Linkage Projects - Grant ID: LP0453894

Funding Activity

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Funded Activity Summary

Human Decision-Making Processes and Outcomes in the Oil and Gas Industry. A new theoretical framework, including a new Decision Taxonomy and the development of a new measure of decision quality, will be used to underpin a study of decision processes and outcomes in the oil & gas industry, and to explore the relationship between them. Processes and outcomes will be evaluated in both a controlled laboratory setting that replicates the characteristics of real decision environments, and by analysing actual historical decisions made in oil & gas and other industrial settings. If successful the results will ultimately lead to the safe, responsible and optimal performance of the oil & gas industry in particular, and for other industries with similar characteristics.

Funded Activity Details

Start Date: 07-2004

End Date: 12-2007

Funding Scheme: Linkage Projects

Funding Amount: $141,336.00

Funder: Australian Research Council