The Role of Cognitive Modeling in Enhancing Dynamic Decisions

Dynamic Decision Making is characterized by multiple and interdependent decisions, autonomous environments, and real-time evaluation and action (Brehmer, 1990). There seems to be increasing agreement on how we make decisions in this type of situations. Decision makers in dynamic environments recognize typical situations and typical responses and use their knowledge to adapt their strategies “on the fly ” (Payne, Bettman, and Johnson, 1993; Klein, 1998). Many cognitive models have been developed in the past decade to investigate different aspects of cognition in these environments: attention and multitasking (Lebiere, Anderson and Bothell, 2001; Altmann and Gray, 2000); judgment and choice in decision making (Gonzalez, Lerch and Lebiere, submitted); and skill acquisition in dynami