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The research into agent-based intelligent decision support systems is important to the medical industry because these systems can be used to improve the quality of healthcare in many ways. The areas these systems can be used in are diverse from the storage of medical records to the examination...
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Algorithm-based decision support systems play an increasingly important role in decisions involving exploration tasks, such as product searches, portfolio choices, and human resource procurement. These tasks often involve a trade-off between exploration and exploitation, which can be highly...
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We present the first calibration of quantum decision theory (QDT) to an empirical data set. The data comprise 91 …. The prediction of choice reversal is then refined by introducing heterogeneity between decision makers through a …
Persistent link: https://www.econbiz.de/10011516615
providing a particular set of tasks – prediction tasks. Prediction about uncertain states of the world is an input into decision …-making. We show that prediction allows riskier decisions to be taken and this is its impact on observed productivity although it … prediction technology improves. Judgment is exercised when the objective function for a particular set of decisions cannot be …
Persistent link: https://www.econbiz.de/10012052459
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
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Decision Support Systems under Multiple Objectives (MODSS) has been classified as a specific type of system within the broad family of DSS and has been one of the most active areas of research. However, despite its theoretical development large scale real-world applications of multi-objective...
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