Economic decision-making compared with an equivalent motor task

Economic decision-making compared with an equivalent motor task.

There is considerable evidence that human economic decision-making deviates from the predictions of expected utility theory (EUT) and that human performance conforms to EUT in many perceptual and motor decision tasks. It is possible that these results reflect a real difference in decision-making in the 2 domains but it is also possible that the observed discrepancy simply reflects typical diffe...

An AHP-Delphi Multi-Criteria Decision Making Model with Application to Environmental Decision-Making

LNG decision making approaches compared.

Hazard zones associated with LNG handling activities have been a major point of contention in recent terminal development applications. Debate has reflected primarily worst case scenarios and discussion of these. This paper presents results from a maximum credible event approach. A comparison of results from several models either run by the authors or reported in the literature is presented. Wh...

Economic Decision-Making for Architectures

There is often a lack of connection between how executives and managers define and foresee value and how architects enable or disable those value propositions through their design decisions. This lack of effective communication causes the partnership between architects and executives to be a weak one. Opportunities are often missed where the architect may not only serve, but also inform executi...

Arousal and Economic Decision Making

Previous experiments have found that subjecting participants to cognitive load leads to poorer decision making, consistent with dual-system models of behavior. Rather than taxing the cognitive system, this paper reports the results of an experiment that takes a complementary approach: arousing the emotional system. The results indicate that exposure to arousing visual stimuli as compared to neu...