• Title/Summary/Keyword: Decision Performance

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Investigating the Impact of Contextual Data Quality on Decision Performance (상황 데이터 품질이 의사결정 성과에 미치는 영향)

  • Jung, Won-Jin;Kim, Jong-Weon
    • Asia pacific journal of information systems
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    • v.15 no.3
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    • pp.41-64
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    • 2005
  • The effects of information quality and the importance of information have been reported in the information Systems(IS) literature. However, little has been learned about the impact of data quality(DQ) on decision performance. Recognizing with this problem, this study explores the effects of contextual DQ on decision performance. To examine them, a laboratory experiment was conducted. Based on two levels of contextual DQ and two levels of task complexity, this study had a $2{\times}2$ factorial design. The dependent variables used to measure the outcomes of decision performance were problem-solving accuracy and time. The results demonstrated that the effects of contextual DQ on decision performance were significant. The findings suggest that decision makers can expect to improve their decision performance by enhancing contextual DQ. This research not only extends a body of research examining the effects of factors that can be tied to human decision-making performance, but also provides empirical evidence to validate and extend DeLone and McLean's IS success model.

Empirical Analysis of Decision Maker's Schema and Cognitive Fit on Decision Performance

  • Chung, Nam-Ho;Lee, Kun-Chang
    • Asia pacific journal of information systems
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    • v.21 no.2
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    • pp.19-42
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    • 2011
  • This paper proposes a new framework to predict decision performance by investigating the cognitive fit of decision makers. We assume that every decision maker has two kinds of schema: emotional and rational. Cognitive fit is believed to have a close relationship with the two schemata and decision performance. In the literature on decision performance there is few studies investigating the relationship between the two schemata and cognitive fit. Therefore, our research purposes are twofold: (1) to provide a theoretical basis for the proposed framework describing the causal relationships among the two schemata, cognitive fit. and decision performance, and (2) to empirically prove its validity in the application to an Internet shopping environment. Based on the questionnaires from 104 respondents, we used a second order, confirmatory factor analysis (CFA) model to extract valid constructs, and a structural equation model (SEM) to calculate path coefficients and prove the statistical validity of our proposed research model. The experimental results supported our research model.

Use of Mobile Devices in the Performance of Group Decision-Making under Contextual Pressure

  • Kwon, Oh-Byung;Kim, Tae-Kyung;Kim, Choong-Rhyun
    • Journal of Information Processing Systems
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    • v.3 no.2
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    • pp.64-72
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    • 2007
  • Mobile technology appears promising as a method to promote group performance in circumstances dependent on time, but not member proximity. However, the success of mobile technology in group decision-making situations has not yet been proven. This paper aims to see how mobile technology affects the performance of group decision-making tasks that should be resolved urgently and/or sources of idea are disconnected with on-line network. Laboratory experiment was used to investigate the effects of mobile factors on group decision-making. The results from the experiment supported the proposition that pressures of time and location play a significant role in the assessment of group decision performance measures. We found that the adoption of mobile technology to group decision-making procedures might be competitive when group decision-making tasks are urgent and sources of idea are disconnected with on-line network, even though mobile technology is not a panacea on which to depend when designing group decision-making.

A Schema Approach to Cognitive Resonance and Its Decision-making Performance

  • Lee Kun Chang;Chung Namho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.931-939
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    • 2003
  • This paper is aimed at proposing a new framework to predict decision performance, by Investigating decision maker's cognitive resonance. We assume that every decision maker has two kinds of schema­emotional schema and rational schema. Cognitive resonance is believed to have a close relationship with the two schemata and decision performance. In literature on decision performance there is no study' seeking relationship among the two schemata ana cognitive resonance. Therefore, our research purposes are twofold: (1) to provide a theoretical basis for the proposed framework describing the causal relationships among two schemata, cognitive resonance, and decision Performance, and (2) to empirically prove its validity applying to. Internet shopping Situation. Based on the questionnaires from 13S- respondents, we used a second order confirmatory factor analysis (CFA) to extract valid constructs, and structural equation model (SEM) to calculate path coefficients and prove the statistical validity of our proposed research model. Experimental results supported our research model with some further research issues.

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Optimal Hard Decision for Cooperative Spectrum Sensing in Cognitive Radio Systems (무선 인지 시스템에서 협력 스펙트럼 센싱을 위한 최적화된 경판정 방식)

  • Lee, So-Young;Kim, Jin-Young
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.22 no.4
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    • pp.416-422
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    • 2011
  • In this paper, we use hard decision method for cooperative spectrum sensing. Sensing performance adopting hard decision is lower than soft decision but system load is low and the process is relatively simple when the combining scheme is hard decision compared to soft decision. In order to improve sensing performance, we propose optimal hard decision method applying weight that is based on a probability of individual sensing. Unlike conventional hard decision, we try to improve sensing performance applying weight and show the performance of the proposed method from the simulation results and performance analysis. The signal of licensed user is OFDM signal and the wireless channel between a licensed user and CR systems is modeled as Gaussian channel.

