Analysing the use of cognitive maps in an experiment on a group decision process

Cunha, Annielli Araujo Rangel; Morais, Danielle Costa

doi:10.1057/jors.2016.19

Cited by 12 publications

(2 citation statements)

References 27 publications

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“…Note that this simplified our causal maps (Markíczy and Goldberg 1995), by highlighting tie weight and node dimension from multiple use by different subjects (Cuhna and Morais 2016). Defining different clusters inside collective causal maps was instrumental to achieve a more systematic representation of the map itself (Marx and Dagan 2001).…”

Section: Resultsmentioning

confidence: 99%

A role-game laboratory experiment on the influence of country prospects reports on investment decisions in two artificial organizational settings

et al. 2021

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This paper investigates how reports concerning a given country’s prospects affect investment decisions in two stylized, artificial organizational settings. We designed a role-game laboratory experiment, where subjects were asked to make investment decisions for two types of fictitious companies from the same country. We found that when available reports included positive country prospects, subjects strategized more on investments regardless of the characteristics of their organization. When reports included negative prospects, however, certain organizational peculiarities influenced the subjects’ interpretations, with decision-makers opting for more prudent plans when managing a more traditional company. Cognitive maps of decision makers showed that subjects considered investment strategies as a means to fulfil a company’s role expectations regarding appropriate decisions. Notwithstanding all caveats due to the artificial and simplified nature of our experimental setting, our findings indicate the need for more research on the effect of reports and prospect analysis on strategic decisions of companies, especially when business prospects are uncertain.

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Section: Resultsmentioning

confidence: 99%

A role-game laboratory experiment on the influence of country prospects reports on investment decisions in two artificial organizational settings

et al. 2021

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“…In this sense, cognitive maps use nodes to represent events, and arcs that connect these events and represent the causal relationship between them. A cognitive map can be generated with all stakeholders together, or it can be constructed from the aggregation of individual cognitive maps (Cunha & Morais, 2016).…”

Section: Problems Structuring Methods (Psm)mentioning

confidence: 99%

A multi-criteria decision making approach to balance water supply-demand strategies in water supply systems

Cambrainha

Fontana

2018

Prod.

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Since climate change cannot be controlled, water resources must to be managed in order to adapt the relationship between water supply and water demand to these changes (Poustie et al., 2015). In this sense, water management related just on operational routines, i.e., actions for water catchment and distribution without worrying about water availability in future, has become unacceptable (Wang et al., 2014). Thus, there are two generic strategies to water scarcity: (1) develop new sources of supply, and (2) demand management (Araral & Wang, 2013; Omar, 2013). Demand management refers to solutions to reduce the quantity of water needed for a specific activity. This strategy seeks the efficient of water use by users (i.e. society or economic sectors), reducing and reusing water resources where possible (Brooks, 2006). In this sense, two mechanisms for regulating demand for water are most common: price and non-price mechanisms. The first occurs often through increasing block tariff; and the last includes public education, community mobilization, supply restrictions, and use of technical and engineering solutions (Araral & Wang, 2013). On the other hand, supply management aims, mainly, to increase the water availability. For this, some action should be taken to improve the water supply system, such as: modernization of equipment, expansion of the structure for both water catchment and water distribution, changes in operational and routine procedures (Wang et al., 2014).

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Problem Structuring Methods: A Review of Advances Over the Last Decade

Júnior

Schramm

2021

Syst Pract Action Res

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Analysing the use of cognitive maps in an experiment on a group decision process

Cited by 12 publications

References 27 publications

A role-game laboratory experiment on the influence of country prospects reports on investment decisions in two artificial organizational settings

A role-game laboratory experiment on the influence of country prospects reports on investment decisions in two artificial organizational settings

A multi-criteria decision making approach to balance water supply-demand strategies in water supply systems

Problem Structuring Methods: A Review of Advances Over the Last Decade

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