Complete or incomplete information infrastructure, implications for attention-focus in decision-making

Xin Ran Wang*, Ji LI, Kevin C.K. Lam, Xiao Fei Wang

*Corresponding author for this work

Research output: Chapter in book/report/conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

To help overcome the difficulty of information overload, we conducted simulations to show the importance of information infrastructure in decision-making. Using simulations based on a NK-model, we show that it makes a difference in results whether decision-makers has a complete information infrastructure. Comparing results from two simulations with or without a complete information infrastructure, we find that the attention structure with a complete information infrastructure is significantly better. We then discuss the issue of developing a complete information infrastructure with some real-world examples.

Original languageEnglish
Title of host publicationProceedings - 2010 IEEE 17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010
Pages56-60
Number of pages5
DOIs
Publication statusPublished - 2010
Event17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010 - Xiamen, China
Duration: 29 Oct 201031 Oct 2010

Publication series

NameProceedings - 2010 IEEE 17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010

Conference

Conference17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010
Country/TerritoryChina
CityXiamen
Period29/10/1031/10/10

Scopus Subject Areas

  • Industrial and Manufacturing Engineering

User-Defined Keywords

  • Attention-focus
  • Concrete structure
  • Decision-making
  • Information infrastructure

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