Foundations and Frontiers in Decision Science - Theory, Methods and Applications

Decision science enables us to make informed choices, whether in our personal lives or on a global scale. The book Foundations and Frontiers in Decision Science - Theory, Methods, and Applications explains the basics of the field and how new technology is transforming it. Inside, you will explore: ¿ Two Ways of Thinking: Learn about the intuitive and analytical systems of thinking. Annapurna Singha Roy demonstrates how AI helps individuals make informed decisions across fields such as business and healthcare, using the "5C Hybrid Framework" to integrate human and AI efforts. ¿ The Big Questions: Nurhayat Caliskan Akcetin and Eyup Akcetin look at the philosophy of decision-making. They ask how we make rational choices when things are uncertain, and our biases get in the way. ¿ AI and Better Talks: Mark Klein explains how AI can enhance group discussions. Large language models can organize information, spark creativity, and analyze different viewpoints. ¿ Teamwork with Swarms: Louis Rosenberg introduces "Conversational Swarm Intelligence." This idea, inspired by how swarms in nature function, enables groups of people and AI agents to make informed, collective decisions in real time. ¿ Decisions for the Planet: Chang-Jing Ji, Xiaodan Wang, and Xiang-Yu Wang use decision science to tackle climate change. Their work combines various systems and data analysis to help reduce carbon emissions in a fair and ethical way. ¿ Handling Uncertainty: A new mathematical tool is introduced to help manage uncertainty in complex decisions involving multiple factors. This book connects old ideas with new ways to apply them, addressing common problems such as bias, ethical considerations, and the need for transparent processes. It is a valuable resource for anyone interested in making informed, thoughtful decisions in our complex world.