Showing 1 - 10 of 138
This paper analyses whether freedom of decision as a crucial precondition of normative deci-sion theory is questioned … decision as the necessary basis for handling ethical questions in business practice, rather then as a limitation to this end … plain determination on the one extreme and complete autonomy on the other. It supports the proposition in decision theory …
Persistent link: https://www.econbiz.de/10005649761
In the field of organizational behavior the dominant part of the authors deals with conflicts. But problems may also occur in case of compliance, which may cause the group does not decide effectively, often unanimously, and incorrectly. The aim of this paper is to summarize the theoretical...
Persistent link: https://www.econbiz.de/10011259593
We divide the managerial decision making according to the number of decision making subjects, into individual and group … one. The group decision making occurs, when the group members participate in the decision selection of the potential … alternatives. Compared to the individual decision making, group one has several advantages such as the scope increace of the …
Persistent link: https://www.econbiz.de/10011259879
choices with observations on the decision making processes in teams, including a content analysis of exchanged messages …, provides insights into the dynamics of team decision making and shows that the individual profit maximizing motive dominates … group decision making and crowds out altruistic arguments. …
Persistent link: https://www.econbiz.de/10008852229
opinions on the attributes of projects through a hesitant fuzzy decision matrix. A weighted average of specific parametric … depend on the least, resp., the largest, evaluation and the number of evaluations in each cell. This provides the decision …-maker with ample information on which he or she can rely in order to make the final decision. …
Persistent link: https://www.econbiz.de/10011107616
The group decision making has many advantages versus the individual decision making, but it also has its disadvantages …. These clearly include the so-called groupthink that forces the members of decision-making and discussion groups to prefer …
Persistent link: https://www.econbiz.de/10011108510
Better forecasts of decisions in conflict situations, such as occur in business, politics, and war, can help protagonists achieve better outcomes. It is common advice to “stand in the other person’s shoes” when involved in a conflict, a procedure we refer to as “role thinking.” We...
Persistent link: https://www.econbiz.de/10005061656
This study reports an experiment that examines whether groups can better comply with theoretical predictions than individuals in contests. Our experiment replicates previous findings that individual players significantly overbid relative to theoretical predictions, incurring substantial losses....
Persistent link: https://www.econbiz.de/10011113095
In their seminal work, The Calculus of Consent (1962), Buchanan and Tullock develop a decision model which embodies …
Persistent link: https://www.econbiz.de/10011257880
A game-theoretical model of the investment value formation of the instruments of corporate control (shares or stakes in equity) is formulated and analyzed. It is shown that this value depends significantly on the allocation of equity among the owners, and the on the possibilities of the...
Persistent link: https://www.econbiz.de/10011273252