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Chapter 8: Decision Making
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Classes AND FEATURES OF DM
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Uncertainty Time Familiarity and Expertise Classes of DM research
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AN INFORMATION PROCESSING MODEL OF DECISION MAKING
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WHAT IS “GOOD’ DECISION MAKING?
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DIAGNOSIS AND SITUATION ASSESSMENT IN DECISION MAKING
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Estimating Cues: Perception
Proportions Projections Randomness Gambler’s fallacy
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Evidence Accumulation, Selective Attention: Cue Seeking and Hypothesis Formation
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Evidence Accumulation, Selective Attention: Cue Seeking and Hypothesis Formation
Information cues are missing Cues are numerous: Information overload Cues are differently salient Salient bias, absence of cue
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Evidence Accumulation, Selective Attention: Cue Seeking and Hypothesis Formation
Processed cues are not differentially weighted by information value As-if heuristic
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Expectations in Diagnosis: The Role of Long-Term Memory
Representativeness Base rate The availability heuristic
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Belief Changes Over Time
Anchoring heuristic The confirmation Bias Cost of thinking, motivational factors (consistency), self-fulfilling prophecy Decision fatigue
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CHOICE OF ACTION
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Certain Choice
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Choice Under Uncertainty: The Expected Value Model
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Heuristics and Biases in Uncertain Choice
Direct retrieval Distortions of values and costs: Loss aversion
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Heuristics and Biases in Uncertain Choice
Temporal discounting Perception of probability The framing effect
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EFFORT AND META COGNITION
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Effort Performance-resource function Contingent model
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Meta-Cognition and (Over) confidence
Diagnostic or problem difficulty Evidence reliability
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Experience and Expertise in DM
Holistic decision making expertise
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Experience and Expertise in DM
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Improving Decision Making
Training debiasing Proceduralization Displays Automation and Decision Support Tools
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