Significance of Risk in Navy Tactical Decision Making: An Empirical Investigation.
Abstract
Research was conducted to determine the extent to which factors of risk are important in the use of operational decision aids. An empirical comparison was made between the performance of individuals using a decision aiding display developed by Decisions and Designs, Inc. (DDI), and the performance of these same individuals using a display developed by the Navy Personnel Research and Development Center (NPRDC). The DDI display was primarily designed to convey information about subjective expected utility (SEU) and does not explicitly present information about the 'risk' associated with each of the alternative acts the decision maker might select. The display contrived by NPRDC was designed to present information about risk as well as SEU. Subjects who benefited from the aids were those who became more aversive to risk when the necessity of a correct decision was increased.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1976
- Accession Number
- ADA033583
Entities
People
- Charles F. Gettys
- Melvyn C. Moy
- Michael W. O'bar
Organizations
- Bureau of Naval Personnel