Search results for "Decision field theory"
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Software Modernization and Replacement Decision Making in Industry: A Qualitative Study
2006
Software modernization and replacement decisions are crucial to many organizations. They affect greatly to the success and well being of the organizations and their people. The decisions like that are usually presumed to be rational and based on facts. These decisions and how they are made tell much about the decision makers and the decision making tools available to them. Interviews of 29 software modernization decision makers or senior experts were analyzed in order to find out how the decisions were made and what models and tools were used. It turned out that decisions are not as rational as supposed. Intuition is the dominant factor in decision making. Formal software engineering orient…
A genetic algorithm for analyzing choice behavior with mixed decision strategies
2009
In the field of decision-making a fundamental problem is how to uncover people's choice behavior. While choices them- selves are often observable, our underlying decision strategies determining these choices are not entirely understood. Previous research defined a number of decision strategies and conjectured that people do not apply only one strategy but switch strategies during the decision process. To the best of our knowledge, empirical evidence for the latter conjecture is missing. This is why we monitored the purchase decisions 624 consumers shopping online. We study how many of the observed choices can be explained by the existing strategies in their pure form, how many decisions can…