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Choice, Decision, and Measurement by A.A.J. Marley Pdf
This volume is the result of a conference held at the University of California, Irvine, on the topics that provide its title -- choice, decision, and measurement. The conference was planned, and the volume prepared, in honor of Professor R. Duncan Luce on his 70th birthday. Following a short autobiographical statement by Luce, the volume is organized into four topics, to each of which Luce has made significant contributions. The book provides an overview of current issues in each area and presents some of the best recent theoretical and empirical work. Personal reflections on Luce and his work begin each section. These reflections were written by outstanding senior researchers: Peter Fishburn (Preference and Decision Making), Patrick Suppes (Measurement Theory and Axiomatic Systems), William J. McGill (Psychophysics and Reaction Time), and W.K. Estes (Choice, Identification and Categorization). The first section presents recent theoretical and empirical work on descriptive models of decision making, and theoretical results on general probabilistic models of choice and ranking. Luce's recent theoretical and empirical work on rank- and sign-dependent utility theory is important in many of these contributions. The second section presents results from psychophysics, probabilistic measurement, aggregation of expert opinion, and test theory. The third section presents various process oriented models, with supportive data, for tasks such as redundant signal detection, forced choice, and absolute identification. The final section contains theory and data on categorization and attention, and general theoretical results for developing and testing models in these domains.
Choice, Decision, and Measurement by A.A.J. Marley Pdf
This volume is the result of a conference held at the University of California, Irvine, on the topics that provide its title -- choice, decision, and measurement. The conference was planned, and the volume prepared, in honor of Professor R. Duncan Luce on his 70th birthday. Following a short autobiographical statement by Luce, the volume is organized into four topics, to each of which Luce has made significant contributions. The book provides an overview of current issues in each area and presents some of the best recent theoretical and empirical work. Personal reflections on Luce and his work begin each section. These reflections were written by outstanding senior researchers: Peter Fishburn (Preference and Decision Making), Patrick Suppes (Measurement Theory and Axiomatic Systems), William J. McGill (Psychophysics and Reaction Time), and W.K. Estes (Choice, Identification and Categorization). The first section presents recent theoretical and empirical work on descriptive models of decision making, and theoretical results on general probabilistic models of choice and ranking. Luce's recent theoretical and empirical work on rank- and sign-dependent utility theory is important in many of these contributions. The second section presents results from psychophysics, probabilistic measurement, aggregation of expert opinion, and test theory. The third section presents various process oriented models, with supportive data, for tasks such as redundant signal detection, forced choice, and absolute identification. The final section contains theory and data on categorization and attention, and general theoretical results for developing and testing models in these domains.
A Method for Measuring Decision Assumptions by Jarrod W. Wilcox Pdf
The research reported here deals with finding why people make some choices rather than others, why different people make different decisions in objectively similar situations. The book requires that its reader have some basic knowledge of statistical methods, and, since, it cuts across normally separate fields, it requires an adventuresome spirit. But, in return, the reader may expect to gain the use of a powerful tool that can be applied in his own practical projects and social science research.The message is on two levels. On one, the work is a practical handbook for application. On the other, it discusses some fundamental issues in the theory of decision-making and the social sciences.The book presents an application method for measuring assumptions realistic enough for use in management context. In a test-case study, the author uncovered startling diversity in the attributes investors use in picking stocks. More generally, such measures of assumptions are useful in managerial planning and control to aid in decision-making consistence, in learning to revise decision assumptions, and in designing information systems to support decision-making. They are also useful in improving joint decision-making and communication. Still other important applications are possible in consumer market research and in operations research modeling of decision processes. These applications are described with suggestive examples.To the management scientist the author seeks to show the benefits of extending explicitness beyond the traditional bounds of information systems into the realm of subjective decision assumptions. That is, subjective assumptions made explicit in a practical manner are employed as useful inputs to managerial information systems.Such measurement methods as reported here may also have widespread use in building social theory. Individual decision assumptions are key variables in microeconomics, in political science, in organization theory, and in the sociology of knowledge. Their measures play an analogous role in social science to that of thermometers in the development of thermodynamics.The material is developed as follows: First, the problem of discovering the assumptions which underlie decisions is sketched broadly. Alternative possible measurement approaches and theories are then described in logical order. An outline of the method for measuring assumptions is followed by the account of its use in a case study of stock market participants. It is this narrative that provides a practical handbook for the reader's use. A number of prototype applications are shown in some detail. The final chapters propose uses of the method for research in the social sciences and in accounting and the financial markets.
