ARTÍCULO
TITULO

Simulation Models of Human Decision-Making Processes

Nina RIZUN    
Yurii TARANENKO    

Resumen

The main purpose of the paper is presentation of the new concept of human decision-making process modeling via using the analogy with Automatic Control Theory. From the author's point of view this concept allows to develop and improve the theory of decision-making in terms of the study and classification of specificity of the human intellectual processes in different conditions. It was proved that the main distinguishing feature between the Heuristic / Intuitive and Rational Decision-Making Models is the presence of so-called phenomenon of "enrichment" of the input information with human propensity, hobbies, tendencies, expectations, axioms and judgments, presumptions or bias and their justification. In order to obtain additional knowledge about the basic intellectual processes as well as the possibility of modeling the decision results in various parameters characterizing the decision-maker, the complex of the simulation models was developed. These models are based on the assumptions that:  basic intellectual processes of the Rational Decision-Making Model can be adequately simulated and identified by the transient processes of the proportional-integral-derivative controller; basic intellectual processes of the Bounded Rationality and Intuitive Models can be adequately simulated and identified by the transient processes of the nonlinear elements.The taxonomy of the most typical automatic control theory elements and their compliance with certain decision-making models with a point of view of decision-making process specificity and decision-maker behavior during a certain time of professional activity was obtained.

 Artículos similares

       
 
Michael Chaiton, Jolene Dubray, G. Emmanuel Guindon and Robert Schwartz    
Smoking causes substantial amount of mortality and morbidity. This article presents the findings from simulation models that projected the impact of five potential Tobacco Endgame strategies on smoking prevalence in Ontario by 2035 and expected impact of... ver más
Revista: Forecasting

 
Faten Al-Jabsheh,Sulayman Al-Qudsi,Mohammed A. Hajeeh     Pág. 41 - 52
Endogenous economic growth theories have pointed to private investment as one of the determinants of long run, sustainable economic growth; a well-studied relationship in the development economics literature, both theoretically and empirically. One of th... ver más

 
Patrizio Vanella, Philipp Deschermeier and Christina B. Wilke    
Population projections serve various actors at subnational, national, and international levels as a quantitative basis for political and economic decision-making. Usually, the users are no experts in statistics or forecasting and therefore lack the metho... ver más
Revista: Forecasting

 
Phan Van Thành DOI: 10.26459/hueuni-jed.v128i5B.4375     Pág. 13?21
Abstract: On the basis of the grey prediction models, this study uses the previous data (from 1980 to 2014) from the website of the World Bank and applies two algorithm models to forecast the electricity consumption in Vietnam. The simulation results sho... ver más

 
Truong Hong Trinh     Pág. 25 - 36
This paper explores the value concept that is important in determining the relationship between demand and supply, and resource allocation in the economy. From value creation perspective, the value concept is redefined to explain value creation and value... ver más