Cognitive Workload and Fatigue in Financial Decision Making

• Corporate Author: SpringerLink (Online service)
• Other Authors: Guastello, Stephen J. (Editor)
• Format: Electronic eBook
• Language: English
• Published: Tokyo : Springer Japan : Imprint: Springer, 2016.
• Edition: 1st ed. 2016.
• Series: Evolutionary Economics and Social Complexity Science, 13
• Subjects: Business.; Operations research.; Decision making.; Business mathematics.; Economic history.; Economic theory.; Business and Management.; Operation Research/Decision Theory.; Economic Theory/Quantitative Economics/Mathematical Methods.; Business Mathematics.; Methodology/History of Economic Thought.
• Physical Description: VII, 134 p. 15 illus., 13 illus. in color. online resource.
• ISBN: 9784431553120
• ISSN: 2198-4204 ;

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 the cusp catastrophe function 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, explanations of overall performance, and the identification of risk-optimization profiles for long sequences of decisions.