scholarly journals Attention Please!

Econometrica ◽  
2021 ◽  
Vol 89 (4) ◽  
pp. 1717-1751
Author(s):  
Olivier Gossner ◽  
Jakub Steiner ◽  
Colin Stewart
Keyword(s):  
Decision Maker ◽  
Bandit Problems ◽  
Outside Option ◽  
The Impact ◽  
Directing Attention

We study the impact of manipulating the attention of a decision‐maker who learns sequentially about a number of items before making a choice. Under natural assumptions on the decision‐maker's strategy, directing attention toward one item increases its likelihood of being chosen regardless of its value. This result applies when the decision‐maker can reject all items in favor of an outside option with known value; if no outside option is available, the direction of the effect of manipulation depends on the value of the item. A similar result applies to manipulation of choices in bandit problems.

Women's Role Involvement in Family Businesses, Business Tensions, and Business Success

2003 ◽  
Vol 16 (1) ◽  
pp. 53-68 ◽  
Author(s):  
Sharon M. Danes ◽  
Patricia D. Olson
Keyword(s):  
Decision Maker ◽  
Family Business ◽  
Decision Makers ◽  
Business Success ◽  
Business Owner ◽  
Role Involvement ◽  
Work Involvement ◽  
Women's Role ◽  
The Impact ◽  
Major Decision

This paper is based on a study of 391 family-business-owning couples where the husband is the business owner. The purpose of the study was to examine the work involvement of the wife in the business, the business tensions, and the impact of those tensions on family business success. Fifty-seven percent of wives worked in the business, 47% of whom were paid. Forty-two percent of wives were considered major decision makers. Having more than one decision maker in the business impacted certain types of inclusion tension. Business and family success outcomes varied by level of tensions. There was initial evidence of a threshold where business tensions begin to affect business success negatively.

scholarly journals Female in football

2019 ◽  
Author(s):  
Linda Wilhelmsen
Keyword(s):  
Organizational Performance ◽  
Organizational Structures ◽  
Research Attention ◽  
Face To Face ◽  
Career Opportunities ◽  
World Cafe ◽  
Field Notes ◽  
Research Questions ◽  
The Impact ◽  
Directing Attention

Purpose For centuries, men have dominated football organizations in all levels, and the imbalance in status between male and female football is unparalleled in the world of sports. This may affect female football by means of career opportunities, resource allocation and organizational performance. This study will explore managerial, organizational and cultural parameters that have an impact on women’s career possibilities in football organizations as players, coaches and leaders. The following research questions will be explored: In what way do governing mechanisms such as culture, attitudes and values have an impact on female positions in football organizations? How do organizational structures and cultures in football organizations affect women's career opportunities? How do power mechanisms, gender roles and stereotypes, unbalanced resource access, commercial investment impact female versus male football? Methodology Data will be collected among female football organizations in the two top football leagues in Norway. Qualitative data will be collected by interviews, field notes from facilitated face-to-face meetings with World Café dialogue technique and participant evaluations, whereas quantitative data will be collected by surveys and registry data. Implications Female football has received very little research attention, and as such, findings from the present project will give provide novel insight regarding the impact of organizational performance for women’s opportunity for a career in football. Directing attention towards female participation in football organizations may increase participation and positions of trust within the organizations.    

scholarly journals The impact of information technology in decision making process of companies in Kosovo

2018 ◽  
Vol 51 (1-2) ◽  
pp. 13-23
Author(s):  
Emin Qerim Neziraj ◽  
Aferdita Berisha Shaqiri
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Decision Maker ◽  
Business Process ◽  
New Technologies ◽  
Decision Makers ◽  
Decision Making Process ◽  
Or Organization ◽  
The Impact ◽  
Future Business

Before the decision makers set much higher requirements in the decision-making than ever before due to the environment of decision-makers subject to change under the influence of progress and development of new technologies, networking individual or organization inside and the outside environment, and modern means of communication enabling continuous inflow, flow and sharing of data and information. In these modern conditions the process of collecting, analyzing, selecting data and information to make informed decisions in the context of possible restrictions and the available options, and ultimately making decisions as the basis for future business or behavior, is not simplified. The use of new technologies in the decision-making process provided numerous opportunities to facilitate decisions selection. However, the decision maker should still be able to differentiate which knowledge should be used to serve in decision making, and which models, methods, tools, systems, and procedures to be used in certain situations, with the purpose of successful decision selection. In this paper, we will examine the decision making process during the business process of the companies in Kosovo.

