MODELLING AND SIMULATION IN DECISION MAKING PROCESSES

Simulation of Emotional Processes in Decision Making

Human emotional capabilities have recently been considered essential in decision making. An emotional model applied to the Gambling Task game is outlined here. The aim is to be able to simulate a human behavior with respect to the emotional feedback created by the environment. To do so, an OCC (Ortony, Clore and Collins) model emotion type is used to define several criteria representing a human...

a study on rate making and required reserves determination in reinsurance market: a simulation

reinsurance is widely recognized as an important instrument in the capital management of an insurance company as well as its risk management tool. this thesis is intended to determine premium rates for different types of reinsurance policies. also, given the fact that the reinsurance coverage of every company depends upon its reserves, so different types of reserves and the method of their calc...

Modelling of Decision Making for Discrete Processes in Dynamic Environments*

In this paper we consider the use of rules and knowledge-based systems for the modelling of a broad class of decision problems. NEGOPLAN is a rule-based decision support tool, originally designed for negotiation support. We have used it to model processes with two participants, where the structure of the problem at any moment can be derived from the previous structure and decisions. We present ...

Supporting Decision Making with Agent Based Modelling and Simulation

Modelling cyber-security experts' decision making processes using aggregation operators

An important role carried out by cyber-security experts is the assessment of proposed computer systems, during their design stage. This task is fraught with difficulties and uncertainty, making the knowledge provided by human experts essential for successful assessment. Today, the increasing number of progressively complex systems has led to an urgent need to produce tools that support the expe...