Operational research (OR) might exhibit a partial perspective in modelling decisional processes as rational processes, because individual choices are strictly in u- enced by cognitive and motivational biases which can be dierent among people and for each person in dierent situation. We point out that the level of information of each problem solver play an important role in causing inconsistent preferences, and we demonstrate that only about strict conditions decision models coincide with real choices, because only in particular cases the optimum and rational decision matches with the real one. Moreover, cognitive and motivational biases in uence also the mod- eler in the process of modelling. Behavioral Operational Research (BOR) ...
Starting from the normative approach, a decision as the outcome of the decision-making process shoul...
Decision making (DM) is ubiquitous in both natural and artificial systems. The decisions made often ...
Recent research has argued that several well-known judgment biases may be due to biases in the avail...
Rational models in decision processes are marked out by many anomalies, caused by behavioral issues....
Bounded rationality refers to problems where there is not adequate time or computational resources i...
Recent studies on decision analytics frequently refer to the topic of behavioral decision making (BD...
Common features between the domains of behavioural decision making and suggestional processes are di...
This thesis provides three original contributions to the field of Decision Sciences. The first contr...
ABSTRACT—For more than 30 years, decision-making re-search has documented that people often violate ...
ABSTRACT—For more than 30 years, decision-making re-search has documented that people often violate ...
Decision-makers are sometimes depicted as impulsive and overly influenced by ‘hot’, affective factor...
A model of a decision problem frames that problem in three dimensions: sample space, target probabil...
Although the principle of bounded rationality seems more realistic for formulating formal models of ...
Behavioral decision research has demonstrated that judgments and decisions of ordinary people and ex...
A good decision in isolation may be a bad decision in other conditions. Existing normative theories ...
Starting from the normative approach, a decision as the outcome of the decision-making process shoul...
Decision making (DM) is ubiquitous in both natural and artificial systems. The decisions made often ...
Recent research has argued that several well-known judgment biases may be due to biases in the avail...
Rational models in decision processes are marked out by many anomalies, caused by behavioral issues....
Bounded rationality refers to problems where there is not adequate time or computational resources i...
Recent studies on decision analytics frequently refer to the topic of behavioral decision making (BD...
Common features between the domains of behavioural decision making and suggestional processes are di...
This thesis provides three original contributions to the field of Decision Sciences. The first contr...
ABSTRACT—For more than 30 years, decision-making re-search has documented that people often violate ...
ABSTRACT—For more than 30 years, decision-making re-search has documented that people often violate ...
Decision-makers are sometimes depicted as impulsive and overly influenced by ‘hot’, affective factor...
A model of a decision problem frames that problem in three dimensions: sample space, target probabil...
Although the principle of bounded rationality seems more realistic for formulating formal models of ...
Behavioral decision research has demonstrated that judgments and decisions of ordinary people and ex...
A good decision in isolation may be a bad decision in other conditions. Existing normative theories ...
Starting from the normative approach, a decision as the outcome of the decision-making process shoul...
Decision making (DM) is ubiquitous in both natural and artificial systems. The decisions made often ...
Recent research has argued that several well-known judgment biases may be due to biases in the avail...