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The Four Streams of Decision Making Approaches: Brief Summary and Discussion

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Advanced Machine Learning Technologies and Applications (AMLTA 2021)

Abstract

Recent years have witnessed an increase in research on decision-making and factors that affect this process it. The purpose of this article is to discuss the four streams of decision-making approaches, which are Rational, Heuristics and Biases, Fast and Frugal Heuristics, and Naturalistic. Scholars rarely discuss these approaches. The paper spots lighter on evaluating each decision-making approach’s thoughts and claims and finally provides a map of when each method can be used and utilized. The discussion relied on reviewing the interrelated literature examining these approaches.

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Correspondence to M. T. Alshurideh .

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Ahmad, A., Alshurideh, M.T., Al Kurdi, B.H. (2021). The Four Streams of Decision Making Approaches: Brief Summary and Discussion. In: Hassanien, AE., Chang, KC., Mincong, T. (eds) Advanced Machine Learning Technologies and Applications. AMLTA 2021. Advances in Intelligent Systems and Computing, vol 1339. Springer, Cham. https://doi.org/10.1007/978-3-030-69717-4_54

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