scholarly journals How Digital Strategy and Management Games Can Facilitate the Practice of Dynamic Decision-Making

2020 ◽  
Vol 10 (4) ◽  
pp. 99 ◽  
Author(s):  
André Czauderna ◽  
Alexandra Budke
Keyword(s):  
Decision Making ◽  
Critical Reflection ◽  
Educational Practice ◽  
Dynamic Decision Making ◽  
Continuous Series ◽  
Management Games ◽  
Educational Perspective ◽  
Digital Strategy ◽  
Conflicting Goals

This paper examines how digital strategy and management games that have been initially designed for entertainment can facilitate the practice of dynamic decision-making. Based on a comparative qualitative analysis of 17 games—organized into categories derived from a conceptual model of decision-making design—this article illustrates two ways in which these games may be useful in supporting the learning of dynamic decision-making in educational practice: (1) Players must take over the role of a decider and solve situations in which players must pursue different conflicting goals by making a continuous series of decisions on a variety of actions and measures; (2) three of the features of the games are considered to structure players’ practice of decision-making and foster processes of learning through the curation of possible decisions, the offering of lucid feedback and the modification of time. This article also highlights the games’ shortcomings, from an educational perspective, as players’ decisions are restricted by the numbers of choices they can make within the game, and certain choices are rewarded more than others. An educational application of the games must, therefore, entail a critical reflection of players’ limited choices inside a necessarily biased system.

Balancing New against Old Information: The Role of Puzzlement Surprise in Learning

2018 ◽  
Vol 30 (1) ◽  
pp. 34-83 ◽  
Author(s):  
Mohammadjavad Faraji ◽  
Kerstin Preuschoff ◽  
Wulfram Gerstner
Keyword(s):  
Decision Making ◽  
Behavioral Responses ◽  
Dynamic Decision Making ◽  
Complex Environments ◽  
Unexpected Events ◽  
Temporal Statistics ◽  
Exploration Task

Surprise describes a range of phenomena from unexpected events to behavioral responses. We propose a novel measure of surprise and use it for surprise-driven learning. Our surprise measure takes into account data likelihood as well as the degree of commitment to a belief via the entropy of the belief distribution. We find that surprise-minimizing learning dynamically adjusts the balance between new and old information without the need of knowledge about the temporal statistics of the environment. We apply our framework to a dynamic decision-making task and a maze exploration task. Our surprise-minimizing framework is suitable for learning in complex environments, even if the environment undergoes gradual or sudden changes, and it could eventually provide a framework to study the behavior of humans and animals as they encounter surprising events.

scholarly journals Navigating through abstract decision spaces: Evaluating the role of state generalization in a dynamic decision-making task

2009 ◽  
Vol 16 (5) ◽  
pp. 957-963 ◽  
Author(s):  
A. Ross Otto ◽  
Todd M. Gureckis ◽  
Arthur B. Markman ◽  
Bradley C. Love
Keyword(s):  
Decision Making ◽  
Dynamic Decision Making

Goal Conflict Encourages Work and Discourages Leisure

2020 ◽  
Author(s):  
Jordan Etkin ◽  
Sarah A Memmi
Keyword(s):  
Decision Making ◽  
Consumer Choice ◽  
Leisure Activities ◽  
Goal Conflict ◽  
Specific Work ◽  
Time Saving ◽  
Use Of Time ◽  
Conflicting Goals

Abstract Leisure is desirable and beneficial, yet consumers frequently forgo leisure in favor of other activities—namely, work. Why? We propose that goal conflict plays an important role. Seven experiments demonstrate that perceiving greater goal conflict shapes how consumers allocate time to work and leisure—even when those activities are unrelated to the conflicting goals. This occurs because goal conflict increases reliance on salient justifications, influencing how much time people spend on subsequent, unrelated activities. Because work tends to be easier to justify and leisure harder to justify, goal conflict increases time spent on work and decreases time spent on leisure. Thus, despite the conflicting goals being independent of the specific work and leisure activities considered (i.e., despite goal conflict being “incidental”), perceiving greater goal conflict encourages work and discourages leisure. The findings further understanding of how consumers allocate time to work and leisure, incidental effects of goal conflict on decision-making, and the role of justification in consumer choice. They also have implications for the use of “time-saving” technologies and the marketing of leisure activities.

