News
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Richard Price Award for MCI Professor Johannes Siebert
MCI Professor Johannes Siebert has received the Richard Price Award from the International Academy of Information Technology and Quantitative Management (IAITQM) and has also…
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Deciding for a Secure Tomorrow: Proactive Decision-Making and Retirement Financial Planning Behavior
Retirement financial planning behavior (RFPB) encompasses the concrete actions individuals take to prepare financially for retirement. We examine RFPB from an Operational Research (OR)…
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Fifty years of decision analysis in operational research: A review
We review the development of research in Decision Analysis (DA) over the past fifty years. After presenting the axiomatic foundations and discussing the DA…
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ChatGPT vs. Experts: Can GenAI Develop High-Quality Organizational and Policy Objectives?
This paper explores the efficacy of generative artificial intelligence (GenAI) for value-focused thinking, specifically its ability to generate high-quality sets of objectives for organizational…
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Linear Transformation of One-Dimensional Utility Functions: Empirical Study on the Impact on the Final Ranking of Alternatives in Personal Decisions
Determining one-dimensional utility functions for each objective in multiattribute utility theory (MAUT) requires substantial time and cognitive effort from decision makers. They must account…
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Enhancing misinformation correction: New variants and a combination of awareness training and counter-speech to mitigate belief perseverance bias
Belief perseverance bias refers to an individual’s tendency to persist in holding biased opinions even after the misinformation that initially shaped those opinions has…
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Reducing the impact of misinformation and fake news
New methods to effectively reduce the negative impact of misinformation and fake news on people’s opinions An investigation into Team Jorge’s activites has shown…
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Supporting Innovation in Early-Stage Pharmaceutical Development Decisions
Pharmaceutical companies regularly review their portfolios to monitor development progress and set priorities in product development. The earliest assets are drug candidates whose efficacy…
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Effects of Decision Training On Individuals’ Decision-Making Proactivity
Decision sciences are in general agreement on the theoretical relevance of decision training. From an empirical standpoint, however, only a few studies test its…