DECISION MAKING ON WEB PROJECT MANAGEMENT UNDER UNCERTAINTY

Decision making under uncertainty

Decision making under uncertainty

1 Laboratory of Computational Neuroscience, École Polytechnique Fédérale de Lausanne, Lausanne, Switzerland 2 Laboratoire de Recherché en Neuroimagerie, Le Centre Hospitalier Universitaire Vaudois, Lausanne, Switzerland 3 Information Processing and Economic Decision Making, Department of Psychology, Universität Konstanz, Konstanz, Germany 4 Economic Psychology, Department of Psychology, Univers...

Cognitive Constraints on Decision Making under Uncertainty

IntroductIon Models of decision making under uncertainty should be grounded in general cognitive processes reflecting pervasive constraints from the nature of our environment. Developing integrated models applicable across different tasks provides converging constraints that increase the predictiveness of models to new situations. Decision making is such a rich discipline that it is often consi...

Reflections on Decision Making under Uncertainty

Decision Making under Extreme Uncertainty

Beliefs about an unknown distribution can be defined as a measure on the space of probability density functions. This paper (1) characterizes the set of beliefs that satisfy invariance postulates (2) establishes that updating invariant beliefs leads to a posterior distribution with tail asymptotically approaching 1 x(lnx)n . Note to seminar participant at Wharton: Part I of this paper is primar...