An Empirical Study on Joint Decision Making and Business Performance between Corporations (기업 간 의사결정 협력과 업무 성과에 관한 연구)

  • Ryoo, Sung-Yul;Suh, Woo-Jong;Koo, Chul-Mo
    • The Journal of Information Systems
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    • v.18 no.3
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    • pp.89-110
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    • 2009
  • In today's e-business environment, it is important to make decisions cooperatively between companies on a supply chain for their business success. This research analyzes empirically the influences of organizational factors on joint decision making and the ones of the joint decision making on business performance. We collected 188 corporate-level data through a Web survey and tested them statistically through PLS method based on a structured equation modeling. The results showed that (i) partner's knowledge creation capabilities, inter-organizational process modularity, and inter-organizational trust had direct effects on joint decision making, (ii) joint decision making and electronic business interfaces bad direct impacts on business performance. Contrary to our expectation, however, the moderating effects of electronic business interfaces between corporations on the relationship between joint decision making and business performance was not significant. On the basis of these results, we discussed theoretical and managerial implications of the findings. The results are expected to provide useful perspectives when companies establish strategies to improve capabilities of cooperative decision making and business performance.

A study on relations between strategic decision-making and its performance (전략적 의사결정의 성과에 관한 연구)

  • 이성호
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.43
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    • pp.109-118
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    • 1997
  • This paper examined whether strategic decision-making are related to its performance, using a empirical study. Variables of strategic decision-making process were procedural rationality, political behavior, and application of information technology, moderating variable was environmental unstability. The findings suggested that relations between strategic decision-making process and its performance was strongly correlated, but environmental unstability was not moderating for its performance.

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Behavioral Factors on Individual Investors' Decision Making and Investment Performance: A Survey from the Vietnam Stock Market

  • CAO, Minh Man;NGUYEN, Nhu-Ty;TRAN, Thanh-Tuyen
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.845-853
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    • 2021
  • The stock market shows the current health of an economy, and investment performance represents it. This study aims to clarify the relationship between financial behavior and investment decisions as well as its impact on investment results. Determine the influence of behavioral factors on individual investors' investment decisions and investment performance on the Vietnam stock market. The study surveyed 250 investors. The main analytical methods used are Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA), and Structural Equation Modeling (SEM). Research results show that Heuristic, Prospect, Market, and Herding directly and positively affect investment decision-making. Besides, the above factors have a direct and positive effect on investment performance. In particular, the Prospect factor has the strongest influence on investment decision-making and investment performance. The major findings of this study suggested that the important role of Heuristic, Prospect, Market, and Herding on Investment Decision-making and Investment Performance. Prospect had the strongest impact on Investment decision-making (β = 0.275). Heuristic had the second strongest impact (β = 0.257), then Herding (β = 0.202), and finally Market (β = 0.189) had the weakest effect. Regarding Investment Performance, the Prospect factor has a higher degree of impact than Heuristic Herding and Market.

Selecting optimized mix proportion of bagasse ash blended high performance concrete using analytical hierarchy process (AHP)

  • Praveenkumar, S.;Sankarasubramanian, G.;Sindhu, S.
    • Computers and Concrete
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    • v.23 no.6
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    • pp.459-470
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    • 2019
  • Apart from strength properties, durability, toughness and workability are also important criteria in defining the performance of a concrete structure. Hence "High Performance Concrete (HPC)" is introduced. It is different from high strength concrete and can have various applications. In this paper, the properties (Mechanical and Durability) of High Performance Concrete blended with bagasse ash at 5%, 10%, 15% and 20% are studied. However, it is difficult to analyze the performance based on different properties obtained from different experiments. Hence it is necessary to combine all the criteria/properties into a single value to obtain a result by a technique called Analytical Hierarchy Process (AHP).It is an effective tool for dealing with complex decision making, and may aid the decision maker to set priorities and make the best decision. In addition, the AHP incorporates a useful technique for checking the consistency of the decision maker?s evaluations, thus reducing the bias in the decision making process.

A Study on the Evaluation of an Expert System에s Performance : Lens Model Analysis (전문가시스템의 성능평가에 관한 연구 : 렌즈모델분석)

  • 김충영
    • Journal of Information Technology Applications and Management
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    • v.11 no.1
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    • pp.117-135
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    • 2004
  • Since human decision making behavior is likely to follow nonlinear strategy, it is conjectured that the human decision making behavior can be modeled better by nonlinear models than by linear models. All that linear models can do is to approximate rather than model the decision behavior. This study attempts to test this conjecture by analyzing human decision making behavior and combining the results of the analysis with predictive performance of both linear models and nonlinear models. In this way, this study can examine the relationship between the predictive performance of models and the existence of valid nonlinear strategy in decision making behavior. This study finds that the existence of nonlinear strategy in decision making behavior is highly correlated with the validity of the decision (or the human experts). The second finding concerns the significant correlations between the model performance and the existence of valid nonlinear strategy which is detected by Lens Model. The third finding is that as stronger the valid nonlinear strategy becomes, the better nonlinear models predict significantly than linear models. The results of this study bring an important concept, validity of nonlinear strategy, to modeling human experts. The inclusion of the concept indicates that the prior analysis of human judgement may lead to the selection of proper modeling algorithm. In addition, lens Model Analysis is proved to be useful in examining the valid nonlinearity in human decision behavior.

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