Retrospective revaluation in sequential decision making: a tale of two systems.

Journal of Experimental Psychology: General Retrospective Revaluation in Sequential Decision Making: A Tale of Two Systems

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...

A fuzzy group decision making approach to construction project risk management

Implementation of the risk management concepts into construction practice may enhance the performance of project by taking appropriate response actions against identified risks. This research proposes a multi-criteria group decision making approach for the evaluation of different alternative response scenarios. To take into account the uncertainties inherent in evaluation process, fuzzy logic i...

Optimizing Red Blood Cells Consumption Using Markov Decision Process

In healthcare systems, one of the important actions is related to perishable products such as red blood cells (RBCs) units that its consumption management in different periods can contribute greatly to the optimality of the system. In this paper, main goal is to enhance the ability of medical community to organize the RBCs units’ consumption in way to deliver the unit order timely with a focus ...

Two Stage Multiple Attribute Decision Making Problem in Iranian Gas Distribution Systems

The purpose of this paper is to present the possibility of replacing physical unit cost in transportation or distribution problems by an aggregate coefficient, getting qualitative and subjective considerations involved. The model for constructing aggregate cost is a two stage multiple attribute decision-making problems. In the first stage supply points, demand points and routes of transportatio...