Measurement, Judgment, and Decision Making by Michael H. Birnbaum Pdf
Measurement, Judgment, and Decision Making provides an excellent introduction to measurement, which is one of the most basic issues of the science of psychology and the key to science. Written by leading researchers, the book covers measurement, psychophysical scaling, multidimensional scaling, stimulus categorization, and behavioral decision making. Each chapter provides a useful handbook summary and unlocks the door for a scholar who desires entry to that field. Any psychologist who manipulates an independent variable that affects a psychological construct or who uses a numerical dependent variable to measure a psychological construct will want to study this book. Written by leading researchers in fields of measurement, psychophysical scaling, multidimensional scaling, stimulus categorization, and behavioral decision making Provides basic definitions and summaries of theories Presents summaries and citations to relevant literature Contains new developments, current controversies, and open questions Explains relationships among fields and historical links
Value-Based Software Engineering by Stefan Biffl,Aybuke Aurum,Barry Boehm,Hakan Erdogmus,Paul Grünbacher Pdf
The IT community has always struggled with questions concerning the value of an organization’s investment in software and hardware. It is the goal of value-based software engineering (VBSE) to develop models and measures of value which are of use for managers, developers and users as they make tradeoff decisions between, for example, quality and cost or functionality and schedule – such decisions must be economically feasible and comprehensible to the stakeholders with differing value perspectives. VBSE has its roots in work on software engineering economics, pioneered by Barry Boehm in the early 1980s. However, the emergence of a wider scope that defines VBSE is more recent. VBSE extends the merely technical ISO software engineering definition with elements not only from economics, but also from cognitive science, finance, management science, behavioral sciences, and decision sciences, giving rise to a truly multi-disciplinary framework. Biffl and his co-editors invited leading researchers and structured their contributions into three parts, following an introduction into the area by Boehm himself. They first detail the foundations of VBSE, followed by a presentation of state-of-the-art methods and techniques. The third part demonstrates the benefits of VBSE through concrete examples and case studies. This book deviates from the more anecdotal style of many management-oriented software engineering books and so appeals particularly to all readers who are interested in solid foundations for high-level aspects of software engineering decision making, i.e., to product or project managers driven by economics and to software engineering researchers and students.
Cost-Benefit Analysis and the Theory of Fuzzy Decisions by K. K. Dompere Pdf
This monograph is devoted to the identification and measurement theory of costs and benefits in a fuzzy information environment. The process of cost-benefit analysis is presented, requiring the development of real cost-benefit databases and the construction of cost-benefit criterion. These steps are accomplished with various theoretical constructs that provide sets of self-contained algorithms for application. This book integrates cost-benefit analysis, theory of fuzzy decisions and social decisions into unified decision algorithms accessible to practitioners, researchers, and graduate students. It features the essentials of fuzzy mathematics and algorithms in a comprehensive way, exposing a multi-disciplinary approach for the development of cost-benefit decision making in the framework of fuzziness and soft computing.
Measurements for Decision Making by Giulio Barbato,Alessandro Germak,Gianfranco Genta Pdf
In the technical-scientific field, many decisions are supported by measurements. However, it is essential to assign to measurement results their actual meaning to achieve a correct decision. This aspect is particularly important and formally required when operating in Quality Systems. Therefore, measures management must be rigorous and it can find a concrete support in the topics discussed in this volume, because of the attention to metrological part and the removal of unnecessary restrictions.
