Influence of Participants’ Hyperbolic Discounting on Collective Decision-making: Development of Double Garbage Can Model and simulation

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Other Title
  • 参加者の双曲志向が組織的意思決定に及ぼす影響：Double Garbage Can Modelの開発とシミュレーション

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<p>The purpose of this research is to clarify the decision-making processes and influential factors of organizations. Human beings make decisions to avoid bounded rationality, however, decision failures are repeated even in organizations. Recently, research of behavioral economics reveals individual anomalies gradually. Hyperbolic discounting means a subjective time discounting rate that tends to decrease from the near future to the distant future. And explain the irrational human behavior of preferring short-term utility at the expense of long-term utility. In this paper, we propose a Double Garbage Can Model, which is an extension of the Garbage Can Model, which is a collective decision-making model under ambiguity, and simulate the influence of individuals with hyperbolic discounting on collective decision-making. As a result, hyperbolic discounting suggests a negative impact that can lead to collective decision-making that prioritizes short-term profits, while also suggesting a positive impact such as avoiding situations where nothing can be decided.</p>

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Details 詳細情報について

  • CRID
    1390301763614504960
  • DOI
    10.20801/jsrpim.39.2_200
  • ISSN
    24327123
    09147020
  • Text Lang
    ja
  • Data Source
    • JaLC
  • Abstract License Flag
    Disallowed

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