Multiple Switching and Data Quality in the Multiple Price List

A substantial proportion of individuals who complete the widely used multiple price list (MPL) instrument switch back and forth between the safe and the risky choice columns, behavior that is believed to indicate lowquality decision making. We develop a conceptual framework to formally define decision-making quality, test explanations for the nature of low-quality decision making, and introduce a novel “nudge” treatment that reduced multiple switching behavior and increased decision-making quality. We find evidence in support of task-specific miscomprehension of the MPL and that nonmultiple switchers and relatively high-cognitive-ability individuals are not immune to low-quality decision making.

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Context-based Data Quality Metrics in Data Warehouse Systems

CLEI electronic journal ◽

10.19153/cleiej.20.2.3 ◽

2017 ◽

Vol 20 (2) ◽

Cited By ~ 1

Author(s):

Flavia Serra ◽

Adriana Marotta

Keyword(s):

Decision Making ◽

Literature Review ◽

Data Quality ◽

Conceptual Framework ◽

Data Warehouse ◽

Quality Metrics ◽

Research Community ◽

System Component ◽

Community Data ◽

Data Quality Metrics

The fact that Data Quality (DQ) depends on the context, in which data are produced, stored and used, is widely recognized in the research community. Data Warehouse Systems (DWS), whose main goal is to give support to decision making based on data, have had a huge growth in the last years, in research and industry. DQ in this kind of systems becomes essential. This work presents a proposal for identifying DQ problems in the domain of DWS, considering the different contexts that exist in each system component. This proposal may act as a first conceptual framework that guides the DQ-responsible in the management of DQ in DWS. The main contributions of this work are a thorough literature review about how contexts are used for evaluating DQ in DWS, and a proposal for assessing DQ in DWS through context-based DQ metrics.

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Multiple Switching and Data Quality in the Multiple Price List

SSRN Electronic Journal ◽

10.2139/ssrn.3016189 ◽

2017 ◽

Author(s):

Y. Jane Zhang ◽

Sharon Xuejing Zuo ◽

Chi Wai Yu

Keyword(s):

Data Quality ◽

Price List ◽

Multiple Switching

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Factors Affecting Customer Switching Behavior towards Hybrid Electrical Vehicles (HEV’s) from a Customer Perspective in Jordan

European Journal of Marketing and Economics ◽

10.26417/ejme.v1i3.p53-65 ◽

2018 ◽

Vol 1 (3) ◽

pp. 53

Author(s):

Bushra Mahadin

Keyword(s):

Decision Making ◽

Consumer Behaviour ◽

New Technologies ◽

International Marketing ◽

Current Trend ◽

Switching Behavior ◽

Future Research ◽

Decision Making Process ◽

Customer Switching ◽

Electrical Vehicles

Purpose-This paper aims to investigate factors that affect customer switching from Internal Combustion Engine Vehicles (ICEV’s) to Hybrid Electrical Vehicles (HEV’s), in Jordan for the period of (2010-2014).Design/methodology/approach-A self-administered survey was hand-delivered to the targeted sample of car users in Jordan. The authors delivered 400 questionnaires to customers, from which 333 were deemed valid for the analysis, corresponding to the percentage of (83.25%) which indicates the validity of the study. Findings- There was no difference in switching behavior between (ICEV’s) and (HEV’s) based on gender in the Jordanian market. Fuel consumption efficiency was the number one variable that supports the switching behavior towards (HEV's), followed by Eco friendliness, lower taxes and technological features. Price and the current trend in the market were the least supporting factors. In addition to that the perception of the battery life of (HEV's), limited choices in the market, lack of information and fear of the relatively new technology were the major hindering factors of choosing an (HEV).Research limitations-Future research needs to investigate other factors that may affect customers’ behavior such as perceived image, trust, and subjective norms. Future research should investigate into the importance of environmental awareness and new technologies, and gender differences in behavior. From an international marketing standpoint, comparative studies between Jordanian and non-Jordanian customers are potential areas of future research for international marketing strategies and cross-cultural consumer behaviour analysis. Practical implications-The paper identifies the determinants of switching behavior. marketers should focus addressing customers concerns in terms of providing enough information and building awareness towards the technology and it's benefits towards the society and the environment.Originality/value-Our study is one of the few in Jordan that investigates the switching behavior towards vehicles technology. Our study is thought to have made a modest contribution to consumer behaviour literature and, specifically, for decision making process. It offers marketers insights into the determinants of switching behavior towards the hybrid vechicle technology and how this contribute to consumers’ decision making process and attitudes to achieve the intended behavioural outcomes

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Shifting uncertainty intolerance: methylphenidate and attention-deficit hyperactivity disorder

Translational Psychiatry ◽

10.1038/s41398-020-01118-4 ◽

2021 ◽

Vol 11 (1) ◽

Author(s):

Alekhya Mandali ◽

Arjun Sethi ◽

Mara Cercignani ◽

Neil A. Harrison ◽

Valerie Voon

Keyword(s):

