equilibrium, Noisy Introspection and Logit Cognitive Hierarchy. It is found that the Level-k model...

Guessing games are often used in the behavioral economics literature to investigate the rationality of economic agents. In this paper, the author uses a typical guessing game to examine not only the rationality of the test subjects but also the degree of their strategic uncertainty in playing...

In this manuscript, the author proposes a model that constitutes a generalization of the El Farol Bar problem. In this model, in each period, each one of the n agents decides the arrival time at a theatre with free entry in which there are k (kn) seats. Each individual wants to minimize the...

The aim of this work is to review a specific learning analytics method - sentiment analysis - in the field of Higher Education, showing how it is employed to monitor student satisfaction on different platforms, and to propose an architecture of Sentiment Analysis for Higher Education purposes,...

This paper discusses the development of a neuroeconomic model of decision-making (DM). The method used was a review of functional Magnetic Resonance Imaging of game trials on economic choice. Key centers in economic DM are Ventromedial Prefrontal Cortex, Dorsolateral Prefrontal Cortex,...

Abstract This paper explores the use of heuristic search algorithms for modeling human decision making. It is shown that this algorithm is consistent with many observed behavioral regularities, and may help explain deviations from rational choice. The main insight is that the heuristic function...