Decision making of negotiation agents using markov chains

2008 ◽  
Vol 4 (1) ◽  
pp. 5-23 ◽  
Author(s):  
Bo An ◽  
Kwang Mong Sim ◽  
Chun Yan Miao ◽  
Zhi Qi Shen
Author(s):  
Bo An ◽  
Kwang Mong Sim ◽  
Liang Gui Tang ◽  
Chun Yan Miao ◽  
Zhi Qi Shen ◽  
...  

2021 ◽  
Vol 8 (2) ◽  
pp. 141-151
Author(s):  
Martin Čech ◽  
Radim Lenort

The concept of supply chain resilience has arisen in response to changing conditions in the global market environment. Although supply chain resilience building is gaining increasing interest among the professional public and business practice, supporting decision-making in supply chain resilience building is still in its infancy. This article aims to present a mathematical model of the supply chain based on Markov chains to assess the impact of funds allocated to strengthening the supply chain’s resilience to its overall performance and thus support decision-making in the field. Mathematical model assumptions are presented, then a mathematical model of a linear supply chain is developed and generalized, tested and methodological recommendations are presented. To support the use of the model, a set of managerial implications is presented, benefits and limitations are discussed, and further research direction is defined.


2020 ◽  
Vol 72 (1) ◽  
pp. 241-252 ◽  
Author(s):  
Dany Alexis Sobarzo Soto ◽  
Esteban Aedo-Muñoz ◽  
Ciro José Brito ◽  
Suzi Camey ◽  
Bianca Miarka

AbstractThe aim of the study was to compare motor action variables of judo combat phases and technical biomechanical assessment of the seven weight categories. The sample was composed of 638 bouts (176 of extra lightweight <66 kg, 289 of half lightweight 66 > 73 kg, 180 of lightweight 73 > 81 kg, 244 of half middleweight 81 > 90 kg, 174 of middleweight 81 > 90 kg, 151 of half heavyweight 90 > 100 kg and 142 of heavyweight >100 kg) during motor actions of approach, gripping, attack, defense and groundwork combat phases, verifying the interactions between them by Markov chains and comparisons by Kruskall-Wallis and Dunn post hoc tests (p ≤ .05). The results demonstrated that lighter weight categories showed higher approach phases than the heavyweight category, and the lightweight group demonstrated higher defensive action frequencies than the half lightweight category and heavyweight athletes. Heavyweight and middleweight categories demonstrated higher groundwork combat frequencies than lighter weights, and the heavyweight category showed higher pause frequencies than the lightweight category. Regarding the decision-making model, the main transitions presented by the Markov chains showed higher prevalence of the following combinations: gripping occurring before the lever and length attacks, lever attack followed by the length attack, and length attack occurring earlier than the groundwork phase.


2018 ◽  
Vol 41 ◽  
Author(s):  
Patrick Simen ◽  
Fuat Balcı

AbstractRahnev & Denison (R&D) argue against normative theories and in favor of a more descriptive “standard observer model” of perceptual decision making. We agree with the authors in many respects, but we argue that optimality (specifically, reward-rate maximization) has proved demonstrably useful as a hypothesis, contrary to the authors’ claims.


2018 ◽  
Vol 41 ◽  
Author(s):  
David Danks

AbstractThe target article uses a mathematical framework derived from Bayesian decision making to demonstrate suboptimal decision making but then attributes psychological reality to the framework components. Rahnev & Denison's (R&D) positive proposal thus risks ignoring plausible psychological theories that could implement complex perceptual decision making. We must be careful not to slide from success with an analytical tool to the reality of the tool components.


2018 ◽  
Vol 41 ◽  
Author(s):  
Kevin Arceneaux

AbstractIntuitions guide decision-making, and looking to the evolutionary history of humans illuminates why some behavioral responses are more intuitive than others. Yet a place remains for cognitive processes to second-guess intuitive responses – that is, to be reflective – and individual differences abound in automatic, intuitive processing as well.


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