The Measurement and Analysis of Housing Preference and Choice by Sylvia J.T. Jansen,Henny C.C.H. Coolen,Roland W. Goetgeluk Pdf
What are the current trends in housing? Is my planned project commercially viable? What should be my marketing and advertisement strategies? These are just some of the questions real estate agents, landlords and developers ask researchers to answer. But to find the answers, researchers are faced with a wide variety of methods that measure housing preferences and choices. To select and value a valid research method, one needs a well-structured overview of the methods that are used in housing preference and housing choice research. This comprehensive introduction to this field offers just such an overview. It discusses and compares numerous methods, detailing the potential limitation of each one, and it reaches beyond methodology, illustrating how thoughtful consideration of methods and techniques in research can help researchers and other professionals to deliver products and services that are more in line with residents’ needs.
Choice, Welfare and Measurement by Amartya Sen Pdf
"Choice, Welfare and Measurement contains many of Amartya Sen's most important contributions to economic analysis and methods, including papers on individual and social choice, preference and rationality, and aggregation and economic measurement. A substantial introductory essay interrelates his diverse concerns, and also analyzes discussions generated by the original papers, focusing on the underlying issues."--P. [4] of cover.
Treatment Decision after Anterior Cruciate Ligament Injury, and Evaluation of Measurement Properties of a Patient Reported Outcome Measure by Hanna Tigerstrand Grevnerts Pdf
Background: After an ACL injury, treatment aims to restore knee function. Evaluation of treatment progress is important, and adequate measurement methods are necessary. The International Knee Documentation Committee- Subjective Knee Form (IKDC-SKF) is a common patient-reported outcome measure (PROM) used after ACL injury. It evaluates symptoms, function and physical activity. The IKDC-SKF had not been translated to Swedish language for use in Swedish clinical and research settings. The measurement properties of the IKDC-SKF had been tested, but no assessment of methodological quality of the studies investigating it, nor compiling of results, was published. Sooner or later after an ACL injury, a treatment decision must be made. Treatment options are either ACL reconstruction (ACLR) plus rehabilitation, or rehabilitation alone. There are guidelines stating that a decision for ACLR should be made if the patient has high activity demands and/or knee instability. It is unclear which factors orthopaedic surgeons and physiotherapists prioritise when recommending ACLR. It is also unclear when the decision for treatment is taken, on what grounds, and how treatment decision correlates to patients reported symptoms and function. Aims: The overall aim of this thesis was to evaluate the measurement properties of a patient-reported measure for evaluation of function after ACL injury and treatment, and to overview the treatment decision process after an ACL injury. Methods: A systematic review was conducted to assess the measurement properties of the IKDC-SKF. The IKDC-SKF was translated from English to Swedish, and the Swedish version was tested for reliability, validity, responsiveness and interpretability. A survey study was conducted, where 98 orthopaedic surgeons and 391 physiotherapists rated 21 predefined factors based on importance to the decision for ACLR. Orthopadic surgeons and physiotherapists rated how important they considered their own, their counterparts’ and patient’s wishes for treatment decision making. In a prospective cohort study, patients with an ACL injury were followed from within 6 weeks up to 12 months after injury. Data regarding treatment chosen, when and why, 11were described and compared to patient-reported pre-injury activity level, instability and function. Results: The English and Swedish version of the IKDC-SKF had good measurement properties and interpretability. Swedish orthopaedic surgeons and physiotherapists considered young age, high activity demands, knee-demanding occupation, and knee instability despite adequate rehabilitation indications to recommend ACLR. An early decision for ACLR was primarily based on high activity demands. A later decision was mainly due to instability and high activity demands. A decision taken later than five months after injury was based mainly on instability. A decision for non-operative treatment taken and maintained during the first 12 months after injury was mainly due to sufficient function or no instability problems, and patients were older than other groups. Conclusions: The patient-reported outcome measurement IKDC-SKF was suitable for evaluation and assessment in patients with ACL injury. ACLR as treatment after