Topic
Decision model
About: Decision model is a research topic. Over the lifetime, 7136 publications have been published within this topic receiving 131672 citations.
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TL;DR: The diffusion decision model is reviewed to show how it translates behavioral data accuracy, mean response times, and response time distributions into components of cognitive processing, including research in the domains of aging and neurophysiology.
Abstract: The diffusion decision model allows detailed explanations of behavior in two-choice discrimination tasks. In this article, the model is reviewed to show how it translates behavioral data—accuracy, mean response times, and response time distributions—into components of cognitive processing. Three experiments are used to illustrate experimental manipulations of three components: stimulus difficulty affects the quality of information on which a decision is based; instructions emphasizing either speed or accuracy affect the criterial amounts of information that a subject requires before initiating a response; and the relative proportions of the two stimuli affect biases in drift rate and starting point. The experiments also illustrate the strong constraints that ensure the model is empirically testable and potentially falsifiable. The broad range of applications of the model is also reviewed, including research in the domains of aging and neurophysiology.
2,318 citations
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17 Aug 2006
TL;DR: This book deals with decision modelling techniques that can be used to estimate the value for money of various interventions including medical devices, surgical procedures, diagnostic technologies, and pharmaceuticals.
Abstract: 1. Introduction 2. Key aspects of decision modelling for economic evaluation 3. Further developments in decision analytic models for economic evaluation 4. Making decision models probabilistic 5. Analysing and presenting simulation output from probabilistic models 6. Decision-making, uncertainty and the value of information 7. Efficient research design 8. Future challenges for cost-effectiveness modelling of health care interventions
2,106 citations
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01 Jan 1951
TL;DR: A decision method for a class K of sentence (or other expressions) is meant a method by means of which, given any sentence θ, one can always decide in a finite number of steps whether θ is in K; by a decision problem for K, we mean the problem of finding a decision algorithm for K.
Abstract: By a decision method for a class K of sentence (or other expressions) is meant a method by means of which, given any sentence θ, one can always decide in a finite number of steps whether θ is in K; by a decision problem for a class K we mean the problem of finding a decision method for K. A decision method must be like a recipe, which tells one what to do at each steps so that no intelligence is required to follow it; and the method can be applied by anyone so long as he is able to read and follow directions.
2,099 citations
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TL;DR: In this paper, a review of decision methods reported in the literature for supporting the supplier selection process is presented, based on an extensive search in the academic literature, and the proposed methods specifically accommodate for buying situations for which few or no decision models were published so far.
1,492 citations
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TL;DR: In this paper, the authors present a strategic decision framework that will aid managerial decision-making based on literature and practice in the area of environmentally conscious business practices and explore the applicability of a dynamic non-linear multi-attribute decision model, defined as the analytical network process, for decision making within the green supply chain.
1,283 citations