Thursday, 19 April 2012

Reflections on information constraints

I've just read an article by James March (2006) about how decision making can be inhibited by constraints on information... Made me think, perhaps there are two dimensions to information processing fro decision making:

So, if information is not available to make the decision, it could be because the communication is rubbish, or it could be because the decision maker has forgotten it. If the information is available, but the analysis of the information is poor, comprehension is going to be poor. If the information is available, and the analysis is good, there is still a limit to the decision maker's ability to make a decision is still likely to be limited by attention.

I may change my views on this...

March, J (2006), 'Limited Rationality' Reading 1 Book 1 Readings , Milton Keynes, The Open University