How diversity can alleviate sharks and bandwagons in the gas sector

2019 ◽  
Vol 59 (2) ◽  
pp. 724
Author(s):  
Joanna M. Spanjaard ◽  
Sarah A. McAlister-Smiley
Keyword(s):  
Decision Making ◽  
Decision Maker ◽  
Practical Advice ◽  
The Moment ◽  
The Impact ◽  
Rational Decisions

A level-headed decision maker in a well-run gas business would appear to be a good candidate to navigate through change. But instinctive responses and overconfidence can lead to irrational decision making. During periods of greatest risk, at the moment rationality is needed most, the impulse to act irrationally kicks in. This paper explores how diversity can alleviate risks associated with ‘sharks’ and ‘bandwagons’ in the gas sector. It explores the Queensland gas sector and how diversity of thought can play a powerful role in reducing the impact of bias on identifying risk and making rational decisions. It also offers practical advice as to how the gas sector can improve diversity and metaphorically punch those sharks and halt those bandwagons.

1 The Impact of No Next of Kin Decision Makers on End-of-life Care

2020 ◽  
Vol 41 (Supplement_1) ◽  
pp. S4-S5
Author(s):  
Ryan K Ota ◽  
Maxwell B Johnson ◽  
Trevor A Pickering ◽  
Warren L Garner ◽  
Justin Gillenwater ◽  
...  
Keyword(s):  
Critically Ill ◽  
Decision Maker ◽  
Total Body Surface Area ◽  
Burn Patients ◽  
Inclusion Criteria ◽  
Next Of Kin ◽  
Medical Decisions ◽  
Comfort Care ◽  
Burn Care ◽  
The Impact

Abstract Introduction For critically ill burn patients without a next of kin (NOK), the medical team is tasked with becoming the surrogate decision maker. This poses difficult ethical and legal challenges for burn providers. Despite this frequent problem, there has been no investigation of how the presence of a NOK affects treatment in burn patients. This study is the first to evaluate this relationship. Methods A retrospective chart review was performed on a cohort of patients who died during the acute phase of their burn care from a single burn center from 2015 to 2019. Inclusion criteria were age ≥18 years and mortality within 4-weeks of admission. Exclusion criteria were death from dermatologic disease or trauma. Variables collected included age, gender, mechanism of injury, length of stay (LOS), total body surface area (TBSA), revised Baux score, and the presence of a NOK. Fisher’s Exact Test and Student’s t-test were used for analysis. Results In total, 67 patients met inclusion criteria. Of these patients, 14 (21%) did not have a NOK involved in medical decisions. Table 1 shows the means and odds ratio between the two groups. Patients without a NOK were younger (p < 0.05), more likely to be homeless (p < 0.01), had higher TBSA (p < 0.01), had shorter LOS (p < 0.01), and were 5 times less likely to receive comfort care (p < 0.05). Gender and ethnicity were not statistically significant. Conclusions Patients without a NOK present to participate in medical decisions are transitioned to comfort care less often despite having a higher burden of injury. This disparity in standard of care between the two groups demonstrates a need for a cultural shift in burn care to prevent suffering of these marginalized patients. Burn providers should be empowered to reduce suffering when no decision maker is present. Applicability of Research to Practice We report that the absence of a NOK has a significant impact leading to a decreased initiation of comfort care in critically ill burn patients. National protocols should be created to allow burn providers to act as a surrogate to prevent prolonged suffering.

Bargaining with Search as an Outside Option: The Impact of the Buyer's Future Availability

2004 ◽  
Vol 1 (4) ◽  
pp. 235-249 ◽  
Author(s):  
Manel Baucells ◽  
Steven A. Lippman
Keyword(s):  
Outside Option ◽  
The Impact

THE EXPERIMENTAL INVESTIGATION OF THE PROFIT DISTRIBUTION IN INDUSTRIAL SUPPLY CHAINS WITH AN OUTSIDE OPTION / PELNO PASKIRSTYMO PRAMONINĖSE TIEKIMO GRANDINĖSE EKSPERIMENTINIS TYRIMAS

2010 ◽  
Vol 16 (3) ◽  
pp. 487-501 ◽  
Author(s):  
Harald David Stein ◽  
Romualdas Ginevičius
Keyword(s):  
Experimental Data ◽  
Outside Option ◽  
Profit Distribution ◽  
Cooperative Relationships ◽  
Distribution Rule ◽  
Internet Experiments ◽  
Theoretical Predictions ◽  
Cooperation Partners ◽  
The Impact ◽  
The Relationship

