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Economic activity always involves the allocation of scarce goods to competing uses. Among these scarce goods is also the personnel of the enterprise. Personnel economics therefore also has to make such allocation decisions with respect to the availability of personnel and with respect to the...
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The corporate environment is always characterized by a high degree of volatility, uncertainty, complexity and ambiguity. These aspects influence Human Resource Management (HRM) just like other areas of the company. In the context of decision problems, especially in HRM, it is not always possible...
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If a decision context is completely precise, making good decisions is relatively easy. In the presence of ambiguity, rational decision-making is incomparably more challenging. We understand ambiguous situations as cases, where the decision-maker has imprecise (uncertain or vague) knowledge that...
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