Convergence in human decision-making dynamics

نویسندگان

  • Ming Cao
  • Andrew Reed Stewart
  • Naomi Ehrich Leonard
چکیده

A class of binary decision-making tasks called the two-alternative forced-choice task has been used extensively in psychology and behavioral economics experiments to investigate human decision making. The human subject makes a choice between two options at regular time intervals and receives a reward after each choice; for a variety of reward structures, these experiments showconvergence of the aggregate behavior to rewards that are often suboptimal. In this paper we present two models of human decision making: one is the Win-Stay, Lose-Switch (WSLS) model and the other is a deterministic limit of the popular Drift Diffusion (DD) model. With these models we prove the convergence of human behavior to the observed aggregate decision making for reward structures with matching points. The analysis is motivated by human-in-the-loop systems, where humans are often required to make repeated choices among finite alternatives in response to evolving systemperformancemeasures.Wediscuss application of the convergence result to the design of human-in-the-loop systems using a map from the human subject to a human supervisor. © 2009 Elsevier B.V. All rights reserved.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Convergence in a sequential two stages decision making process

We analyze a sequential decision making process, in which at each stepthe decision is made in two stages. In the rst stage a partially optimalaction is chosen, which allows the decision maker to learn how to improveit under the new environment. We show how inertia (cost of changing)may lead the process to converge to a routine where no further changesare made. We illustrate our scheme with some...

متن کامل

Benchmark Forecasting in Data Envelopment Analysis for Decision Making Units

Although DEA is a powerful method in evaluating DMUs, it does have some limitations. One of the limitations of this method is the result of the evaluation is based on previously data and the results are not proper for forecasting the future changes. So For this purpose, we design feedback loops for forecasting inputs and outputs through system dynamics and simulation. Then we use DEA model to f...

متن کامل

Fuzzy Multi-criteria decision making approach for human capital evaluation of municipal districts

People in every organization could be considered as the most important resource which contributes to the development of that organization. In fact, human capital is the most important dimension of organization’s intellectual capital especially in service-oriented organizations like municipality. Therefore, the main purpose of this paper is to introduce a suitable framework for human capital eva...

متن کامل

A conjugate gradient based method for Decision Neural Network training

Decision Neural Network is a new approach for solving multi-objective decision-making problems based on artificial neural networks. Using inaccurate evaluation data, network training has improved and the number of educational data sets has decreased. The available training method is based on the gradient decent method (BP). One of its limitations is related to its convergence speed. Therefore,...

متن کامل

A Recurrent Neural Network to Identify Efficient Decision Making Units in Data Envelopment Analysis

In this paper we present a recurrent neural network model to recognize efficient Decision Making Units(DMUs) in Data Envelopment Analysis(DEA). The proposed neural network model is derived from an unconstrained minimization problem. In theoretical aspect, it is shown that the proposed neural network is stable in the sense of lyapunov and globally convergent. The proposed model has a single-laye...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • Systems & Control Letters

دوره 59  شماره 

صفحات  -

تاریخ انتشار 2010