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Application of EEG Metrics in the Decision-Making Process

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Experimental and Quantitative Methods in Contemporary Economics (CMEE 2018)

Part of the book series: Springer Proceedings in Business and Economics ((SPBE))

Abstract

The decision-making process is a complex task uses the multi-criteria methods in the formalized decision support. Decisions are direct reflection of decision maker preferences. Multi-criteria methods use different methodological approaches (algorithms) to determine the final assessment of decision variants (e.g., ranking). Decision maker must do many actions (partial evaluations) in some of these methods. Issues of the decision maker’s engagement in the assessment process arise which can be identified using measurements by EEG. It is possible to identify various internal processes occurring with the decision maker during individual stages of the calculation procedure. Various types of EEG metrics are used for this, such as the index of frontal asymmetry, engagement, distraction, etc.

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Acknowledgements

The project financed within the Regional Excellence Initiative programme of the Minister of Science and Higher Education of Poland, years 2019-2022, project no. 001/RID/2018/19, financing 10 684 000,00 PLN.

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Authors and Affiliations

  1. Department of Computational Methods in Experimental Economics, Faculty of Economics and Management, Institute of IT in Management, University of Szczecin, Mickiewicza 64, 71-101, Szczecin, Poland

    Mateusz Piwowarski & Kesra Nermend

  2. Faculty of Administrative Sciences and Economics, Tishk International University, Erbil-Kurdistan, Iraq

    Uma Shankar Singh

Authors
  1. Mateusz Piwowarski
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  2. Uma Shankar Singh
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  3. Kesra Nermend
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Correspondence to Mateusz Piwowarski .

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Editors and Affiliations

  1. Faculty of Economics and Management, Institute of IT in Management, University of Szczecin, Szczecin, Poland

    Kesra Nermend

  2. Faculty of Economics and Management, Institute of IT in Management, University of Szczecin, Szczecin, Poland

    Małgorzata Łatuszyńska

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Piwowarski, M., Singh, U.S., Nermend, K. (2020). Application of EEG Metrics in the Decision-Making Process. In: Nermend, K., Łatuszyńska, M. (eds) Experimental and Quantitative Methods in Contemporary Economics. CMEE 2018. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-30251-1_14

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