Cognitive operations models that open the black box and predict our decisions /
Attempts to improve decision-making are unlikely to succeed without an understanding of how and why people currently make choices. In this accessible and fascinating book, Konstantinos Katsikopoulos shows how mathematical models of decision processes in operational settings can provide this understa...
| Main Author: | Katsikopoulos, Konstantinos V. |
|---|---|
| Other Authors: | SpringerLink (Online service) |
| Format: | eBook |
| Language: | English |
| Published: |
Cham, Switzerland :
Springer,
[2023]
|
| Physical Description: |
1 online resource (242 pages) |
| Subjects: |
Table of Contents:
- Intro
- Acknowledgments
- Contents
- About the Author
- List of Figures
- List of Tables
- 1 What Is Cognitive Operations?
- 1.1 Behavioral Operations
- 1.2 Cognitive Operations
- Notes
- Part I A Cognitive Perspective
- 2 Optimization and Simple Heuristics
- 2.1 When Do People Take Risks?
- 2.2 The Distinction Between Risk and Uncertainty
- 2.3 Expected Utility Theory
- 2.4 Minimax and Maximax
- 2.5 Two Approaches to Modeling Human Behavior
- 2.6 The Kind of Studies in This Book
- 2.7 Summary
- Notes
- 3 Decision Under Risk
- 3.1 Empirical Phenomena.
- 3.2 Prospect Theory
- 3.3 Priority Heuristic
- 3.4 Predictive Power
- 3.5 Cognitive Processes
- 3.6 Transparency
- 3.7 Usefulness of Output
- 3.8 Summary and Resources
- Notes
- 4 Strategic Interaction
- 4.1 Giving and Receiving Ultimatums: Theory and Data
- 4.2 Inequity Aversion
- 4.3 Fast-and-Frugal Trees
- 4.4 Predicting Response Time Patterns
- 4.5 Cognitive Processes and Transparency
- 4.6 Theory Integration: Behavioral Outcomes
- 4.7 Beyond Bargaining Games
- 4.8 Summary and Segue
- Notes
- Part II Benefits of Cognitive Modeling
- 5 Inventory Control.
- 5.1 The Newsvendor Problem: Theory and Data
- 5.2 Optimization
- 5.3 Anchoring and Adjustment Heuristic
- 5.4 Correction Heuristic
- 5.5 Predictive Power
- 5.6 Assessment and Integration of Models
- 5.7 Bounded Rationality and AI in Operations
- 5.8 Summary
- Notes
- 6 Decision Under Uncertainty
- 6.1 A Peace-Keeping Operation: Compliance Heuristic
- 6.2 Making Supply Chains Flexible and Robust
- 6.3 Ecological Rationality
- 6.4 Summary and a Guide
- Notes
- 7 Behavioral and Cognitive Interventions
- 7.1 Behavior with AI
- 7.2 Nudge and Boost
- 7.3 Summary
- Notes.
- 8 Lessons Learned and a Positive Look Ahead
- Notes
- Appendix
- Chapter 3: Decision Under Risk
- Chapter 4: Strategic Interaction
- Chapter 5: Inventory Control
- Chapter 6: Decision Under Uncertainty
- Bibliography
- Author Index
- Subject Index.