scholarly journals By chance or by choice? Biased attribution of others’ outcomes when social preferences matter

2021 ◽  
Author(s):  
Nisvan Erkal ◽  
Lata Gangadharan ◽  
Boon Han Koh
Keyword(s):  
Social Preferences ◽  
Decision Makers ◽  
Belief Formation ◽  
Risk And Uncertainty ◽  
Trade Off ◽  
Good Outcome ◽  
Attribution Biases ◽  
Choices Under Risk ◽  
Made In

AbstractDecision makers in positions of power often make unobserved choices under risk and uncertainty. In many cases, they face a trade-off between maximizing their own payoff and those of other individuals. What inferences are made in such instances about their choices when only outcomes are observable? We conduct two experiments that investigate whether outcomes are attributed to luck or choices. Decision makers choose between two investment options, where the more costly option has a higher chance of delivering a good outcome (that is, a higher payoff) for the group. We show that attribution biases exist in the evaluation of good outcomes. On average, good outcomes of decision makers are attributed more to luck as compared to bad outcomes. This asymmetry implies that decision makers get too little credit for their successes. The biases are exhibited by those individuals who make or would make the less prosocial choice for the group as decision makers, suggesting that a consensus effect may be shaping both the belief formation and updating processes.

The Effects of Decision Time on Perceptions of Decisions and Decision Makers in (Moral) Trade-Off Scenarios

2019 ◽  
Author(s):  
Anna Katharina Spälti ◽  
Mark John Brandt ◽  
Marcel Zeelenberg
Keyword(s):  
Decision Process ◽  
Decision Time ◽  
Decision Makers ◽  
Process Information ◽  
Total N ◽  
Trade Off ◽  
Financial Gain ◽  
Trade Offs ◽  
Sacred Values ◽  
Moral Context

People often have to make trade-offs. We study three types of trade-offs: 1) "secular trade-offs" where no moral or sacred values are at stake, 2) "taboo trade-offs" where sacred values are pitted against financial gain, and 3) "tragic trade-offs" where sacred values are pitted against other sacred values. Previous research (Critcher et al., 2011; Tetlock et al., 2000) demonstrated that tragic and taboo trade-offs are not only evaluated by their outcomes, but are also evaluated based on the time it took to make the choice. We investigate two outstanding questions: 1) whether the effect of decision time differs for evaluations of decisions compared to decision makers and 2) whether moral contexts are unique in their ability to influence character evaluations through decision process information. In two experiments (total N = 1434) we find that decision time affects character evaluations, but not evaluations of the decision itself. There were no significant differences between tragic trade-offs and secular trade-offs, suggesting that the decisions structure may be more important in evaluations than moral context. Additionally, the magnitude of the effect of decision time shows us that decision time, may be of less practical use than expected. We thus urge, to take a closer examination of the processes underlying decision time and its perception.

scholarly journals Performance vs. hardware requirements in state-of-the-art automatic speech recognition

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
Alexandru-Lucian Georgescu ◽  
Alessandro Pappalardo ◽  
Horia Cucu ◽  
Michaela Blott
Keyword(s):  
Speech Recognition ◽  
Automatic Speech Recognition ◽  
State Of The Art ◽  
Decision Makers ◽  
Computing Power ◽  
Trade Off ◽  
Speech Features ◽  
Commercial Applications ◽  
Guided Tour ◽  
Embedded Applications

AbstractThe last decade brought significant advances in automatic speech recognition (ASR) thanks to the evolution of deep learning methods. ASR systems evolved from pipeline-based systems, that modeled hand-crafted speech features with probabilistic frameworks and generated phone posteriors, to end-to-end (E2E) systems, that translate the raw waveform directly into words using one deep neural network (DNN). The transcription accuracy greatly increased, leading to ASR technology being integrated into many commercial applications. However, few of the existing ASR technologies are suitable for integration in embedded applications, due to their hard constrains related to computing power and memory usage. This overview paper serves as a guided tour through the recent literature on speech recognition and compares the most popular ASR implementations. The comparison emphasizes the trade-off between ASR performance and hardware requirements, to further serve decision makers in choosing the system which fits best their embedded application. To the best of our knowledge, this is the first study to provide this kind of trade-off analysis for state-of-the-art ASR systems.

THE RESEARCH LITERATURE, EFFECTS OF INTELLECTUAL CAPITAL ON THE QUANTITATİVE AND QUALITATIVE PERFORMANCE OF BUSINESS IN TURKEY

2021 ◽  
Vol 6 (11) ◽  
pp. 354-364
Author(s):  
Bahar ALTUNOK
Keyword(s):  
Intellectual Capital ◽  
Business Performance ◽  
Social Preferences ◽  
Research Literature ◽  
Industrial Society ◽  
Technological Developments ◽  
Main Factors ◽  
Qualitative Performance ◽  
Positive Effect ◽  
Made In

