Dynamic and naturalistic decision making Flashcards
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what is open loop decision making
beliefs that objective events representing uncertainty in environments
desires representing outcomes of each action event of outcomes
dynamic decision making
control process
decisions based on experience are feedback dependent
real world examples of DDM
managing climate change
firefighters
driving a car
what influences closed loop learning processes
goals,
external events,
previous decision and previous outcomes
what does closed loop decisions depend on
previous choices
external events
e.g decisions made by other people
what are the cognitive processes
high level cognitive processes that builds basic process
what is choice influenced by
cognitive processes occuring before choice is made
what is dynamics
the dependence of the systems state on the state at an earlier time
what is complexity
the number of interacting or connected elements
what is opaqueness
invisibility of some aspects in system
what is dynastic complexity
decision makers are able to use system feedback in order to control system
what where the players representing in the beer game
supply chain,
distributor,
wholesaler,
retailer
what was the beer game by sterman 89 do
time delays in system
they have to maintain supply chain
what does the retailer do in the game
targets demand for game round
only retailer knows initial demand
what is the bullwhip effect
oberserved distribution with uncertain demands patterns and limited information about different chain elements
