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Author: Frédéric Adam
Publisher: CRC Press
ISBN: 1000543102
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
Managers in organisations must make rational decisions. Rational decision making is the opposite of intuitive decision making. It is a strict procedure utilising objective knowledge and logic. It involves identifying the problem to solve, gathering facts, identifying options and outcomes, analysing them, considering all the relationships and selecting the decision. Rational decision making requires support: methods and software tools. The identification of the problem to solve needs methods that would measure and evaluate the current situation. Identification and evaluation of options and analysis of the available possibilities involves analysis and optimisation methods. Incorporating intuition into rational decision making needs adequate methods that would translate ideas or observed behaviours into hard data. Communication, observation and opinions recording is hardly possible today without adequate software. Information and data that form the input, intermediate variables and the output must be stored, managed and made accessible in a user-friendly manner. Rational Decisions in Organisations: Theoretical and Practical Aspects presents selected recent developments in the support of the widely understood rational decision making in organisations, illustrated through case studies. The book shows not only the variety of perspectives involved in decision making, but also the variety of domains where rational decision support systems are needed. The case studies present decision making by medical doctors, students and managers of various universities, IT project teams, construction companies, banks and small and large manufacturing companies. Covering the richness of relationships in which the decisions should and must be taken, the book illustrates how modern organisations operate in chains and networks; they have multiple responsibilities, including social, legal, business and ethical duties. Nowadays, managers in organisations can make transparent decisions and consider a multitude of stakeholders and their diverse features, incorporating diverse criteria, using multiple types and drivers of information and decision-making patterns, and referring to numerous lessons learned. As the book makes clear, the marriage of theoretical ideas with the possibilities offered by technology can make the decisions in organisations more rational and, at the same time, more human.
Author: Frédéric Adam
Publisher: CRC Press
ISBN: 1000543102
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
Managers in organisations must make rational decisions. Rational decision making is the opposite of intuitive decision making. It is a strict procedure utilising objective knowledge and logic. It involves identifying the problem to solve, gathering facts, identifying options and outcomes, analysing them, considering all the relationships and selecting the decision. Rational decision making requires support: methods and software tools. The identification of the problem to solve needs methods that would measure and evaluate the current situation. Identification and evaluation of options and analysis of the available possibilities involves analysis and optimisation methods. Incorporating intuition into rational decision making needs adequate methods that would translate ideas or observed behaviours into hard data. Communication, observation and opinions recording is hardly possible today without adequate software. Information and data that form the input, intermediate variables and the output must be stored, managed and made accessible in a user-friendly manner. Rational Decisions in Organisations: Theoretical and Practical Aspects presents selected recent developments in the support of the widely understood rational decision making in organisations, illustrated through case studies. The book shows not only the variety of perspectives involved in decision making, but also the variety of domains where rational decision support systems are needed. The case studies present decision making by medical doctors, students and managers of various universities, IT project teams, construction companies, banks and small and large manufacturing companies. Covering the richness of relationships in which the decisions should and must be taken, the book illustrates how modern organisations operate in chains and networks; they have multiple responsibilities, including social, legal, business and ethical duties. Nowadays, managers in organisations can make transparent decisions and consider a multitude of stakeholders and their diverse features, incorporating diverse criteria, using multiple types and drivers of information and decision-making patterns, and referring to numerous lessons learned. As the book makes clear, the marriage of theoretical ideas with the possibilities offered by technology can make the decisions in organisations more rational and, at the same time, more human.
Author: Marcia W. Blenko
Publisher: Harvard Business Press
ISBN: 1422147576
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
-Identify your critical decisions. Focus on those that matter most to your company's performance. --
Author: Richard W. Pew
Publisher: National Academies
ISBN:
Category : Human engineering
Languages : en
Pages : 176
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Book Description
Author: Kesra Nermend
Publisher: Springer
ISBN: 3319629387
Category : Business & Economics
Languages : en
Pages : 409
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Book Description
This proceedings volume presents the latest scientific research and trends in experimental economics, with particular focus on neuroeconomics. Derived from the 2016 Computational Methods in Experimental Economics (CMEE) conference held in Szczecin, Poland, this book features research and analysis of novel computational methods in neuroeconomics. Neuroeconomics is an interdisciplinary field that combines neuroscience, psychology and economics to build a comprehensive theory of decision making. At its core, neuroeconomics analyzes the decision-making process not only in terms of external conditions or psychological aspects, but also from the neuronal point of view by examining the cerebral conditions of decision making. The application of IT enhances the possibilities of conducting such analyses. Such studies are now performed by software that provides interaction among all the participants and possibilities to register their reactions more accurately. This book examines some of these applications and methods. Featuring contributions on both theory and application, this book is of interest to researchers, students, academics and professionals interested in experimental economics, neuroeconomics and behavioral economics.
Author: Elena G. Popkova
Publisher: Emerald Group Publishing
ISBN: 1787566935
Category : Business & Economics
Languages : en
Pages : 250
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Book Description
Specifics of Decision Making in Modern Business Systems focuses on the regularities and tendencies that are peculiar for the modern Russian practice of decision making in business systems, as well as the authors’ solutions for its optimization in view of new challenges and possibilities.
