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Understanding Human Decision-Making in Economic Models

Ford Lumban Gaol Allayarov Piratdin Elena Maslyukova

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Paperback

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English
Business Science Reference
08 May 2025
As artificial intelligence (AI), big data, and automation increasingly shape economic systems, understanding human decision-making within these models becomes critically important. The integration of intelligent technologies is not only transforming traditional sectors like finance, transportation, and hospitality, but also redefining how individuals interact with markets and make economic choices. Insights into behavioral responses, algorithmic influence, and the psychological underpinnings of decisions are essential to navigate this evolving landscape. Understanding Human Decision-Making in Economic Models explores how emerging technologies like AI and big data are reshaping economic models by influencing human decision-making. It offers insights into behavioral economics, intelligent systems, and policy responses needed to navigate the disruptions of a rapidly evolving digital economy. Covering topics such as financial markets, personnel management, and industrial production, this book is an excellent resource for academicians, economists, data scientists, policy makers, business strategists, researchers, graduate students, and more.
Edited by:   , ,
Imprint:   Business Science Reference
Country of Publication:   United States
Dimensions:   Height: 254mm,  Width: 178mm, 
ISBN:   9798369381670
Pages:   316
Publication Date:  
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

Ford Lumban Gaol is currently Professor Computer Science , Bina Nusantara University. He is the Head Department of Doctor of Computer Science Bina Nusantara University and Research Interest Group Leader “Advance System in Computational Intelligence & Knowledge Engineering (IntelSys). Dr Ford Lumban Gaol is the President of IEEE Indonesia Section Computer Society and also the IAIAI South East Asia Region Director. Dr Ford was the Vice Chair of IEEE Indonesia section and former Chair of the ACM Indonesia. Allayarov Piratdin is an associate professor of Mathematical methods in Economics Department at Tashkent State University of Economics in Uzbekistan. He graduated a Bachelor’s degree in Finance from Karakalpak State University and a Master’s degree in Accounting from the Karakalpak State University. He obtained Ph.D. in Economics at Hunan University in China. He participated as a local consultant in projects of international organizations such as the World Bank, UN Development Program. His primary research is in international trade and economics. He published more than 20 papers in local and international journals. Elena Maslyukova is an associate professor of Economics and the acting head of the Economic Cybernetics Department at Southern Federal University (Russia). She received her Ph.D. from Southern Federal University (Russia). Her current research projects focus on Mathematical and Quantitative Methods, Econometric and Statistical Methods and Methodology, Data Collection and Data Estimation Methodology. Prof. Maslyukova acts as a reviewer for many scientific journals and presents her work at international conferences and other venues.

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