Cognitive Workload and Fatigue in Financial Decision Making

by Stephen J. Guastello (Editor)

Overview

This book presents new theory and empirical studies on the roles of cognitive workload and fatigue on repeated financial decisions. The mathematical models that are developed here utilize two cusp catastrophe functions for discontinuous changes in performance and integrate objective measures of workload, subjective experiences, and individual differences among the decision makers. Additional nonlinear dynamical processes are examined with regard to persistence and antipersistence in decisions, entropy, further explanations of overall performance, and the identification of risk-optimization profiles for long sequences of decisions.

Product Details

ISBN-13:	9784431553113
Publisher:	Springer Japan
Publication date:	12/15/2015
Series:	Evolutionary Economics and Social Complexity Science , #13
Edition description:	1st ed. 2016
Pages:	134
Product dimensions:	6.10(w) x 9.25(h) x (d)

Table of Contents

1 Bounded Rationality in the 21st Century (Stephen J. Guastello).- 2 Theoretical issues in cognitive workload and fatigue (Stephen J. Guastello).- 3 Experimental Analysis of Cusp Models (Stephen J. Guastello, Anton Shircel, Matthew Malon, Paul Timm, Kelsey Weinberger, and Katherine Reiter).- 4 Individual Differences in the Assessment of Cognitive Workload (Stephen J. Guastello).- 5 The Performance-Variability Paradox: Optimizing (Stephen J. Guastello, Katherine Reiter, Anton Shircel, Paul Timm, Matthew Malon & Megan Fabisch).- 6 The Performance-Variability Paradox: Risk Taking (Stephen J. Guastello).- 7 Determining Optimization-Risk Profiles for Individual Decision Makers (Stephen J. Guastello and Anthony F. Peressini).- 8 Lessons Learned and Future Directions (Stephen J. Guastello).