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 proceedingpeer-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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