Risk taking by decision makers—using card-based decision gaming to develop models of behaviour

J Medhurst (), I Stanton and A Berry
Additional contact information
J Medhurst: Larrainzar Consulting Solutions Ltd
I Stanton: Defence Science and Technology Laboratories
A Berry: Defence Science and Technology Laboratories

Journal of the Operational Research Society, 2010, vol. 61, issue 11, 1561-1571

Abstract: Abstract This paper describes an experimental method for determining the value of different types of information to military decision makers. The experimental method used a simple scenario and a set of serials constructed from cards, each presenting a single piece of information and presented sequentially. Each of a number of pairs of players were taken through the scenario and asked to judge how they would respond to the situation. This paper extends on the method presented in previous papers to consider the case of a decision in which the response can both increase and decrease as more information is presented. This allows a more general military problem to be considered, that of risk-taking behaviour in response to the possibility of chemical, biological, radiological or nuclear events.

Keywords: decision analysis; military; gaming; regression (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/jors.2009.130 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:61:y:2010:i:11:d:10.1057_jors.2009.130

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/41274

DOI: 10.1057/jors.2009.130

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald and Jonathan Crook

More articles in Journal of the Operational Research Society from Palgrave Macmillan, The OR Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().