Empirical Validation of Model for Human Decision Making

In the current postmodern socio-technical world when machines are everywhere a harmonious relationship between man and machine is essential. The harmony of this relation and survival of this socio-technical world can only be guaranteed if machines can understand the human state of mind and can act accordingly. For this, several computational models of human cognition have been presented in the literature while very few efforts have been made to validate them. In the current paper a model of trust based human decision making in dynamic environment is taken from the literature and validated against the human decision traces generated through computer based experiments. The results of this experiment shows that model under study can be trusted as to be a computational representative of human decision making process with a satisfactory level.