Some Behavioural Aspects of Information Use in Decision Making: A Study of Clinical Judgements

1976 ◽  
pp. 378-391 ◽  
Author(s):  
S. L. Schwartz ◽  
I. Vertinsky ◽  
W. T. Ziemba ◽  
M. Bernstein
Keyword(s):  
Decision Making ◽  
Information Use ◽  
Behavioural Aspects

Kegunaan Informasi Akuntansi dalam Pengambilan Keputusan Internal oleh Unit Akuntansi Kuasa Pengguna Anggaran (UAKPA)

2017 ◽  
Vol 2 (4) ◽  
pp. 73-91
Author(s):  
Karno Pandu Wibowo
Keyword(s):  
Decision Making ◽  
Accounting Information ◽  
Information Use ◽  
External Factors ◽  
Accrual Accounting ◽  
Related Factors ◽  
Internal Factors ◽  
Level Of Use ◽  
Accrual Basis ◽  
Cash Basis

This study aims to determine the usefulness level of accounting information (on cash basis and accrual basis) in central goverment agencies internal decision-making process. In addition, this study also aims to determine the influence of the organization’s external factors, the organization's internal factors and Individual Actor’s Characteristic Related Factors on the level of use of accounting information in central goverment agencies internal decision making.The research show that  level of accrual accounting information use in the context of internal decision making is high. In addition it showed differences between  level of cash-based accounting information use and accrual-based accounting information use. This study also addressed that the organization’s external factors, the organization's internal factors and individual actor’s characteristic related factors significantly influence both level of accounting information use  on cash basis and accrual basis in the internal decision-making. Except for the organization’s external factors  did not significantly affect the level of accrual accounting information use  in the internal decision-making.   Abstrak Penelitian ini bertujuan untuk mengetahui tingkat kegunaan informasi akuntansi (berbasis kas dan akrual) dalam proses pengambilan keputusan internal Unit Akuntansi Kuasa Pengguna Anggaran (UAKPA). Selain itu penelitian ini juga bertujuan untuk mengetahui pengaruh faktor eksternal organisasi, faktor internal organisasi dan faktor karakteristik individu pengguna terhadap tingkat penggunaan informasi akuntansi dalam pengambilan keputusan internal Unit Akuntansi Kuasa Pengguna Anggaran (UAKPA).Temuan peneliti menunjukan bahwa tingkat penggunaan informasi akuntansi berbasis akrual tinggi dalam rangka pengambilan keputusan internal. Selain itu penelitian menunjukan adanya perbedaan tingkat penggunaan antara informasi akutansi berbasis kas dan informasi akutansi berbasis akrual. Penelitian juga menujukan bahwa faktor eksternal organisasi, faktor internal organisasi dan faktor karakteristik individu pengguna berpengaruh signifikan terhadap tingkat penggunaan informasi akuntansi (berbasis kas dan akrual) dalam pengambilan keputusan internal. Kecuali untuk faktor eksternal organisasi tidak berpengaruh signifikan terhadap tingkat penggunaan informasi akuntansi akrual dalam pengambilan keputusan internal.

The Role of Experience in Information Use and Decision Making by Marketing Managers

1990 ◽  
Vol 27 (1) ◽  
pp. 1 ◽  
Author(s):  
W. Steven Perkins ◽  
Ram C. Rao
Keyword(s):  
Decision Making ◽  
Information Use ◽  
Marketing Managers

scholarly journals Collective decision making by rational individuals

2018 ◽  
Vol 115 (44) ◽  
pp. E10387-E10396 ◽  
Author(s):  
Richard P. Mann
Keyword(s):  
Decision Making ◽  
Full Range ◽  
Social Information ◽  
Information Use ◽  
Collective Decision ◽  
Collective Decision Making ◽  
Rational Decision ◽  
Rational Decision Making ◽  
Wide Range ◽  
Social Information Use

The patterns and mechanisms of collective decision making in humans and animals have attracted both empirical and theoretical attention. Of particular interest has been the variety of social feedback rules and the extent to which these behavioral rules can be explained and predicted from theories of rational estimation and decision making. However, models that aim to model the full range of social information use have incorporated ad hoc departures from rational decision-making theory to explain the apparent stochasticity and variability of behavior. In this paper I develop a model of social information use and collective decision making by fully rational agents that reveals how a wide range of apparently stochastic social decision rules emerge from fundamental information asymmetries both between individuals and between the decision makers and the observer of those decisions. As well as showing that rational decision making is consistent with empirical observations of collective behavior, this model makes several testable predictions about how individuals make decisions in groups and offers a valuable perspective on how we view sources of variability in animal, and human, behavior.

