publications. We discuss the implications for policy and decision making and suggest recommendations for research management of …

This paper examines, in the tradition of descriptive approaches of decision-making, how Romanian executives actually … decision-making. The conclusion of this study is that the Romanian managers don’t follow all the recommendations of classical … decision theory when they make decisions. That situation is caused not only by the high instability of business environment …

risk strategies. The first effect, reference group sensitivity, is the degree to which decision makers' aspirations are … sensitive to their reference group. In this paper we compare the performances of decision makers with alternative levels of … multiple segregated reference groups. The performance of decision makers residing in a world with one single population is …

and thus offers a method to analyze any form of decision making structure with respect to its reliability …

-reason" decision making can be more effective than analyses that use more information. We, thus, provide analytical backing to …

PURPOSE – This study aims at examining the district SMEs decision-making under complexity. The purpose of the paper is … district firms and hence supports the decision-making of individual entrepreneurs, in the perspective of value creation and … have been used for the analysis of the district firms decision-making process. FINDINGS – The findings suggest that the …

Laboratory studies have shown that decision-making groups tend to focus on common information at the expense of unique …