Internet and Cognition-Based Decision Making: A Survey
Authors: 
Yiqiang Feng, Leiju Qiu, Baowen SunAuthors Info & Claims
Pages 50 - 54
Abstract
Digital technologies represented by the Internet have influenced micro-economic agents' cognitive decisions. We review the effects of Internet technologies on the cognitions and decisions of microeconomic agents systematically. For individuals, the Internet has reshaped their cognition with the information shock, the "Google effect," and social networks. Individual decisions depend on personal cognitions; hence we further clarify the impact of the Internet on individual behavior and decisions, such as fertility decisions, house purchasing decisions, and financial investment decisions. For enterprises, we consider Internet Big Data-assisted decision-making. Enterprises can make relevant business decisions such as targeted advertising, product improvement, and price discrimination by mining big data and using artificial intelligence algorithms. We find that internet technology can directly impact human intelligence (cognition) and influence individual decisions. Internet technology such as artificial intelligence algorithms can also assist individual decisions.
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Published In
October 2021
182 pages
ISBN:9781450395540
DOI:10.1145/3503181
Copyright © 2021 ACM.
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Association for Computing Machinery
New York, NY, United States
Publication History
Published: 01 March 2022
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- Research-article
- Research
- Refereed limited
Funding Sources
- National Natural Science Foundation of China
- National Social Science Fund of China
- Beijing Social Science Foundation Research Base Project
- 111 Project
- Beijing Outstanding Young Scientist Program
Conference
ICCSE '21
ICCSE '21: 5th International Conference on Crowd Science and Engineering
October 16 - 18, 2021
Jinan, China
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Overall Acceptance Rate 92 of 247 submissions, 37%
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