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Theoretical Issues in Cognitive Workload and Fatigue

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Cognitive Workload and Fatigue in Financial Decision Making

Part of the book series: Evolutionary Economics and Social Complexity Science ((EESCS,volume 13))

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Abstract

This chapter presents the elementary concepts of stress and then focuses to the more specific issues of cognitive workload and fatigue and their role in the nonlinear dynamical systems theory that is the central concern for this book. The roles of working memory and individual differences in cognitive processes are outlined. The chapter culminates in a pair of cusp catastrophe models for cognitive workload and fatigue. The models feature prominent constructs of elasticity versus rigidity in the context of workload and compensatory abilities in the context of fatigue. Previous research on the pair of models is summarized, and the models are adapted with new provisions for basic optimizing and risk taking decisions that are part of many economically relevant decisions.

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Guastello, S.J. (2016). Theoretical Issues in Cognitive Workload and Fatigue. In: Guastello, S. (eds) Cognitive Workload and Fatigue in Financial Decision Making. Evolutionary Economics and Social Complexity Science, vol 13. Springer, Tokyo. https://doi.org/10.1007/978-4-431-55312-0_2

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