The emerging role of PDAs in information use and clinical decision making

2009 ◽  
Vol 12 (2) ◽  
pp. 35-38 ◽  
Author(s):  
D. Doran
Keyword(s):  
Decision Making ◽  
Clinical Decision Making ◽  
Information Use ◽  
Clinical Decision

scholarly journals A Study on The Behavioural Aspects of Retail Investors for Investment Decision Making in Telangana State

2016 ◽  
Vol 1 (1) ◽  
pp. 51-59
Author(s):  
Jhansi Rani Boda ◽  
G. Sunitha ◽  
Parag Ray
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Investment Decision ◽  
Investment Behavior ◽  
Behavioral Patterns ◽  
Behavioral Factors ◽  
Investment Decision Making ◽  
Retail Investors ◽  
Telangana State ◽  
Behavioural Aspects

Objective - Investment is the commitment of funds which have been saved from the current consumption with an expectation of favorable future returns. Investment behavior is concerned with choices made about the purchase of a significant number of securities for an individual or institutional account. Individual investment behavior is relatively a new area of research in behavioral finance. This study aims to identify the various behavioral patterns of retail investors and their investment decision making in the newly formed Telangana state of India. Methodology/Technique - Data were collected from a sample of 200 retail investors via a structured questionnaire. Factor analysis was then conducted to critically identify the behavioral patterns of the retail investors. Findings - The findings of this study indicate that the two behavioral factors of Heuristics and Prospect have significant impact on the investment decision making attitudes of the retail investors. Novelty - As a newly formed state in India, the Telangana state provides potential investment opportunities for retail as well as institutional investors. It is thus, highly imperative to explore how retail investors make investment decisions especially in the newly formed Telangana State in India Type of Paper: Empirical Keywords: Behavioral Factors; Behavioral Finance; Investment Behavior; Investment Decision Making; Retail Investor.

scholarly journals Factors impacting physician use of information charted by others

JAMIA Open ◽  
2018 ◽  
Vol 2 (1) ◽  
pp. 107-114
Author(s):  
Meredith N Zozus ◽  
Melody Penning ◽  
William E Hammond
Keyword(s):  
Decision Making ◽  
Information System ◽  
Information Quality ◽  
Information Source ◽  
Information Use ◽  
Narrative Text ◽  
Healthcare Data ◽  
Quality Literature ◽  
Information User ◽  
Willingness To Use

Abstract Objectives To identify factors impacting physician use of information charted by others. Materials and methods A 4-round Delphi process was conducted with physicians and non-physicians publishing in the healthcare data quality literature to identify and characterize factors impacting physician use of information charted by others (other people or devices), either within or external to their organization. Factors with high average importance and reliability were categorized according to similarity of topic. Results Thirty-nine factors were ultimately identified as impacting physician use of information charted by others. Five categories of factors included aspects of: the information source, the information itself, the information user, the information system, and aspects of healthcare as an institution. In addition, 4 themes were identified: (1) value of narrative text in providing context, (2) importance of mental models and personal heuristics in deciding whether, and how to use information, (3) loss of confidence in, and decreased use of information due to errors encountered, and (4) existence of a trust hierarchy potentially influencing information use. Discussion Five similarly focused studies have recently probed clinician willingness to use information in decision-making. Our results mostly confirmed factors identified by prior studies, and uniquely identified aspects of the information user as important. Conclusion According to the participants in this study, information quality is prominent among factors impacting physician use of information charted by others. Based on this and similar studies, it appears that despite concerns about information quality, physicians use information charted by others.

scholarly journals McClure and Samuels’ Study on Information Sources Used for Decision Making and the Connection to Organizational Climate Still Resonates Today

2014 ◽  
Vol 9 (4) ◽  
pp. 78
Author(s):  
Denise Koufogiannakis
Keyword(s):  
Decision Making ◽  
Organizational Climate ◽  
Academic Libraries ◽  
Information Dissemination ◽  
Information Sources ◽  
Academic Library ◽  
Information Use ◽  
Democratic Governance ◽  
Academic Librarians ◽  
Sources Of Information

A Review of: McClure, C. R., & Samuels, A. R. (1985). Factors affecting the use of information for academic library decision making. College & Research Libraries, 46(6), 483-498. Abstract Objective - To investigate the use of information sources for decision making within academic libraries; specifically looking at what sources of information are used, whether information use is related to organizational climate, and what organizational factors lead to optimal information use in decision making. Design - Cross-sectional survey on a random sample of libraries. Setting - 18 medium to moderately large academic libraries from across the United States. Subjects - 356 academic librarians holding a variety of positions and levels of responsibility within their organizations. Methods - A questionnaire was mailed to participants in order to measure relationships between four main variables: information acquisition, information dissemination, information evaluation, and library climate. All instruments were validated and tested for reliability. Participants were given 10 library decision situations to consider, together with a list of potential information sources to inform the decision, and then choose which information source they would use primarily in each situation. Participants’ perception of their library climate was measured with five scales covering innovation, support, freedom, democratic governance, and esprit. Main Results - The study found that academic librarians prefer internal sources of information, such as interpersonal communication with library staff, and library committees, for making decisions. However, paraprofessional staff members were not seen as meaningful sources of information within this grouping. The participants rarely chose to consult external information sources, such as other professionals outside of the library, or library users. Information sources such as conducting research, continuing education, past experience, or personal opinion were not found to be important to the participants’ decision making. Written documents such as articles, books, and brochures were also seldom used. Democratic governance was the organizational climate dimension found to be most closely linked to information dissemination. Conclusion - The authors conclude that the study suggests that academic librarians are not using a full complement of information sources to assist with their decision making, and that the “information that is used tends to be ‘opinion-based’ rather than empirically based” (p. 495). Proximity of information plays a role, with information that is closer and easier to obtain being used more frequently. The authors strongly stress, with concern, that, “current academic library decision-making processes encourage ineffective activities since they preclude or limit clientele input, empirical research, and additional environmental input” (p. 495).

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