Decision Making ◽

Attention Deficit Hyperactivity Disorder ◽

Attention Deficit ◽

Computational Models ◽

Risky Choice ◽

Risk Tolerance ◽

Healthy Population ◽

Hyperactivity Disorder ◽

Risky Choices ◽

Cardinal Symptom

AbstractRisk evaluation is a critical component of decision making. Risk tolerance is relevant in both daily decisions and pathological disorders such as attention-deficit hyperactivity disorder (ADHD), where impulsivity is a cardinal symptom. Methylphenidate, a commonly prescribed drug in ADHD, improves attention but has mixed reports on risk-based decision making. Using a double-blinded placebo protocol, we studied the risk attitudes of ADHD patients and age-matched healthy volunteers while performing the 2-step sequential learning task and examined the effect of methylphenidate on their choices. We then applied a novel computational analysis using the hierarchical drift–diffusion model to extract parameters such as threshold (‘a’—amount of evidence accumulated before making a decision), drift rate (‘v’—information processing speed) and response bias (‘z’ apriori bias towards a specific choice) focusing specifically on risky choice preference. Critically, we show that ADHD patients on placebo have an apriori bias towards risky choices compared to controls. Furthermore, methylphenidate enhanced preference towards risky choices (higher apriori bias) in both groups but had a significantly greater effect in the patient population independent of clinical scores. Thus, methylphenidate appears to shift tolerance towards risky uncertain choices possibly mediated by prefrontal dopaminergic and noradrenergic modulation. We emphasise the utility of computational models in detecting underlying processes. Our findings have implications for subtle yet differential effects of methylphenidate on ADHD compared to healthy population.

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Risky‐choice framing and rational decision‐making

Philosophy Compass ◽

10.1111/phc3.12763 ◽

2021 ◽

Author(s):

Sarah A. Fisher ◽

David R. Mandel

Keyword(s):

Decision Making ◽

Risky Choice ◽

Rational Decision ◽

Rational Decision Making ◽

Choice Framing

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Structured decision making as a conceptual framework to identify thresholds for conservation and management

Ecological Applications ◽

10.1890/08-0255.1 ◽

2009 ◽

Vol 19 (5) ◽

pp. 1079-1090 ◽

Cited By ~ 168

Author(s):

Julien Martin ◽

Michael C. Runge ◽

James D. Nichols ◽

Bruce C. Lubow ◽

William L. Kendall

Keyword(s):

Decision Making ◽

Conceptual Framework ◽

Structured Decision Making ◽

Conservation And Management

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Collective decision-making and fission-fusion dynamics: a conceptual framework

Oikos ◽

10.1111/j.1600-0706.2011.19685.x ◽

2011 ◽

Vol 120 (11) ◽

pp. 1608-1617 ◽

Cited By ~ 108

Author(s):

Cédric Sueur ◽

Andrew J. King ◽

Larissa Conradt ◽

Gerald Kerth ◽

David Lusseau ◽

...

Keyword(s):

Decision Making ◽

Conceptual Framework ◽

Collective Decision ◽

Collective Decision Making

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Design of Marine Data Warehouse ETL System

Applied Mechanics and Materials ◽

10.4028/www.scientific.net/amm.668-669.1374 ◽

2014 ◽

Vol 668-669 ◽

pp. 1374-1377 ◽

Cited By ~ 1

Author(s):

Wei Jun Wen

Keyword(s):

Decision Making ◽

Data Quality ◽

Data Warehouse ◽

Environmental Data ◽

Data Sources ◽

Quality Data ◽

Critical Step ◽

Marine Data ◽

Data Extracting ◽

Marine Environmental

ETL refers to the process of data extracting, transformation and loading and is deemed as a critical step in ensuring the quality, data specification and standardization of marine environmental data. Marine data, due to their complication, field diversity and huge volume, still remain decentralized, polyphyletic and isomerous with different semantics and hence far from being able to provide effective data sources for decision making. ETL enables the construction of marine environmental data warehouse in the form of cleaning, transformation, integration, loading and periodic updating of basic marine data warehouse. The paper presents a research on rules for cleaning, transformation and integration of marine data, based on which original ETL system of marine environmental data warehouse is so designed and developed. The system further guarantees data quality and correctness in analysis and decision-making based on marine environmental data in the future.

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A conceptual framework for wisdom-based decision-making process in audit profession

Library Hi Tech ◽

10.1108/lht-10-2020-0256 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Hoang To Loan Nguyen

Keyword(s):

Decision Making ◽

Grounded Theory ◽

Conceptual Framework ◽

Research Process ◽

Decision Making Process ◽

Ethical Orientation ◽

Content Type ◽

External Auditors ◽

Wise Decision ◽

Knowledge Assimilation

PurposeWisdom is considered as crucial in decision-making in both management and auditing practice. This research aims to investigate the concept of wisdom in auditing, thereby empirically exploring the determinants of wisdom in audit decision-making and explaining inter-relations among these determinants.Design/methodology/approachThis study employs grounded theory methodology that is based on in-depth interviews with twenty-seven practicing auditors who are audit partners, managers, seniors and assistants of auditing firms. Guided by the grounded theory, data collection and data analyses were conducted simultaneously to look into the new insights of the research phenomenon. The coding process was constantly compared until the research's theoretical saturation is reached after four rounds. At the end of the research process, the study conducted a survey to confirm the proposed framework as well as examine the inter-relationships between the defined determinants.FindingsResults suggest developing a conceptual framework to interpret wisdom-based decision-making process in auditing. A wise process of audit decision-making is defined as an integrated exercise of multiple determinants including knowledge assimilation, judgmental ability and ethical orientation. The research also explains and examines the potential interrelationships among these determinants in the audit decision-making process.Practical implicationsWisdom is a valuable tacit ability for all external auditors. The development of wise decision-making abilities of auditors should be considered an integral part of multiple virtues including knowledge and judgmental and ethical aspects.Originality/valueThe contributions of this study are original and significant because it proposes a new approach to explain for the audit decision-making process and enhances better understandings of the concept of wisdom in auditing practices and its roles in audit decision-making.

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