There is an industrial supply chain, where an individual customer selects a supplier and excludes other ones. If the excluded supplier has the possibility to overtake the relationship afterwards, he has big influence on the relationship among the cooperation partners. A profit distribution rule has been developed that considers the impact of the excluded supplier. The paper presents round based games in which the present values change and influence the cooperative relationships. First, examples with ideal‐typical numbers are calculated and depicted by the software “MATLAB”. Internet experiments are made with participants on the basis of the software “z‐tree” in order prove the relevance of the proposed profit distribution rule. Finally, the experimental data is compared with the theoretical predictions. Santrauka Paprastai pramoninio tiekimo grandineje klientas pasirenka konkretų tiekėja ir atmeta kitus. Jei veliau su atmestuoju tiekėju vis dėlto užmezgami santykiai, klientas įgyja didelę svarbą pletojant partnerių santykius. Sukurta pelno paskirstymo taisyklė, įvertinanti atmesto tiekejo įtaka. Straipsnyje pateikiama serija žaidimų, kuriuose kinta esama vertė ir daroma įtaka partnerių santykiams. Pirma, naudojantis MATLAB programinė įranga apskaičiuojamos ir atvaizduojamos būdingosios reikšmės. Antra, pasitelkus Z‐tree programinę įranga atliktas internetinis eksperimentas siekiant įrodyti, kad pasiūlyta pelno paskirstymo taisyklė galioja. Galiausiai eksperimentiniai duomenys palyginami su teorinėmis prognozėmis.

scholarly journals A Bi-Level Programming Approach to the Location-Routing Problem with Cargo Splitting under Low-Carbon Policies

Mathematics ◽  
2021 ◽  
Vol 9 (18) ◽  
pp. 2325
Author(s):  
Cong Wang ◽  
Zhongxiu Peng ◽  
Xijun Xu
Keyword(s):  
Decision Making ◽  
Decision Maker ◽  
Programming Model ◽  
Programming Approach ◽  
Low Carbon ◽  
Location Routing Problem ◽  
Routing Problem ◽  
Location Routing ◽  
Level Model ◽  
The Impact

To identify the impact of low-carbon policies on the location-routing problem (LRP) with cargo splitting (LRPCS), this paper first constructs the bi-level programming model of LRPCS. On this basis, the bi-level programming models of LRPCS under four low-carbon policies are constructed, respectively. The upper-level model takes the engineering construction department as the decision-maker to decide on the distribution center’s location. The lower-level model takes the logistics and distribution department as the decision-maker to make decisions on the vehicle distribution route’s scheme. Secondly, the hybrid algorithm of Ant Colony Optimization and Tabu Search (ACO-TS) is designed, and an example is introduced to verify the model’s and algorithm’s effectiveness. Finally, multiple sets of experiments are designed to explore the impact of various low-carbon policies on the decision-making of the LRPCS. The experimental results show that the influence of the carbon tax policy is the greatest, the carbon trading and carbon offset policy have a certain impact on the decision-making of the LRPCS, and the influence of the emission cap policy is the least. Based on this, we provide the relevant low-carbon policies advice and management implications.

scholarly journals Big data analytics and international market selection: An exploratory study

2020 ◽  
Vol 10 (2) ◽  
Author(s):  
Jonathan Calof ◽  
Wilma Viviers
Keyword(s):  
Big Data ◽  
Decision Maker ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Organizational Factors ◽  
International Market ◽  
Decision Makers ◽  
Market Selection ◽  
Selection Decisions ◽  
The Impact

A great deal of information is available on international trade flows and potentialmarkets. Yet many exporters do not know how to identify, with adequate precision, thosemarkets that hold the greatest potential. Even if they have access to relevant information, thesheer volume of information often makes the analytical process complex, time-consuming andcostly. An additional challenge is that many exporters lack an appropriate decision-makingmethodology, which would enable them to adopt a systematic approach to choosing foreignmarkets. In this regard, big-data analytics can play a valuable role. This paper reports on thefirst two phases of a study aimed at exploring the impact of big-data analytics on internationalmarket selection decisions. The specific big-data analytics system used in the study was theTRADE-DSM (Decision Support Model) which, by screening large quantities of marketinformation obtained from a range of sources identifies optimal product‒market combinationsfor a country, industry sector or company. Interviews conducted with TRADE-DSM users aswell as decision-makers found that big-data analytics (using the TRADE-DSM model) didimpact international market-decision. A case study reported on in this paper noted thatTRADE-DSM was a very important information source used for making the company’sinternational market selection decision. Other interviewees reported that TRADE-DSMidentified countries (that were eventually selected) that the decision-makers had not previouslyconsidered. The degree of acceptance of the TRADE-DSM results appeared to be influenced byTRADE-DSM user factors (for example their relationship with the decision-maker andknowledge of the organization), decision-maker factors (for example their experience andknowledge making international market selection decisions) and organizational factors (forexample senior managements’ commitment to big data and analytics). Drawing on the insightsgained in the study, we developed a multi-phase, big-data analytics model for internationalmarket selection.

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