Decision Support Systems and the Marginal Economics of Effort (Classic Reprint)

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Excerpt from Decision Support Systems and the Marginal Economics of EffortHowever, the argument of this paper is that the marginal economics of effort are such that a dss or any similar aid may impose costs that outweigh the perceived gains because existing incremental or heuristic strategies are extremely cheap. Managers have an investment in methodologies that have been reasonably effective, so that it may be difficult for any system to generate substantial enough improvements in decision outcomes to justify the cognitive strain imposed. A dss will be accepted mainly because it provides adeguate benefits for low incremental effort.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.