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Human Errors in Decision Making

Author

Listed:
  • Mohamad, Shahriari
  • Aliandrina, Dessy
  • Feng, Yan

Abstract

The aim of this paper was to identify human errors in decision making process. The study was focused on a research question such as: what could be the human error as a potential of decision failure in evaluation of the alternatives in the process of decision making. Two case studies were selected from the literature and analyzed to find the human errors contribute to decision fail. Then the analysis of human errors was linked with mental models in evaluation of alternative step. The results of the study showed that five human errors occur in the evaluation of alternatives step; ignorance or neglect, overconfidence, underestimate, moral and fail to see, which led to un-achievement of objectives

Suggested Citation

  • Mohamad, Shahriari & Aliandrina, Dessy & Feng, Yan, 2005. "Human Errors in Decision Making," MPRA Paper 8171, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:8171
    as

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    File URL: https://mpra.ub.uni-muenchen.de/8171/1/MPRA_paper_8171.pdf
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    References listed on IDEAS

    as
    1. Samuel Eilon, 1969. "What is a Decision?," Management Science, INFORMS, vol. 16(4), pages 172-189, December.
    2. Christopher F. Baum, 2004. "Topics in time series regression modeling," United Kingdom Stata Users' Group Meetings 2004 7, Stata Users Group, revised 26 Jul 2004.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Decision making process; human errors; mental models; decision fail;
    All these keywords.

    JEL classification:

    • D0 - Microeconomics - - General
    • Y8 - Miscellaneous Categories - - Related Disciplines
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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