Throughput Modeling Financial Information Used by Decision Makers

Book details for Throughput Modeling

Series: Studies in Managerial and Financial Accounting v. 6

Contributor(s): Waymond Rodgers (volume editor), Marc J. Epstein (editor),

Format: Hardback, 234 x 156 x 14mm , 232 pp, black & white illustrations

Publication date: 18 Dec 1997

Imprint: JAI Press Inc.

ISBN: 9780762303403

Price: £62.95

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Synopsis

This book seeks to offer a fresh perspective on viewing decision making in a modelling form. This modelling perspective is designated a throughput model since it examines an intermediary stage as well as captures parallel processing (as opposed to serial processing). The throughput model depicts the four most important highly significant concepts that portray individuals' decision making processes. Namely, information and the cognitive processes of perception, judgement and decision choice. The philosophical influences such as Kant's, Descartes' and Locke's are discussed in that they help to motivate the understanding of the throughput model. Further, the model not only offers philosophical, psychological and economic foundations, but also forms the basis for accounting and financial information processing. This book is geared to students of accounting, finance, organizational behaviour and psychology. Also, certain sections of this text are directed to business people which can assist them in structuring their decision making process.

Contents

Prior decision models and extensions; conceptual modelling used in accounting and management; axiomatic development of a decision-making model; comparing prior models with the conceptual model; conceptual modelling examples from accounting, auditing, business executives and the military; implications for financial reporting and managerial decisions; implications for future research using the throughput model.