DSS effects in the context of behavioral economics (BE) – proposal of evaluation method for strategic management DSS

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F23%3A96818" target="_blank" >RIV/60460709:41110/23:96818 - isvavai.cz</a>

Výsledek na webu

<a href="https://dokumenty.vsb.cz/docs/files/cs/e1c37442-9c5c-460d-b296-cefb7ecce285?prevPage=true" target="_blank" >https://dokumenty.vsb.cz/docs/files/cs/e1c37442-9c5c-460d-b296-cefb7ecce285?prevPage=true</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

DSS effects in the context of behavioral economics (BE) – proposal of evaluation method for strategic management DSS

Popis výsledku v původním jazyce

Enabled by the development of information technologies, decision support systems (DSS) usage should increase, reflecting the increasing volume of information. However, many studies show the less-than-optimal use of DSS advice, and the quantification of DSS usage does not address strategic management specifics. This study outlines an experiment to examine the DSS usage level and effect in the context of behavioral economics (BE) cognitive bias, particularly the significance of past experience and level of certainty. In two rounds of the decision experiment, the same decision was made while DSS was provided for the second decision round. Major findings include that experience and certainty level is significant factors of DSS usage, decision adjustment frequency, and size and decision result, with a capacity for cognitive bias effect. Selected decision experiment can be adopted in any organization as a management decision-making style research method when considering DSS implementations. © Proceedings of the 15th International Conference on Strategic Management and its Support by Information Systems, SMSIS 2023.

Název v anglickém jazyce

DSS effects in the context of behavioral economics (BE) – proposal of evaluation method for strategic management DSS

Popis výsledku anglicky

Enabled by the development of information technologies, decision support systems (DSS) usage should increase, reflecting the increasing volume of information. However, many studies show the less-than-optimal use of DSS advice, and the quantification of DSS usage does not address strategic management specifics. This study outlines an experiment to examine the DSS usage level and effect in the context of behavioral economics (BE) cognitive bias, particularly the significance of past experience and level of certainty. In two rounds of the decision experiment, the same decision was made while DSS was provided for the second decision round. Major findings include that experience and certainty level is significant factors of DSS usage, decision adjustment frequency, and size and decision result, with a capacity for cognitive bias effect. Selected decision experiment can be adopted in any organization as a management decision-making style research method when considering DSS implementations. © Proceedings of the 15th International Conference on Strategic Management and its Support by Information Systems, SMSIS 2023.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

10102 - Applied mathematics

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 15th International Conference on Strategic Management and its Support by Information Systems, SMSIS 2023

ISBN

978-802484687-3

ISSN

2570-5776

e-ISSN

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Počet stran výsledku

10

Strana od-do

15-24

Název nakladatele

VŠB - Technical University of Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

1. 1. 2024

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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