Heuristics as adaptive decision strategies in management
نویسندگان
چکیده
منابع مشابه
Strategies, Heuristics, and Adaptive Decision Making: New Evidence from an Individual Differences and Process Tracing Approach
People do not always behave rationally. To a significant extent, this results from our limited psychological capacities and knowledge, our bounded rationality. Yet some individuals do seem to make consistently better decisionsthey better approximate normative models, are more likely to avoid judgment biases, and more effectively adapt to a variety of cognitive demands (Frederick, 2005; Stanovic...
متن کاملLinear decision rule as aspiration for simple decision heuristics
Several attempts to understand the success of simple decision heuristics have examined heuristics as an approximation to a linear decision rule. This research has identified three environmental structures that aid heuristics: dominance, cumulative dominance, and noncompensatoriness. Here we develop these ideas further and examine their empirical relevance in 51 natural environments. We find tha...
متن کاملAdaptive Decision Fusion in Detection Networks
In a detection
 network, the final decision is made by fusing the decisions from local detectors. The objective of that decision is to minimize the final error probability. To implement and optimal fusion rule, the performance of each detector, i.e. its probability of false alarm and its probability of missed detection as well as the a priori probabilities of the hypotheses, must be known. H...
متن کاملSimple Heuristics as Equilibrium Strategies in Mutual Sequential Mate Search
In this paper, we study whether simple heuristics can arise as equilibrium strategies in mutual sequential mate search. To this aim, we extend the mate search model of Todd and Miller (1999), involving an adolescence (learning) phase followed by an actual mating phase, to a strategic game where the players, as the individuals in the mating population, choose before starting the adolescence phas...
متن کاملAdaptive Heuristics
We exhibit a large class of simple rules of behavior, which we call adaptive heuristics, and show that they generate rational behavior in the long run. These adaptive heuristics are based on natural regret measures, and may be viewed as a bridge between rational and behavioral viewpoints. Taken together, the results presented here establish a solid connection between the dynamic approach of ada...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Organizational Behavior
سال: 2014
ISSN: 0894-3796
DOI: 10.1002/job.1950