Theory And Method in the Exploration of Human Decision Behavior
Theory And Method in the Exploration of Human Decision Behavior
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Throughout the data gathering process constant checks must be made to ensure that the relevant parts of the decision process are being discovered. One way of checking the data is to construct simple nets and groups of decision rules and by applying them to the relevant data determine whether they reproduce the behavior recorded, for example, in the protocols. If a record of past deci- sions is available, these nets and models should be tested against this record as well. The object of this test...ing is, of course, to identify the principal routines and data inputs which must be included if behavior is to be explained.
\. Jfti^Ejramp rample To illustrate this discussion we shall now consider the outline of a model that was constructed to explain the portfolio selection process of an investor of trust funds. — Since we have argued that all decision processes can be analysed in terms of a set of decision routines plus a set of information or data, this model represents the investment process as consisting of three major sections: (a) processes concerned with the analysis and selection of, from a basic set of stocks, a list of securities which are suitable for current pur- chasing, (b) processes which determine the investment policy for each account.
What to read after Theory And Method in the Exploration of Human Decision Behavior?
You can find similar books in the "Read Also" column, or choose other free books by Geoffrey P E Clarkson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Throughout the data gathering process constant checks must be made to ensure that the relevant parts of the decision process are being discovered. One way of checking the data is to construct simple nets and groups of decision rules and by applying them to the relevant data determine whether they reproduce the behavior recorded, for example, in the protocols. If a record of past deci- sions is available, these nets and models should be tested against this record as well. The object of this test...ing is, of course, to identify the principal routines and data inputs which must be included if behavior is to be explained.
\. Jfti^Ejramp rample To illustrate this discussion we shall now consider the outline of a model that was constructed to explain the portfolio selection process of an investor of trust funds. — Since we have argued that all decision processes can be analysed in terms of a set of decision routines plus a set of information or data, this model represents the investment process as consisting of three major sections: (a) processes concerned with the analysis and selection of, from a basic set of stocks, a list of securities which are suitable for current pur- chasing, (b) processes which determine the investment policy for each account.
What to read after Theory And Method in the Exploration of Human Decision Behavior?
You can find similar books in the "Read Also" column, or choose other free books by Geoffrey P E Clarkson to read onlineMoreLess
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