Methodology for Early-Stage Technology Assessment and Decision Making under Uncertainty:  Application to the Selection of Chemical Processes

2004 ◽  
Vol 43 (15) ◽  
pp. 4337-4349 ◽  
Author(s):  
Volker H. Hoffmann ◽  
Gregory J. McRae ◽  
Konrad Hungerbühler
Keyword(s):  
Decision Making ◽  
Technology Assessment ◽  
Early Stage ◽  
Chemical Processes ◽  
Decision Making Under Uncertainty ◽  
Selection Of

scholarly journals Modelling Decision Making under Uncertainty for Strategic Forecasting

2019 ◽  
Vol 8 (3) ◽  
pp. 7251-7255
Keyword(s):  
Decision Making ◽  
Economic Activity ◽  
Detrimental Effect ◽  
Decision Making Under Uncertainty ◽  
Decision Making Process ◽  
Insufficient Information ◽  
High Quality ◽  
Decision Making System ◽  
Specific Management ◽  
Selection Of

In current market conditions, the key to productive economic activity is the ability to provide a high-quality forecast, even in situations of insufficient information. Strategic forecasting refers to this type of activity, errors in which the actions of any company can have a detrimental effect on the fundamental level. The justification and selection of specific management decisions can often be carried out in conditions of uncertainty due to the inability to clearly predict the values of the final results of these decisions. The decision-making system within the framework of the strategic forecasting task should help maintain the effectiveness of actions by simplifying the picture of the real world by modelling it. While allowing to reduce the influence of the subjectivity of the personality of the decision-maker on the decision-making process itself

scholarly journals Treatment selection of early stage non-small cell lung cancer: the role of the patient in clinical decision making

BMC Cancer ◽  
2018 ◽  
Vol 18 (1) ◽  
Author(s):  
S. Mokhles ◽  
J. J. M. E. Nuyttens ◽  
M. de Mol ◽  
J. G. J. V. Aerts ◽  
A. P. W. M. Maat ◽  
...  
Keyword(s):  
Lung Cancer ◽  
Decision Making ◽  
Small Cell Lung Cancer ◽  
Clinical Decision Making ◽  
Early Stage ◽  
Clinical Decision ◽  
Small Cell ◽  
Small Cell Lung ◽  
Selection Of

scholarly journals Investigating the role of natural phyto-oestrogens on bone health in postmenopausal women

2003 ◽  
Vol 89 (S1) ◽  
pp. S87-S99 ◽  
Author(s):  
Silvia Valtueña ◽  
Kevin Cashman ◽  
Simon P. Robins ◽  
Aedin Cassidy ◽  
Alwine Kardinaal ◽  
...  
Keyword(s):  
Decision Making ◽  
Clinical Trials ◽  
Bone Loss ◽  
Postmenopausal Women ◽  
Bone Health ◽  
Early Stage ◽  
Daily Intake ◽  
Present Knowledge ◽  
Selection Of

Research on the bone effects of natural phyto-oestrogens after menopause is at a relatively early stage. Published studies are few, difficult to compare and often inconclusive, due in part to design weaknesses. Currently, many questions remain to be answered including to what extent a safe daily intake may prevent postmenopausal bone loss. These questions can only be addressed by conducting well-planned, randomised clinical trials that take into consideration present knowledge in the oestrogen, phyto-oestrogen and bone fields. This review is intended to provide hints for critical decision-making about the selection of subjects, type of intervention, suitable outcome measures and variables that need to be controlled.

Early-stage decision making approach for the selection of optimally integrated biorefinery processes

Energy ◽  
2017 ◽  
Vol 137 ◽  
pp. 908-916 ◽  
Author(s):  
Ayse Dilan Celebi ◽  
Adriano Viana Ensinas ◽  
Shivom Sharma ◽  
François Maréchal
Keyword(s):  
Decision Making ◽  
Early Stage ◽  
Integrated Biorefinery ◽  
Selection Of

A Framework for the Selection of ERP Packages for Small to Medium and Large Organizations

