THE EFFECT OF INFORMATION QUANTITY AND TIME SPENT IN MILITARY DECISION MAKING ON THE DEGREE OF RISK TAKING: AN ANALYSIS VIA AN EXPERIMENTAL SIMULATION TECHNIQUE.

Abstract

The effect of the quantity of information which decision makers receive per unit time and the effect of the length of time spent in decision-making groups on the degree of risk taking in decision making were examined. A simulated decision-making task of some complexity was used for data collection to permit comparison with results obtained in simpler laboratory settings. It was found that risk taking increases with time spent in decision making and reaches highest levels under optimal information conditions. Parallels to studies in simpler environments were examined. (Author)

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1968
Accession Number
AD0678372

Entities

People

  • Siegfried Streufert
  • Susan C. Streufert

Organizations

  • Purdue University

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Biological Phenomena
  • Buildings And Structures
  • Ecological And Environmental Phenomena
  • Environment
  • Simulations

Readers

  • Regression Analysis.
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.