A formal, descriptive model for the business case of managerial decision-making

Masaaki Kunigami, Takamasa Kikuchi, Hiroshi Takahashi, Takao Terano

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper proposes a formal descriptive model of organizational decision-making called the Managerial Decision-Making Description Model (MDDM). This model introduces visual representations to describe managerial decisions that redefine relationships between their objectives and resources. The MDDM describes various business cases and enables us to compare these decision-making processes. This paper presents the MDDM’s methodologies and describes, and compares, the decision diagrams extracted from actual business cases and organizational agent-based simulation (ABS) logs as virtual business cases.

Original languageEnglish
Title of host publicationAgents and Multi-Agent Systems
Subtitle of host publicationTechnologies and Applications - 14th KES International Conference, KES-AMSTA 2020, Proceedings
EditorsG. Jezic, M. Kusek, J. Chen-Burger, R. Sperka, Robert J. Howlett, Robert J. Howlett, Lakhmi C. Jain, Lakhmi C. Jain, Lakhmi C. Jain
PublisherSpringer
Pages355-365
Number of pages11
ISBN (Print)9789811557637
DOIs
Publication statusPublished - 2020
Event14th International KES Conference on Agents and Multi-Agent Systems: Technologies and Applications, KES-AMSTA 2020 - Split, Croatia
Duration: 2020 Jun 172020 Jul 19

Publication series

NameSmart Innovation, Systems and Technologies
Volume186
ISSN (Print)2190-3018
ISSN (Electronic)2190-3026

Conference

Conference14th International KES Conference on Agents and Multi-Agent Systems: Technologies and Applications, KES-AMSTA 2020
CountryCroatia
CitySplit
Period20/6/1720/7/19

Keywords

  • Business case
  • Business structure
  • Decision diagram
  • Formal description

ASJC Scopus subject areas

  • Decision Sciences(all)
  • Computer Science(all)

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  • Cite this

    Kunigami, M., Kikuchi, T., Takahashi, H., & Terano, T. (2020). A formal, descriptive model for the business case of managerial decision-making. In G. Jezic, M. Kusek, J. Chen-Burger, R. Sperka, R. J. Howlett, R. J. Howlett, L. C. Jain, L. C. Jain, & L. C. Jain (Eds.), Agents and Multi-Agent Systems: Technologies and Applications - 14th KES International Conference, KES-AMSTA 2020, Proceedings (pp. 355-365). (Smart Innovation, Systems and Technologies; Vol. 186). Springer. https://doi.org/10.1007/978-981-15-5764-4_33