Mismanaging Diagnostic Accuracy Under Congestion
成果类型:
Article
署名作者:
Kremer, Mirko; de Vericourt, Francis
署名单位:
Frankfurt School Finance & Management; European School of Management & Technology
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.2022.2292
发表日期:
2023
页码:
895-916
关键词:
congestion
diagnostic accuracy
experiments
partially observable Markov decision process
path-dependent decision making
undertesting
task completion bias
摘要:
To study the effect of congestion on the fundamental tradeoff between diagnostic accuracy and speed, we empirically test the predictions of a formal sequential testing model in a setting where the gathering of additional information can improve diagnostic accuracy but may also take time and increase congestion as a result. The efficient management of such systems requires a careful balance of congestion-sensitive stopping rules. These include diagnoses made based on very little or no diagnostic information and the stopping of diagnostic processes while waiting for information. We test these rules under controlled laboratory conditions and link the observed biases to system dynamics and performance. Our data show that decision makers (DMs) stop diagnostic processes too quickly at low congestion levels where information acquisition is relatively cheap. However, they fail to stop quickly enough when increasing congestion requires the DM to diagnose without testing or diagnose while waiting for test results. Essentially, DMs are insufficiently sensitive to congestion. As a result of these behavioral patterns, DMs manage the system with both lower-than-optimal diagnostic accuracy and higher-than-optimal congestion cost, underperforming on both sides of the accuracy/speed tradeoff.
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