Globalization, technological developments, changes in social preferences and the fact that customers become more accessible to better with cheaper prices have changed the nature of competition for businesses in the process of transition from industrial society to knowledge economy. In this competitive environment, intellectual capital is defined as the greatest competitive power for businesses. Because intellectual capital is special and unique to every business and it is the invisible assets of businesses that are known only by their own employees, covering the knowledge and skills of the employees. And businesses with intellectual capital develop and use their intellectual capital effectively; However, they can make a difference to their competitors and add value to themselves in today's competitive market. In this study, the studies are examined which made in the YÖK Thesis Center regarding the effects of intellectual capital and its sub-main factors on business performance and the importance of intellectual capital for businesses has been tried to be shown. In the studies examined, the result has been reached that intellectual capital has a positive effect on business performance.

scholarly journals Addressing Poverty in Sudan and Malaysia: A Story of Success and Constraints

2016 ◽  
Vol 9 (2) ◽  
pp. 206
Author(s):  
Hillo Abdelatti ◽  
Yasin Elhadary ◽  
Narimah Samat
Keyword(s):  
Comparative Study ◽  
World Bank ◽  
Poverty Line ◽  
Decision Makers ◽  
The Political ◽  
Political Will ◽  
Muslim Countries ◽  
National Governments ◽  
Desk Review ◽  
Made In

Sudan and Malaysia have shown some socio-economic similarities especially when it comes to the issue of addressing poverty. After independence, almost half of the entire population of both countries were living under poverty line. The successive national governments in both countries have embarked on eliminating the extreme poverty. The aim of this paper is to highlight the policies and programmes adopted and implemented by policymakers in both countries in addressing poverty. The overall objective is to uncover the secret of the success and constraints faced both countries in addressing poverty. To achieve such objective, the paper based mainly on a desk review of recent documents and review of some recent researches' result. The paper has come out with that the similarities between both countries manifested itself in that both are classified as Muslim countries, have an agricultural background, inherited the same legacy as been colonized by British, their communities consist of various ethnic groups and minorities with sharp spatial and ethnic inequalities in income and social class. Despite these, Malaysia has succeeded in reducing poverty from over fifty 52.4% in 1970 to around one per cent 1.2 % in 2015, while less progress has been made in side of Sudan. Moreover, unlike Sudan, Malaysia has managed to achieve the MDGs goals in halving a head before the time determined, while Sudan has long way and it seems impossible to fulfil such objective even after 2015. Our findings have shown that, formulated home-grown policies, rejecting imposed policies by international institutions (World Bank), availability and accessibility of up to date poverty data, ability to implement policies and above all the political will are the main drivers behind the secret of success in the side of Malaysia and vice versa for Sudan. Sudan like other countries has to follow the Malaysia model if the decision makers are serious in eliminating poverty. This paper may contribute to the on-going discussion on poverty and open rooms for more comparative study between nations. Comparative study will help the planners in formulating rational policy, benefitting from exchanging ideas and learning from each.

scholarly journals KIAT-KIAT PEMBERDAYAAN PERPUSTAKAAN SEKOLAH

Edulib ◽  
2014 ◽  
Vol 4 (1) ◽  
Author(s):  
Euis Rosinar
Keyword(s):  
School Library ◽  
Decision Makers ◽  
Teaching Staff ◽  
Library Services ◽  
Early Age ◽  
Library Design ◽  
New Paradigm ◽  
Standing Structure ◽  
Academic Area ◽  
Made In

AbstractA combination of experts’ idea-generating, dignitaries in librarianship, and decision makers’ concerns at the level of Government should have been made capable of realizing libraries as the facilitator of teaching-learnig process with promising outcomes. Bright learners by way of efforts made in terms of an ever enhanced curriculum should have been developing to sophisticated personalities and geared towards humans with qualities. What has gone in practice proves to be swerving to some extent in that some sort of comprehensive model of running library services is due needed: a standing structure built in the middle of the scholl; collections including books, non-books, digital; and truly Librarian (i.e. main manager of the intellectual asset). Any most interesting activities possible need to be created to make library an area of “play” being the goal of a means to accelerating a reading habit especially among children in their early age. The librarian’s new paradigm should manage to penetrate the academic area of teachers in order that their collaboration with the teaching staff gives the chance to the library’s functioning in an optimal way.Keywords: School library, school library design, school library activities ABSTRAKPerpaduan rancang-gagas pakar, dignitary kepustakawanan, dan decision makers pada tataran Pemerintah seharusnya telah mewujudkan perpustakaan sebagai fasilitas proses belajar-mengajar yang mumpuni. Pembelajar yang dicerdaskan oleh upaya pencanggihan kurikulum sekolah seyogianya bertumbuh menjadi pribadi yang unggul dan berkembang ke arah insan yang berkualitas. Kenyataan di lapangan saat ini memerlukan suatu model menyeluruh penyelenggaraan perpustakaan: gedung yang berdiri tegap ditengah-tengah sekolah; koleksi buku, non-buku, digital; dan Pustakawan (baca: pengelola utama aset intelektual) seutuhnya. Kegiatan-kegiatan menarik harus dikreasikan untuk menjadikan perpustakaan sebagai area “bermain” yang dimaksudkan sebagai ajang penumbuhan minat baca terutama pembelajar usia dini. Paradigma baru Pustakawan selayaknya merambah ke wilayah akademik pengajar agar kolaborasinya kelak berimbas pada berfungsinya perpustakaan secara optimal.Kata kunci: Perpustakaan sekolah, tata ruang perpustakaan sekolah, kegiatan perpustakaan sekolah

scholarly journals Secured Video Transmission Using Encryption by MD5

2019 ◽  
Vol 9 (1) ◽  
pp. 6393-6397
Keyword(s):  
Video Transmission ◽  
Mixed Media ◽  
Video Encryption ◽  
Trade Off ◽  
Security And Protection ◽  
Transmitted Information ◽  
Video Information ◽  
Parallel Condition ◽  
Made In

