• DocumentCode
    2817423
  • Title

    Entrepreneurial Team´s Risk Decision-Making Process Based on Group Learning

  • Author

    Xie Kefan ; Chen Gang

  • Author_Institution
    Sch. of Manage., Wuhan Univ. of Technol., Wuhan, China
  • fYear
    2009
  • fDate
    11-13 Dec. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    As an important character, adaptive decision-making is not only essential for individual decision-maker, but also for group decision-maker. This paper focuses on entrepreneurial team\´s risk decision-making process based on group learning. Firstly, this paper analyzes the group learning mechanisms of entrepreneurial team\´s risk decision-making process, and divides the process into two basic stages such as perception aggregation stage and decision-making aggregation stage according to its group learning mechanisms. Then the paper proposes a so-called "double brain model" for entrepreneurial team\´ risk decision-making process according to the group learning characteristics of these two stages. Finally, the paper describes the double brain model by a relative entropy duo-aggregation model of entrepreneurial team\´s risk decision-making.
  • Keywords
    decision making; risk management; adaptive decision making; double brain model; entrepreneurial team risk decision making process; entropy duo-aggregation model; group decision maker; group learning mechanism; Brain modeling; Decision making; Entropy; Feedback; Helium; Learning systems; Probes; Risk analysis; Risk management; Technology management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence and Software Engineering, 2009. CiSE 2009. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4507-3
  • Electronic_ISBN
    978-1-4244-4507-3
  • Type

    conf

  • DOI
    10.1109/CISE.2009.5363367
  • Filename
    5363367