Resource-Allocation Behavior

by Harvey J. Langholtz, Antoinette T. Marty, Christopher T. Ball, Eric C. Nolan

Overview

Despite the increasing necessity for information on allocating dwindling resources, resource-allocation behavior is not nearly so well understood as choice behavior (selection from two or more already defined alternatives, events, or lotteries.)

Although there have been scores of books devoted to the optimal model for making resource-allocation decisions there has never been a book discussing the cognitive aspects of this behavior.

This book answers the question of how people make such decisions while explaining how Linear Programming can be applied within the context of resource-allocation. It also takes the reader step-by-step into several types of problems under varying conditions, including harsh and benign environments, maximization and minimization, multi-dimensional, and cyclical problems.

Product Details

ISBN-13:	9781402072277
Publisher:	Springer US
Publication date:	09/30/2002
Edition description:	2003
Pages:	245
Product dimensions:	6.10(w) x 9.25(h) x 0.02(d)

Table of Contents

1. An Introduction to Resource-Allocation Behavior. 2. The Optimal Model: Linear Programming. 3. Resource-Allocation Behavior with Time, Three Dimensions, and Minimums. 4. Previous Research: Behavioral Models Follow Normative Models. 5. Resource-Allocation Behavior with Various Levels of Information. 6. Resource-Allocation Behavior in Harsh and Benign Environments. 7. Resource-Allocation Behavior when Gains and Losses are Possible. 8. Resource-Allocation Behavior when the Objective Function Changes. 9. Resource-Allocation Behavior in Commonplace but Complex Tasks. 10. Cognitive Strategies for Resource-Allocation Behavior. 11. Distributive Justice in Resource-Allocation. 12. Conclusions and Future Areas to be Mapped. Index.