an ACL injury was recommended for young patients and/or those with high activity demands (i.e. knee demanding occupation and/or instability despite adequate rehabilitation). An early decision for ACLR was more often based on high activity demands, while later decisions were more often based upon perceived instability. Non-operative treatment decisions were often based upon lack of instability problems or sufficient knee function. Self-reported instability and function during the first three months after ACL injury were no different in patients who chose ACLR treatment or who chose non-operative treatment. Bakgrund: Efter en främre korsbandsskada syftar behandlingen att återställa knäfunktionen. Utvärdering av framstegen är av vikt, och adekvata mätmetoder för detta är nödvändigt. International Knee Documentation Committtee Subjective Knee Form (IKDC-SKF) är ett patientskattningsformulär som är välanvänt över hela världen vid främre korsbandsskador. Det utvärderar symptom, funktion och fysisk aktivitet. Det har inte funnits tillgängligt på svenska tidigare och det har heller inte funnits någon sammanställning över formulärets mätegenskaper. Efter en främre korsbandsskada måste förr eller senare beslut om behandling fattas, om patienten ska genomgå en rekonstruktionsoperation för främre korsbandet, med efterföljande rehabilitering, eller enbart rehabilitering. Det finns riktlinjer som gör gällande att en korsbandsrekonstruktion kan vara ett adekvat alternativ när patienten har höga aktivitetskrav eller lider av instabilitet i knäleden. Det är dock ej fastställt vilka faktorer ortopedläkare och fysioterapeuter anser viktiga för att rekommendera rekonstruktionsoperation. Det är inte heller klargjort när efter skada och på vilka grunder faktiska behandlingsbeslut fattas, och hur orsaken till beslutet hänger samman med patientens självrapporterade symptom och funktion. Syfte: Det övergripande syftet med avhandlingen var att utvärdera mätegenskaper för ett patientskattningsformulär som utvärderar funktion efter en främre korsbandsskada, samt att överblicka beslutsprocessen för behandling efter en främre korsbandsskada. Metod: En systematisk genomgång utfördes av studier som utvärderat mätegenskaper för IKDC-SKF. Studierna värderades avseende metodologi och resultat. IKDC-SKF översattes till svenska, och den svenska versionens mätegenskaper prövades. En enkätstudie utfördes där 98 svenska ortopedläkare och 391 svenska fysioterapeuter fick skatta 21 faktorers betydelse för valet att rekommendera rekonstruktionsoperation av främre korsbandet. Ortopedläkare och fysioterapeuter fick även skatta vikten av sin egen och motpartens bedömning samt patientens önskan, i valet av behandling. I en prospektiv kohortstudie följdes 219 patienter med en främre korsbandsskada, från 6 veckor och upp till 12 månader efter skadan. Data om vilken behandling patienten genomgått, när behandling valdes och grunder för behandling samlades in från patient och ortopedläkare och jämfördes med patientskattad aktivitetsnivå innan skada, instabilitet och funktion. Resultat: Den systematiska genomgången av IKDC-SKF och prövningen av den svenska versionens mätegenskaper visade att IKDC-SKF uppvisar goda mätegenskaper och går att tolka i kliniken? Svenska ortopedläkare och fysioterapeuter anser att ung ålder, höga aktivitetskrav, knäkrävande arbete och instabilitet trots adekvat rehabilitering är faktorer som indicerar behov av rekonstruktionsoperation av främre korsbandet. Ett tidigt beslut för rekonstruktionsoperation efter främre korsbandsskada fattas i hög grad på grund av höga aktivitetskrav, och dessa patienter har även högre aktivitetsnivå innan skada. Ett senare beslut för rekonstruktionsoperation fattas i hög grad på grund av instabilitet och höga aktivitetskrav, medan ett sent beslut fattas i hög grad på grund av instabilitet. Ett beslut att enbart behandla med rehabilitering fattas i hög grad på grund av att patienten har tillräckligt god funktion eller inte har några besvär från instabilitet. Det var inga skillnader i patientskattad funktion och instabilitet mellan de patienter där rekonstruktionsoperation valdes och de som valde att behandla med enbart rehabilitering. Sammanfattning: IKDC-SKF visar goda mätegenskaper och kan rekommenderas för användning hos patienter med en främre korsbandsskada och andra knärelaterade diagnoser. Efter en främre korsbandsskada fattas ett tidigt beslut för rekonstruktionsoperation på grund av höga aktivitetskrav. Ett senare beslut för rekonstruktionsoperation fattas när patienten lider av instabilitet och nedsatt knäfunktion, medan ett beslut för enbart rehabilitering valdes när funktion och knästabilitet var god. Det var inga skillnader mellan patienter där man valt rekonstruktionsoperation och enbart rehabilitering, avseende skattad funktion och instabilitet. Både ortopedläkarens och fysioterapeutens bedömning samt patientens önskan är viktig i valet av behandling.