2011 ◽  
pp. 206-222 ◽  
Author(s):  
Edward W.N. Bernroider ◽  
Stefan Koch
Keyword(s):  
Decision Making ◽  
Early Stage ◽  
Important Task ◽  
Decision Makers ◽  
Erp Systems ◽  
Erp System ◽  
Formal Procedure ◽  
Erp Software ◽  
Selection Of ◽  
Decision Making Criteria

In this chapter we focus on the early stage of evaluating and selecting an ERP system prior to implementation. Only a part of decision making for ERP systems can be handled by a definite or accepted procedure such as standard investment calculations. There are many other intangible decision-making criteria needing to be judged and evaluated by the decision makers. There is no agreed-upon and formal procedure for this important task (Hecht 1997; Laudon & Laudon, 1998). Therefore it seems necessary to investigate decision-making practices to increase the understanding of this complex and important task. We also focus on the decision-making situation faced by small and medium-sized enterprises (SMEs). This is of particular importance because SMEs are more and more experiencing the need for integration, especially for interorganizational integration, and expecting ERP software to fulfill these needs. The availability of relatively inexpensive hardware is fostering this situation (Gable & Stewart, 1999). In general, decision making in SMEs features much greater constraints on the ability to gather information in order to reduce uncertainty about their investment (Cobham, 2000). Considering ERP software decisions with its complex and far-reaching implications, poor decision making by SMEs can result in disastrous situations.

scholarly journals The hierarchical sensitivity to social misalignment during decision-making under uncertainty

2021 ◽  
Author(s):  
Yongling Lin ◽  
Ruolei Gu ◽  
Shenghua Luan ◽  
Li Hu ◽  
Shaozheng Qin ◽  
...  
Keyword(s):  
Decision Making ◽  
Early Stage ◽  
Event Related Potential ◽  
Decision Making Under Uncertainty ◽  
Hierarchical Processing ◽  
Fine Grained ◽  
Second Stage ◽  
Initial Preference ◽  
Low Levels ◽  
P3 Component

Abstract Social misalignment occurs when a person’s attitudes and opinions deviate from those of others. We investigated how individuals react to social misalignment in risky (outcome probabilities are known) or ambiguous (outcome probabilities are unknown) decision contexts. During each trial, participants played a forced-choice gamble, and they observed the decisions of four other players after they made a tentative decision, followed by an opportunity to keep or change their initial decision. Behavioral and event-related potential data were collected. Behaviorally, the stronger the participants’ initial preference, the less likely they were to switch their decisions, whereas the more their decisions were misaligned with the majority, the more likely they were to switch. Electrophysiological results showed a hierarchical processing pattern of social misalignment. Misalignment was first detected binarily (i.e. match/mismatch) at an early stage, as indexed by the N1 component. During the second stage, participants became sensitive to low levels of misalignment, which were indexed by the feedback-related negativity. The degree of social misalignment was processed in greater detail, as indexed by the P3 component. Moreover, such hierarchical neural sensitivity is generalizable across different decision contexts (i.e. risky and ambiguous). These findings demonstrate a fine-grained neural sensitivity to social misalignment during decision-making under uncertainty.

scholarly journals Decision Making Under Uncertainty: Comparing Regulatory and Health Technology Assessment Reviews of Medicines in the United States and Europe

2020 ◽  
Vol 108 (2) ◽  
pp. 350-357 ◽  
Author(s):  
Rick A. Vreman ◽  
Huseyin Naci ◽  
Wim G. Goettsch ◽  
Aukje K. Mantel‐Teeuwisse ◽  
Sebastian G. Schneeweiss ◽  
...  
Keyword(s):  
United States ◽  
Decision Making ◽  
Health Technology Assessment ◽  
Technology Assessment ◽  
Health Technology ◽  
The United States ◽  
Decision Making Under Uncertainty

Selection of Contractor Using Multi-Criteria Decision Making Tools

2011 ◽  
Vol 4 (4) ◽  
pp. 139-142
Author(s):  
S.PUSHPARANI S.PUSHPARANI ◽  
◽  
Dr.S.SENTHAMILKUMAR Dr.S.SENTHAMILKUMAR
Keyword(s):  
Decision Making ◽  
Multi Criteria Decision Making ◽  
Selection Of
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