scholarly journals Agent-based Modeling of Consumer Purchase Decision-making Process considering Quality of Web

2017 ◽  
Author(s):  
Nan Zhang
Keyword(s):  
Decision Making ◽  
Agent Based Modeling ◽  
Purchase Decision ◽  
Decision Making Process ◽  
Agent Based

Simulation modeling of the smart city system: The concept, methods, and cases

2020 ◽  
Vol 19 (2) ◽  
pp. 226-250 ◽  
Author(s):  
V.L. Makarov ◽  
R.A. Bakhtizin ◽  
G.L. Beklaryan ◽  
A.S. Akopov
Keyword(s):  
Decision Making ◽  
Urban Planning ◽  
System Dynamics ◽  
Smart City ◽  
Simulation Modeling ◽  
Simulation Models ◽  
Agent Based Modeling ◽  
Decision Making Process ◽  
Agent Based ◽  
City System

Subject. The research investigates key processes of urban life and its maintenance, including food supply, infrastructure, fire security, quality and accessibility of medical services, etc. The article also discusses the creation of a system supporting the Smart City decision-making process. Objectives. The research develops methods and tools to manage the Smart City system through system dynamics and agent-based modeling. Methods. Using simulation modeling, namely system dynamics and agent-based modeling (supported via Powersim and AnyLogic), we evaluate how multiple guiding parameters influence crucial characteristics of the Smart City system. Results. We devised an approach to designing the Smart City system through methods of system dynamics and agent-based modeling (supported via Powersim and AnyLogic) intended to streamline the decision making process for reasonable urban planning. Conclusions and Relevance. We propose the consolidated architecture of the Smart City decision-making system integrating the simulation models, data storage and city monitoring subsystem. The article describes the cases of simulation models implemented via Powersim and AnyLogic to support rational urban planning. The simulation models will significantly improve the quality of urban environment, satisfy the demand for food products, provide access to healthcare services and ensure effective rescue actions in case of emergency.

scholarly journals INSURANCE SERVICE PURCHASE DECISION-MAKING RATIONALE: EXPERT-BASED EVIDENCE FROM LITHUANIA

Ekonomika ◽  
2013 ◽  
Vol 92 (2) ◽  
pp. 137-155 ◽  
Author(s):  
Aurelija Ulbinaitė ◽  
Marija Kučinskienė
Keyword(s):  
Decision Making ◽  
Life Insurance ◽  
Consumer Behaviour ◽  
Purchase Decision ◽  
Insurance Markets ◽  
Decision Making Process ◽  
Time Dimension ◽  
Strong Focus ◽  
Two Stages

Abstract. This paper deals with the examination of the rationale for insurance service purchase decision making with a focus on Lithuania and its possible implications for both Lithuania and other developing insurance markets. This work proposes a model that reflects the several stages of the insurance service purchase decision making process, including the time dimension. This model is constructed on the basis of three hypotheses; these hypotheses are tested based on data collected by means of an insurance expert survey. The results confirm the existence of two stages of insurance service purchase decision making, where one’s intellect and income determine the inclination towards insurance and where the price and quality of an insurance service determine its purchase decision. The research reveals a relatively equivalent impact of both consumers’ intellect and income on their inclination towards insurance in general; however, it strongly indicates the consumers’ strong focus on the price of the service as opposed to its quality when deciding to purchase an insurance service. The research also discloses the higher complexity of the decision making process when purchasing life insurance services as compared to non-life insurance services.Key words: insurance consumer behaviour rationale, insurance service purchase inclination and decision stages, intellect vs. income, price vs. quality, complicated vs. trivial process

Agent-based modeling of consumer decision making process based on power distance and personality

2011 ◽  
Vol 24 (7) ◽  
pp. 1075-1095 ◽  
Author(s):  
Omid Roozmand ◽  
Nasser Ghasem-Aghaee ◽  
Gert Jan Hofstede ◽  
Mohammad Ali Nematbakhsh ◽  
Ahmad Baraani ◽  
...  
Keyword(s):  
Decision Making ◽  
Power Distance ◽  
Agent Based Modeling ◽  
Decision Making Process ◽  
Consumer Decision Making ◽  
Consumer Decision ◽  
Agent Based

scholarly journals Questioning Facilities Management in Higher Education in Egyptian Context for Better Decision-Making Process of Funding Allocation

