Title :
Surprises in modeling decision problems
Author :
Wendell, Richard E.
Author_Institution :
Joseph M. Katz Graduate Sch. of Bus., Pittsburgh Univ., PA, USA
Abstract :
Insights in modeling are often surprises that occur as part of the modeling process. These can happen in many ways and for many reasons. This paper discusses how some such surprises occurred in real applications based on personal experiences of the author. The goal of the paper is to help develop a better understanding for the types and the impacts of surprises that may occur in practice, which in turn hopefully can lead to more effective modeling.
Keywords :
bank data processing; decision theory; digital simulation; environmental science computing; public utilities; customer loan center; decision problems; marine environmental protection; modeling process; residential refuse collection; sold waste disposal; Art; Banking; Boats; Character recognition; Delay; Economic indicators; Information technology; Motorcycles; Portfolios; Vehicles;
Conference_Titel :
Information Technology Interfaces, 2002. ITI 2002. Proceedings of the 24th International Conference on
Print_ISBN :
953-96769-5-9
DOI :
10.1109/ITI.2002.1024647
