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A Formal, Descriptive Model for the Business Case of Managerial Decision-Making

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Agents and Multi-Agent Systems: Technologies and Applications 2020

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.

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Acknowledgments

This work is supported in part by the Grant of Foundation for the Fusion Of Science and Technology. The authors would like to thank Enago (www.enaga.jp) for the English language proof.

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Correspondence to Masaaki Kunigami .

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© 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Kunigami, M., Kikuchi, T., Takahashi, H., Terano, T. (2020). A Formal, Descriptive Model for the Business Case of Managerial Decision-Making. In: Jezic, G., Chen-Burger, J., Kusek, M., Sperka, R., Howlett, R., Jain, L. (eds) Agents and Multi-Agent Systems: Technologies and Applications 2020. Smart Innovation, Systems and Technologies, vol 186. Springer, Singapore. https://doi.org/10.1007/978-981-15-5764-4_33

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