Advances in computerized substance transmission have expanded in the previous couple of years. Be that as it may, Security and protection issues of the transmitted information have turned into an imperative worry in mixed media innovation. The paper displays a computationally capable and secure video encryption approach with usage of appropriated and parallel condition. The paper expects to make secure video encryption practical for constant applications with no additional committed equipment at recipient side. Verifying is a major testing assignment especially with respect to affirmation of privacy, confirmation and uprightness. Writing indicates utilization of cryptography and steganography to verify distinctive types of computerized information. The wide utilization of correspondence utilizing Internet has encouraged sharing of content as well as sound and video posts in a less difficult way. A standard encryption calculation is particularly material for content and twofold information yet neglects to deal with voluminous video information. An endeavor has been made in the paper to verify recordings utilizing keyed hash calculations. Experimentation unmistakably uncovered the advantages of the proposed plan regarding guaranteeing trustworthiness and realness without trade off in nature of the video.

scholarly journals Lapses in perceptual decisions reflect exploration

eLife ◽  
2021 ◽  
Vol 10 ◽  
Author(s):  
Sashank Pisupati ◽  
Lital Chartarifsky-Lynn ◽  
Anup Khanal ◽  
Anne K Churchland
Keyword(s):  
Decision Making ◽  
Motor Cortex ◽  
Reward Magnitude ◽  
Decision Makers ◽  
Decision Task ◽  
Trade Off ◽  
Strategic Trade ◽  
Evidence Strength ◽  
Constant Rate ◽  
Brain States

Perceptual decision-makers often display a constant rate of errors independent of evidence strength. These 'lapses' are treated as a nuisance arising from noise tangential to the decision, e.g. inattention or motor errors. Here, we use a multisensory decision task in rats to demonstrate that these explanations cannot account for lapses' stimulus dependence. We propose a novel explanation: lapses reflect a strategic trade-off between exploiting known rewarding actions and exploring uncertain ones. We tested this model's predictions by selectively manipulating one action's reward magnitude or probability. As uniquely predicted by this model, changes were restricted to lapses associated with that action. Finally, we show that lapses are a powerful tool for assigning decision-related computations to neural structures based on disruption experiments (here, posterior striatum and secondary motor cortex). These results suggest that lapses reflect an integral component of decision-making and are informative about action values in normal and disrupted brain states.

D Minus Months: Strategic Planning for Weather-Sensitive Decisions

2021 ◽  
Author(s):  
Eva D. Regnier ◽  
Joel W. Feldmeier
Keyword(s):  
Decision Making ◽  
Decision Analysis ◽  
Weather Forecasting ◽  
Decision Makers ◽  
Strategic Decisions ◽  
Sequential Decisions ◽  
Weather Forecasts ◽  
Current State ◽  
Set Up ◽  
Made In

General Eisenhower’s decisions to postpone and, one day later, to launch the “D-Day” invasion of Normandy are a gripping illustration of sequential decisions under uncertainty, suitable for any introductory decision analysis class. They’re also the archetypal example of weather-sensitive decision making using a forecast. This paper develops a framework for analyzing weather-sensitive decisions with a focus on the less-familiar strategic decisions that determine how forecasts are produced and what operational alternatives are available so that decision makers can extract value from forecasts. We tell the story of the decisions made in the months before D-Day regarding how to set up the forecasting process and the myriad decisions implicating nation-level resources that prepared Allied forces not just to invade, but to hold open that decision until the last possible hour so that Eisenhower and his staff could use the critical forecasts. Finally, we overview the current state of the weather-forecasting enterprise, the current challenges of interest to decision analysts, and what this means for decision analysts seeking opportunities to help the weather enterprise improve forecasts and to help operational decision makers extract more value from modern weather forecasts.

Hume’s Fine Balance

2016 ◽  
Author(s):  
Emily C. Nacol
Keyword(s):  
Risk And Uncertainty ◽  
Background Condition ◽  
Deep Uncertainty ◽  
Good Outcome

This chapter offers an interpretation of David Hume's body of work as simultaneously sensitive to how uncertainty and risk can enervate commercial actors and committed to emboldening these actors to take more risks. Hume's writings on passion, cognition, politics, and commerce reveal an apt representation of how risk and uncertainty are entangled in the minds of subjects, as well as a robust explanation for why so many people are made anxious by risks, even ones that promise a good outcome. Hume's expressions of philosophical skepticism and his treatment of probability establish his view that deep uncertainty is the background condition for commerce and for the politics of commercial societies, and show that he is unusually mindful of the disconcerting experience of living with uncertainty.

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