Showing 61 - 70 of 79,159
This paper presents opportunities for applying von Neumann – Morgenstern utility function as an instrument for choosing an alternative to overcome crisis of the organization. Choice between fuzzy triangular alternatives by means of definite (crisp) von Neumann – Morgenstern utility function...
Persistent link: https://www.econbiz.de/10012959584
's decision-making structure is often participatory—i.e., organizational decisions often involve multiple individuals aggregating …-by-doing. Rather, when participating in the decision, they may vote for an alternative that is different from the one eventually … individual in the organization (such as the CEO) makes decisions on her own. Using a computational model of decision-making under …
Persistent link: https://www.econbiz.de/10012941049
This study sought to evaluate the imperatives of effective management decision making on operational effectiveness in … Nigeria. Despite different models of decision making on effective management decision incorporates problem identification … literature of operational failures due to lack of ethical standards in management decision making as well as credible evidence to …
Persistent link: https://www.econbiz.de/10012867885
This study examines the effectiveness of performance measurement system (PMS) for the principal's decision making in a … tensions resulted from the pursuit of centralization and decentralization. The headquarters decentralizes decision …
Persistent link: https://www.econbiz.de/10013010230
The creation, operation, alteration, and cessation of every action and function in an organization -- whether within the private, public, or voluntary sector -- all consume economic resources. Measuring, accumulating, and assigning those resources to the organization's various processes and...
Persistent link: https://www.econbiz.de/10013054261
The real estate market displays many of the behavioral biases documented in the traditional financial markets. During bull markets, investor overconfidence, optimism, representativeness, and self-attribution bias among others drive prices far above their fundamental values. Conversely, during...
Persistent link: https://www.econbiz.de/10013058367
This chapter provides a critical review of behavioral economic approaches to decision-making with a focus on the … thinking processes of investors. It discusses the bounded rationality approach to decision-making as compared to the errors and … biases approach for better understanding decision-making processes and outcomes. The latter focuses on the importance of …
Persistent link: https://www.econbiz.de/10013058481
The objective of the study is examining the impact of the demographic variable on individual investor's decision making …, researchers can conclude that respective R2 value of 0.630 denotes that 63% of the observed variability in investment decision can … have a significant relationship with investment decision while some demographic factors like gender and educational level …
Persistent link: https://www.econbiz.de/10012921163
Newsvendor decision making is ubiquitous in the global economy. Very often, newsvendor decision makers are overworked … research on human newsvendors has completely ignored this aspect of decision making and has focused entirely on settings in … which the newsvendor decision is the only thing the subject is working on. We investigate the impact of presence of other …
Persistent link: https://www.econbiz.de/10013033819
observed from the economical field and from the strategic decision area. Even though the debate about the importance of …
Persistent link: https://www.econbiz.de/10013062971