Bilateral Decision Making Under Asynchronous Time Constraint

Abstract

Decision making is indispensable to any optimization in intelligent computing. In this study, we discuss a mathematical foundation for bilateral decision making under synchronous and asynchronous time constraint. The problem on time constraint is to evaluate the cost of time or the value of the entire duration of certain decision process. We propose a formula to compute the cost of time by introduction of opportunity cost to its evaluation. We also propose two formulas on the strategic points to minimize the cost of time for decision process. under synchronous or common time constraint and asynchronous or uncommon time constraints. The proposed formulas contribute to accelerating time-sensitive decision making, instead of the heuristic point of the half time.