Search Results - subject:"human decision making"

Three different ways synchronization can cause contagion in financial markets

Massad, Naji; Andersen, Jørgen Vitting - In: Risks 6 (2018) 4, pp. 1-13

We introduce tools to capture the dynamics of three different pathways, in which the synchronization of human decision-making … happens due to 'change blindness', a trait in human decision-making where people have the tendency to ignore small changes … and its impact on human decision-making. A model is introduced in which financial market performance has an impact on …

Persistent link: https://www.econbiz.de/10011996649

Three different ways synchronization can cause contagion in financial markets

Massad, Naji; Andersen, Jørgen Vitting - In: Risks : open access journal 6 (2018) 4, pp. 1-13

We introduce tools to capture the dynamics of three different pathways, in which the synchronization of human decision-making … happens due to “change blindness”, a trait in human decision-making where people have the tendency to ignore small changes … and its impact on human decision-making. A model is introduced in which financial market performance has an impact on …

Persistent link: https://www.econbiz.de/10011906238

Analyzing resource use decisions under global change by agent-based modeling

Dreßler, Gunnar - Helmholtz-Zentrum für Umweltforschung - 2017

Persistent link: https://www.econbiz.de/10012292444

Social-ecological modeling for policy analysis in transformative land systems : supporting evaluation and communication for sustainability : dissertation cumulative

Thober, Jule - 2016

Persistent link: https://www.econbiz.de/10012269214

Simulation Models of Human Decision-Making Processes

RIZUN, Nina; TARANENKO, Yurii - In: Management Dynamics in the Knowledge Economy Journal 2 (2014) 5, pp. 241-264

The main purpose of the paper is the presentation of the new concept of human decision-making process modelling using …

Persistent link: https://www.econbiz.de/10011082671

How Awareness Changes the Relative Weights of Evidence During Human Decision-Making

Lange, Floris P de; Gaal, Simon van; Lamme, Victor A. F; … - eSocialSciences - 2011

Human decisions are based on accumulating evidence over time for different options. Here a simple question is asked: How is the accumulation of evidence affected by the level of awareness of the information? The influence of awareness on decision-making is examined using combined behavioral...

Persistent link: https://www.econbiz.de/10009395236