scholarly journals IMP: it’s time to get emotional! Understanding the role of negative emotions in dynamic decision-making processes

2020 ◽  
Vol 35 (12) ◽  
pp. 2151-2163
Author(s):  
Nikolina Koporcic ◽  
Miika Nietola ◽  
John D. Nicholson
Keyword(s):  
Decision Making ◽  
Bounded Rationality ◽  
Negative Emotions ◽  
Dynamic Decision Making ◽  
Business World ◽  
Content Type ◽  
Methodological Choices ◽  
Managerial Implications ◽  
Decision Making Processes

Purpose The purpose of this paper is to investigate the current industrial marketing and purchasing (IMP) research that has a vague positioning of the bounded rationality of an actor. By borrowing insights from other disciplines, this study aims to develop the IMP approach further by acknowledging the importance of individuals who act and make decisions on behalf of their companies. Design/methodology/approach This study is conceptual. By examining the IMP studies in combination with decision-making literature from behavioral economics and psychology, this paper provides a new understanding of the phenomenon in question. Findings This study demonstrates that individual decision-making is not as rational as has previously been thought, thus indicating the bounded rationality of the actor. After examining the most common negative emotions that influence the decision-making process, the paper presents a research agenda. It provides a series of research topics and methodological choices for future IMP research endeavors. Research limitations/implications As this paper is conceptual, empirical research is needed to examine the role of negative emotions in dynamic decision-making processes. Practical implications Managerial implications of this paper are focused on providing instructions for managers on how to deal with negative emotions in dynamic decision-making processes. Originality/value To the best of the authors’ knowledge, this paper is one of the first papers that attempts to connect the IMP studies with the dynamics of decision-making by examining negative emotions in the business world.

Elaborating the role of reflection and individual differences in the study of folk-economic beliefs

2018 ◽  
Vol 41 ◽  
Author(s):  
Kevin Arceneaux
Keyword(s):  
Decision Making ◽  
Individual Differences ◽  
Cognitive Processes ◽  
Evolutionary History ◽  
Behavioral Responses ◽  
History Of ◽  
Economic Beliefs

AbstractIntuitions guide decision-making, and looking to the evolutionary history of humans illuminates why some behavioral responses are more intuitive than others. Yet a place remains for cognitive processes to second-guess intuitive responses – that is, to be reflective – and individual differences abound in automatic, intuitive processing as well.

The Role of Shared Decision-Making in Audiologic Rehabilitation

2014 ◽  
Vol 21 (1) ◽  
pp. 15-23 ◽  
Author(s):  
Helen Pryce ◽  
Amanda Hall
Keyword(s):  
Decision Making ◽  
Shared Decision Making ◽  
Behavior Changes ◽  
Shared Decision ◽  
Patient Centered ◽  
Treatment Information ◽  
Centered Care ◽  
Potential Risks ◽  
Audiologic Rehabilitation

Shared decision-making (SDM), a component of patient-centered care, is the process in which the clinician and patient both participate in decision-making about treatment; information is shared between the parties and both agree with the decision. Shared decision-making is appropriate for health care conditions in which there is more than one evidence-based treatment or management option that have different benefits and risks. The patient's involvement ensures that the decisions regarding treatment are sensitive to the patient's values and preferences. Audiologic rehabilitation requires substantial behavior changes on the part of patients and includes benefits to their communication as well as compromises and potential risks. This article identifies the importance of shared decision-making in audiologic rehabilitation and the changes required to implement it effectively.

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