scholarly journals Prospect risk, pot odds, and efficient drill or no-drill decision making: What the exploration business can learn from high-stakes poker

AAPG Bulletin ◽  
2016 ◽  
Vol 100 (04) ◽  
pp. 525-535
Author(s):  
Frank J. Peel
Keyword(s):  
Decision Making ◽  
High Stakes

scholarly journals A Framework of High-Stakes Algorithmic Decision-Making for the Public Sector Developed through a Case Study of Child-Welfare

2021 ◽  
Vol 5 (CSCW2) ◽  
pp. 1-41
Author(s):  
Devansh Saxena ◽  
Karla Badillo-Urquiola ◽  
Pamela J. Wisniewski ◽  
Shion Guha
Keyword(s):  
Decision Making ◽  
Child Welfare ◽  
Public Sector ◽  
High Stakes ◽  
The Public

High Velocity Human Factors: Human Factors of Mission Critical Domains in Nonequilibrium

2007 ◽  
Vol 51 (4) ◽  
pp. 273-277 ◽  
Author(s):  
Moin Rahman
Keyword(s):  
Decision Making ◽  
Human Factors ◽  
High Velocity ◽  
Fire Fighting ◽  
Low Grade ◽  
Emotional Modulation ◽  
High Stakes ◽  
Mission Critical ◽  
Military Combat

Mission critical domains (MCDs), such as fire fighting, military combat, etc., experience periods of nonequilibrium. This typically occurs when extended periods of low grade activity are punctuated by intense, high stakes actions unfolding at high velocities (e.g., fighting a fire, engaging in combat, etc.). These periods of nonequilibrium are typically characterized by volatility, uncertainty, complexity and ambiguity. Human agents operating under these conditions experience a variety of reactions, such as emotional modulation of cognition, recognition primed decision making, among others. To study this phenomenon a construct named High Velocity Human Factors (HVHF) is defined and described. On the practical side, the HVHF framework will be used to analyze demands placed on personnel operating in MCDs and inform the design of systems and solutions.

EXPRESS: Cruel optimism as organizing strategy in USA Gymnastics: The threat of high stakes organizations in precarious times

2021 ◽  
pp. 001872672110546
Author(s):  
Amy Way
Keyword(s):  
Decision Making ◽  
Sexual Abuse ◽  
Organizational Commitment ◽  
Young People ◽  
Medical Care ◽  
Youth Sports ◽  
Organizational Practices ◽  
High Stakes ◽  
Sports Organizations

In January of 2018, after decades of sexual abuse of hundreds of athletes under his medical care, Larry Nassar faced 156 of the women he victimized when they testified at his sentencing hearing and detailed the abuse. In the wake of the Nassar verdict, gymnastics and other youth sports organizations have come under fire for abusive practices that victimize young people. Scholars have recently argued for an approach to understanding sexual violence as an organizational, rather than individual phenomenon. The power organizations have to inflict violence on their members requires an understanding of the increased role of organizations in our decision-making and the shaping of our values and desires. Through an analysis of testimonies submitted by the women who were victimized by Nassar as children, I argue that violence was intentionally deployed as an organizational strategy by USA Gymnastics. Abusive organizational practices traumatized girls, leading them to recalibrate their expectations for what was normal and acceptable, ultimately facilitating their abuse. I propose ‘high stakes organizations’ as contexts particularly vulnerable to violent organizational practices. I argue that in these high stakes organizations, trauma is likely to be deployed as a strategy for organizational commitment, further fostering precarity in modern organizations.

scholarly journals What constitutes evidence of poor prison conditions after Aranyosi and Căldăraru? Examining the role of inspection and monitoring bodies in European Arrest Warrant decision-making

2019 ◽  
Vol 10 (3) ◽  
pp. 209-226
Author(s):  
Mary Rogan
Keyword(s):  
Decision Making ◽  
Fundamental Rights ◽  
Decision Making Process ◽  
Critical Question ◽  
High Stakes ◽  
Arrest Warrant ◽  
European Arrest Warrant

