Integrating Decision Analysis and Behavioral Models.- Improving and Measuring the Effectiveness of Decision Analysis: Linking Decision Analysis and Behavioral Decision Research.- Reducing Perceptual and Cognitive Challenges in Making Decisions with Models.- Agricultural Decision Making in the Argentine Pampas: Modeling the Interaction between Uncertain and Complex Environments and Heterogeneous and Complex Decision Makers.- Innovations in Behavioral Model Analysis.- On Optimal Satisficing: How Simple Policies Can Achieve Excellent Results.- There Are Many Models of Transitive Preference: A Tutorial Review and Current Perspective.- Integrating Compensatory and Noncompensatory Decision-Making Strategies in Dynamic Task Environments.- Repeated Prisoner's Dilemma and Battle of Sexes Games: A Simulation Study.- Innovations in Descriptive Behavior Models.- Individual Values and Social Goals in Environmental Decision Making.- Does More Money Buy You More Happiness?.- Cognitive Biases Affect the Acceptance of Tradeoff Studies.- Experimental Studies in Behavioral Research.- Valuation of Vague Prospects with Mixed Outcomes.- Collective Search in Concrete and Abstract Spaces.- Braess Paradox in the Laboratory: Experimental Study of Route Choice in Traffic Networks with Asymmetric Costs.- Non-Euclidean Traveling Salesman Problem.
This text examines new research at the interface of operations research, behavioral and cognitive sciences, and decision analysis. From the cognitive behaviorist who collects empirical evidence as to how people make decisions to the engineer and economist who are the consumers of such understanding, the reader encounters the familiar Traveling Salesman Problem and Prisoner's dilemma, how agricultural decisions are made in Argentina's Pampas region, and some social goals that come into play as an element of rational decision-making.
In these 14 self-contained chapters, broad topics covered include the integration of decision analysis and behavioral models, innovations in behavioral models, exploring descriptive behavior models, and experimental studies.
Interdisciplinary research with new developments
Outstanding contributions with state-of-the-art insight and research directions
Bridges behavioral modeling and normative analysis
Provides rich applications to environments dominated by complexity and uncertainty