Concerns highlight need to make faster decisions

People Gather Only the Information They Need to Make Decisions

Imagine that you’re driving down the freeway on a foggy day. Struggling to read an exit sign, you stare at it for several seconds before you can make out enough of the letters to determine that it’s the right exit. In the past, you hardly glanced at the same sign when using that off-ramp. This phenomenon illustrates an adaptive feature of brain function. To conserve energy, you should exert a m...

Specialists make faster decisions than generalists: experiments with aphids

Theoretical studies and a few recent experimental reports suggest that the evolution of diet breadth in herbivorous insects is constrained by a limited neural ability to e¤ciently process large amounts of information in short periods of time. This neural-constraints hypothesis predicts that generalist herbivores should make slower or poorer decisions than specialists when selecting plants, beca...

Using Markets To Make Decisions

Over the last decade considerable attention has been given to the possibilities of predicting political and other events by observing the outcome of appropriately designed experimental markets. In the Iowa Presidential Stock Market (cf. Forsythe et al. [1992]) the outcome of the U.S. presidential election was predicted successfully through observations of a stock market, where individual experi...

Does the Ability to Make a New Business Need More Risky Choices during Decisions? Evidences for the Neurocognitive Basis of Entrepreneurship

Model in Order to Make Effective Decisions in Selecting Advertising Media by Goal Programming(GP)

In recent years according to the growing companies andproducts supplied, and competition between them has intensified. Productsand diversity, one of the main concerns of commercial institutions.Therefore, selecting the media to introduce and is important therelationship between customers’ products. Given the multiplicity of mediain promoting and marketing the products, they are the optimalchoic...