Decisionmaking organizations with acyclical information structures

1 May 1983

journal article
Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Systems, Man, and Cybernetics

Vol. SMC-13 (3) , 384-391
https://doi.org/10.1109/TSMC.1983.6313169

Abstract

An analytical model of a team of well-trained human decisionmakers executing a well-defined decisionmaking task is presented. Each team member is described by a two-stage model consisting of a situation assessment (SA) and a response selection (RS) stage. An information theoretic framework is used, in which bounded rationality is modelled as a constraint on the total rate of internal processing by each decisionmaker. Optimising and satisfying strategies are derived and their properties analysed in terms of organisational performance and individual workload. The results are applied to the analysis of two three-person organisational designs.

Keywords

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