The case of Aranyosi and Căldăraru confirms that where prison conditions are so poor as to breach fundamental rights, the non-execution of an European Arrest Warrant is justified. Given the high stakes nature of such a decision, this article examines a critical question: What will be the possible sources of evidence which can and should be used in such an assessment? The article posits that prison inspection and monitoring bodies, which have the task of visiting prisons and reporting on them, with a view to the prevention of ill treatment, will take on an important role in this decision-making process. The article examines what this role might entail and the implications of the decision for prison inspection and monitoring bodies.

Seven reliability indices for high-stakes decision making: Description, selection, and simple calculation

2011 ◽  
Vol 48 (10) ◽  
pp. 1064-1075 ◽  
Author(s):  
Stacey L. Smith ◽  
Kimberly J. Vannest ◽  
John L. Davis
Keyword(s):  
Decision Making ◽  
Simple Calculation ◽  
High Stakes ◽  
Reliability Indices

Catch and release? NHL expansion draft endowment effects

2019 ◽  
Vol 9 (3) ◽  
pp. 301-312 ◽  
Author(s):  
Peter M. Tingling ◽  
Kamal Masri ◽  
Dani Chu
Keyword(s):  
Decision Making ◽  
Performance Appraisal ◽  
Natural Experiment ◽  
Learning Algorithm ◽  
Optimal Decision ◽  
High Stakes ◽  
Content Type ◽  
Catch And Release ◽  
Older Athletes ◽  
Optimal Decision Making

Purpose The purpose of this paper is to investigate National Hockey League (NHL) expansion draft decisions to measure divestment aversion and endowment effects, and analyze bias and its affect on presumed rational analytic decision making. Design/methodology/approach A natural experiment with three variables (age, minutes played and presence of a prior relationship with a team’s management), filtered athletes that were exposed or protected to selection. A machine learning algorithm trained on a group of 17 teams was applied to the remaining 13 teams. Findings Athletes with pre-existing management relationships were 1.7 times more likely to be protected. Athletes playing fewer relative position minutes were less likely to be protected, as were older athletes. Athlete selection was predominantly determined by time on ice. Research limitations/implications This represents a single set of independent decisions using publicly available data absent of context. The results may not be generalizable beyond the NHL or sport. Practical implications The research confirms the affect of prior relationships on decision making and provides further evidence of measurable sub-optimal decision making. Social implications Decision making has implications throughout human resources and impacts competitiveness and productivity. This adds to the need for managers to recognize and implement de-biasing in areas such as hiring, performance appraisal and downsizing. Originality/value This natural experiment involving high-stakes decision makers confirms bias in a setting that has been dominated by students, low stakes or artificial settings.

scholarly journals High Stakes

2017 ◽  
Author(s):  
Iain R. Brennan
Keyword(s):  
Decision Making ◽  
Research Evidence ◽  
Rational Analysis ◽  
High Stakes ◽  
High Reward ◽  
Complex Decision Making ◽  
Potential Benefits ◽  
Complex Decision ◽  
Victim Resistance ◽  
Benefits And Costs

This chapter describes the contradictory roles that weapons play in offender decision making as mechanisms that can both increase the physical harm to a victim of violence and also reduce the need for physical harm in victims of robbery. Because weapons serve simultaneously offensive and defensive purposes, the way in which offenders carry and use weapons is subject to a complex decision-making process. This process is presented and interpreted from a rational perspective, incorporating an offender’s calculation of potential benefits and costs as well as the uncertainty of a victim’s response. A rational analysis of weapon carrying and use is presented along with research evidence suggesting that culture and availability are important influences on weapon of choice and weapon-related behavior. The chapter concludes with a review of the effectiveness of weapons in reducing victim resistance and retaliation showing that weapon use is a high-reward/high-cost activity.

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