Decision Support News
D. J. Power, Editor
September 14, 2014 Vol. 15, No. 19
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1) Can computerized decision support systems impact, eliminate, exploit, or reduce cognitive biases in decision making?
2) Recent DSS News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1)
Can computerized decision support systems impact, eliminate, exploit, or reduce cognitive biases in decision making?
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by Daniel J. Power
Editor, DSSResources.com
Individuals have predictable thinking patterns. Some patterns
are positive and others lead to poor choices. A person's
predictable thinking patterns are generally termed cognitive
biases. An individual may learn many of the patterns, but the
frequency and impact may differ among individuals. Thinking
patterns impact what a person likes and dislikes. A computerized
decision support system may reinforce some known biases or change
how a user thinks about a situation in a favorable way. People
have limitations as information processors and biases can and
often do reduce the amount of thinking and processing that a
person does to make a choice. A decision aid or decision support
system can also impact how much thinking and information gathering
a person must do in a situation.
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2) Recent DSS News Headlines
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09/12/2014 SAP and Panasonic launch joint initiative for video-based sports analytics solutions. Check release.
09/11/2014 Business analytics: key to business survival in the 21st century. Check release.
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3) Upcoming Decision Support Conferences/Call for Papers/Books
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1. Nov. 22-25, 2014, 45th Annual DSI meeting - Tampa, FL, Click here.
2. Dec. 28-29, 2014 “Big Data and Analytics For Business(BDAB-2014)”,
New Delhi, India. Check the website Click here.
3. May 27-29, 2015 ICDSST 2015 organized by the EWG-DSS/ The theme is “Big Data Analytics for Decision Making”, Belgrade, Serbia. Check the website Click here.
Order Dan Power's new book: Decision Support, Analytics, and Business Intelligence, Second Edition
Click here
Become a Business Expert Press author
Click here
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