2017 ◽  
Vol 12 (7) ◽  
pp. 129
Author(s):  
Mona Mohamed Abd Elghany ◽  
Reem Aly Elharakany
Keyword(s):  
Higher Education ◽  
Decision Making ◽  
Public Universities ◽  
Quality Of Education ◽  
Decision Making Process ◽  
Facilities Management ◽  
Structured Interviews ◽  
Decision Making Processes ◽  
Strategic Relationships

The quality of education is influenced by the managerialization of the universities, which refers to the introduction of substantial changes in the decision-making processes of the academic institutions, and the application of renewed information systems along with new managerial methodologies to restructure the organisational strategic relationships with stakeholders. This paper proposes a questionnaire to assess the importance of facilities in universities according to their financial budget consumed value. Semi Structured Interviews were conducted with the heads of logistic and financial departments in Egyptian universities, twenty public universities and twenty-three private universities, in order to identify criteria for the most significant university's facilities and appealing infrastructure that contributes to the quality of education.

scholarly journals The Quality of the Decision-Making Process in Road Transport

2019 ◽  
Vol 1 (1) ◽  
pp. 85-92
Author(s):  
Robert Sałek
Keyword(s):  
Decision Making ◽  
Transport Process ◽  
Road Transport ◽  
Quality Of Services ◽  
Decision Making Process ◽  
Factors Affecting ◽  
Management Level ◽  
Transport Services ◽  
Preparatory Stage

Abstract The issue of quality is a very important aspect of the operation of transport companies. In relation to the area of their activity it primarily focuses on the quality of services provided, which can be verified e.g. on the basis of timeliness of deliveries or accepted complaints. This allows for examining the quality after providing the service in order to take future pro-quality actions. However, is it possible to affect the quality of services provided before their provision? The transport process itself is preceded with a range of actions taken within the framework of detailed planning and organization, which can significantly influence the quality of services. The decisions made at the management level are conditioned by many factors determining the course of future events, however, this is not always enough to make the process run uninterruptedly. Therefore, it is important to structure basic actions at the initial stage so as to allow the smooth conduct of the decision-making process for the specific task in order to subsequently focus on the detailed analysis of the actions planned. In the paper, the author attempts to characterize the fundamental factors affecting the decisions taken during the planning and organization of the transport process. The objective of the conducted research is to verify initial decisions and their significance for the improvement in the quality of transport services provided. There was conducted the algorithmization of actions and interpretation of their importance for the quality of decisions taken at the preparatory stage and during transport.

scholarly journals Sistem Pendukung Keputusan Penyeleksian Colour Guard Pada Marching Band Ginada Dengan Menggunakan Metode Vikor Dan Borda

2020 ◽  
Vol 2 (1) ◽  
pp. 35-48
Author(s):  
Nurjannah ◽  
Dito Putro Utomo
Keyword(s):  
High School ◽  
Decision Making ◽  
Decision Support ◽  
Decision Support System ◽  
Support System ◽  
Body Language ◽  
Routine Activity ◽  
Decision Making Process ◽  
Marching Band

Decision support system for selecting color guard with VIKOR and Borda methods. It has been made as a tool to select color guard at the Sei Rampah High School. The criteria used in the decision support system for color guard selection are: height, weight, agility, stamina, and body language. Color guard selection activities are a routine activity every year, so GINADA marching band coach Sei Rampah hereby selects to select permanent members in the marching band. Decision Support System in an organization can be seen as important in supporting the smooth running of activities and achieving an organizational goal. SPK can come in various forms, ranging from simple forms of data processing to complex application forms, and can also be used to accelerate and improve the quality of the decision-making process in the organization.

scholarly journals Investment analysis of plum brandy production – methodology approach

2008 ◽  
Vol 2 (1-2) ◽  
pp. 103-105
Author(s):  
Lari Hadelan
Keyword(s):  
Decision Making ◽  
Planning Process ◽  
Investment Decision ◽  
Investment Analysis ◽  
Decision Making Process ◽  
Investment Appraisal ◽  
Financial Decision ◽  
Plum Brandy

The major prerequisite of successful entrepreneurship venture is quality of decision-making process. Decision in investment is the most important financial decision. It is a part of both long-term business planning process and strategic business definition. Using available investment appraisal methods, entrepreneur should make positive or negative investment decision. Within the development of the economic theory and the practice many of methods made decision-making process rational and gave the scientific and practical base for successful project evaluation.

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