Measuring Consumer Behavior in Hospitality for Enhanced Decision Making by Ramos, Célia M.Q.,Sousa, Carlos M.R.,Matos, Nelson M.S.,Ashqar, Rashed Isam Pdf
To improve the hospitality and tourism services provided to customers, it is necessary for managers to acquire knowledge about their customers’ and prospects’ journeys in order to give back to customers in the form of new offerings such as adequate products, services, and user design experiences according to the characteristics of potential consumers. Only in this way will it be possible to innovate consumer experience in the hospitality sector. Measuring Consumer Behavior in Hospitality for Enhanced Decision Making studies online consumer behavior along with other complementary marketing, hospitality, and tourism disciplines, thus gaining a holistic view of the current consumption during the COVID-19 context, which led to structural changes during the digital customer journey touchpoints. Covering topics such as e-commerce websites, price-setting strategies, and intellectual capital, this premier reference source is ideal for entrepreneurs, executives, managers, business leaders, government officials, marketers, students and educators of higher education, librarians, researchers, and academicians.
Beliefs, Interactions and Preferences by Mark J. Machina,Bertrand Munier Pdf
Beliefs, Interactions and Preferences in Decision Making mixes a selection of papers, presented at the Eighth Foundations and Applications of Utility and Risk Theory (`FUR VIII') conference in Mons, Belgium, together with a few solicited papers from well-known authors in the field. This book addresses some of the questions that have recently emerged in the research on decision-making and risk theory. In particular, authors have modeled more and more as interactions between the individual and the environment or between different individuals the emergence of beliefs as well as the specific type of information treatment traditionally called `rationality'. This book analyzes several cases of such an interaction and derives consequences for the future of decision theory and risk theory. In the last ten years, modeling beliefs has become a specific sub-field of decision making, particularly with respect to low probability events. Rational decision making has also been generalized in order to encompass, in new ways and in more general situations than it used to be fitted to, multiple dimensions in consequences. This book deals with some of the most conspicuous of these advances. It also addresses the difficult question to incorporate several of these recent advances simultaneously into one single decision model. And it offers perspectives about the future trends of modeling such complex decision questions. The volume is organized in three main blocks: The first block is the more `traditional' one. It deals with new extensions of the existing theory, as is always demanded by scientists in the field. A second block handles specific elements in the development of interactions between individuals and their environment, as defined in the most general sense. The last block confronts real-world problems in both financial and non-financial markets and decisions, and tries to show what kind of contributions can be brought to them by the type of research reported on here.
Author : Carlos A. Bana e Costa Publisher : Springer Science & Business Media Page : 661 pages File Size : 42,5 Mb Release : 2012-12-06 Category : Business & Economics ISBN : 9783642759352
Readings in Multiple Criteria Decision Aid by Carlos A. Bana e Costa Pdf
Multiple Criteria Decision Aid is a field which has seen important developments in the last few years. This is not only illustrated by the increasing number of papers and communications in the scientific journals and Congresses, but also by the activities of several international working groups. In 1983, a first Summer School was organised at Catania (Sicily) to promote multicriteria decision-aid in companies and to encourage specialists to exchange didactic material. The second School was held in 1985 at Narnur (Belgium) and I am pleased now to present the selected readings from the "Third International Summer School on Multicriteria Decision Aid: Methods, Applications and Software", which took place in Monte Estoril (Portugal), in 1988. was the quality of the contributions presented by the Such during the Summer School that I have decided to take lecturers advantage of this opportunity to produce a more carefully prepared and homogeneous book rather than a simple volume of proceedings. All the initial versions of the selected papers were revised and some, although not included in the programme of the School, were written in order to give a more complete overview of the MCDA field.