Author: T. K. Das
Publisher: IAP
ISBN: 1681236591
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
Behavioral strategy continues to attract increasing research interest within the broader field of strategic management. Research in behavioral strategy has clear scope for development in tandem with such traditional streams of strategy research that involve economics, markets, resources, and technology. The key roles of psychology, organizational behavior, and behavioral decision making in the theory and practice of strategy have yet to be comprehensively grasped. Given that strategic thinking and strategic decision making are importantly concerned with human cognition, human decisions, and human behavior, it makes eminent sense to bring some balance in the strategy field by complementing the extant emphasis on the “objective’ economics-based view with substantive attention to the “subjective” individual-oriented perspective. This calls for more focused inquiries into the role and nature of the individual strategy actors, and their cognitions and behaviors, in the strategy research enterprise. For the purposes of this book series, behavioral strategy would be broadly construed as covering all aspects of the role of the strategy maker in the entire strategy field. The scholarship relating to behavioral strategy is widely believed to be dispersed in diverse literatures. These existing contributions that relate to behavioral strategy within the overall field of strategy has been known and perhaps valued by most scholars all along, but were not adequately appreciated or brought together as a coherent sub-field or as a distinct perspective of strategy. This book series on Research in Behavioral Strategy will cover the essential progress made thus far in this admittedly fragmented literature and elaborate upon fruitful streams of scholarship. More importantly, the book series will focus on providing a robust and comprehensive forum for the growing scholarship in behavioral strategy. In particular, the volumes in the series will cover new views of interdisciplinary theoretical frameworks and models (dealing with all behavioral aspects), significant practical problems of strategy formulation, implementation, and evaluation, and emerging areas of inquiry. The series will also include comprehensive empirical studies of selected segments of business, economic, industrial, government, and non-profit activities with potential for wider application of behavioral strategy. Through the ongoing release of focused topical titles, this book series will seek to disseminate theoretical insights and practical management information that will enable interested professionals to gain a rigorous and comprehensive understanding of the subject of behavioral strategy. Decision Making in Behavioral Strategy contains contributions by leading scholars in the field of behavioral strategy research. The 10 chapters in this volume cover a number of significant issues relating to the decision making processes, practices, and perspectives in the field of behavioral strategy, covering diverse topics such as failures in acquisitions, entrepreneurs under ambiguity, metacognition, neural correlates of emotion, knowledge flows, behavioral responses, business modeling, and alliance capability. The chapters include empirical as well as conceptual treatments of the selected topics, and collectively present a wide-ranging review of the noteworthy research perspectives on decision making in behavioral strategy.
Author: Tanisha Owens
Publisher: Tanisha Owens
ISBN:
Category : Business & Economics
Languages : en
Pages : 45
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Book Description
The story "The Science of Decision-Making: Understanding and Enhancing Your Choices" takes readers on a journey through the fascinating world of decision-making. The book is divided into seven chapters, each exploring different aspects of the decision-making process and offering insights into how individuals can improve their choices. Chapter 1 introduces readers to the science behind decision-making and its significance in our lives. It emphasizes the importance of understanding the factors that influence our decisions and provides an overview of the subsequent chapters. Chapter 2 dives into the topic of cognitive biases and their impact on decision-making. Readers learn about the common biases that can cloud judgment and lead to suboptimal choices. The chapter highlights the need to be aware of these biases and offers strategies to overcome them. Chapter 3 delves into the psychology of decision-making, exploring the cognitive and emotional factors that shape our choices. It examines how our perceptions, emotions, and beliefs influence decision-making processes and provides techniques to enhance decision-making by understanding our psychological tendencies. Chapter 4 takes a neurobiological perspective, exploring how the brain is involved in decision-making. It examines the neural mechanisms behind decision-making processes and discusses the influence of factors such as emotions, memory, and reward systems. The chapter sheds light on how understanding the neurobiology of decision-making can help us make better choices. Chapter 5 focuses on rational decision-making. It explores decision-making models, logic, and reasoning. Readers learn about structured approaches to decision-making, such as cost-benefit analysis and decision matrices, which can help enhance rational decision-making. Chapter 6 delves into the ethical dimensions of decision-making. It discusses the importance of considering moral principles and values when making choices and provides frameworks for ethical decision-making. The chapter explores the challenges and dilemmas that can arise and offers strategies to navigate them while maintaining integrity. Chapter 7 concludes the book by exploring techniques to enhance decision-making skills. It covers topics such as analytical thinking, building decision-making competencies, harnessing technology and tools, managing biases, and fostering continuous learning. Readers gain practical strategies to improve their decision-making abilities and achieve better outcomes. Overall, the story takes readers on a comprehensive journey through the science, psychology, neurobiology, and ethics of decision-making. It empowers individuals with knowledge and techniques to understand the complexities of decision-making and make informed choices that align with their goals and values.
Author: IntroBooks Team
Publisher: IntroBooks
ISBN:
Category : Business & Economics
Languages : en
Pages : 24
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Book Description
Introduction to Decision Making Process
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309095409
Category : Science
Languages : en
Pages : 297
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Book Description
With the growing number, complexity, and importance of environmental problems come demands to include a full range of intellectual disciplines and scholarly traditions to help define and eventually manage such problems more effectively. Decision Making for the Environment: Social and Behavioral Science Research Priorities is the result of a 2-year effort by 12 social and behavioral scientists, scholars, and practitioners. The report sets research priorities for the social and behavioral sciences as they relate to several different kinds of environmental problems.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309164915
Category : Social Science
Languages : en
Pages : 280
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Book Description
By 2030 there will be about 70 million people in the United States who are older than 64. Approximately 26 percent of these will be racial and ethnic minorities. Overall, the older population will be more diverse and better educated than their earlier cohorts. The range of late-life outcomes is very dramatic with old age being a significantly different experience for financially secure and well-educated people than for poor and uneducated people. The early mission of behavioral science research focused on identifying problems of older adults, such as isolation, caregiving, and dementia. Today, the field of gerontology is more interdisciplinary. When I'm 64 examines how individual and social behavior play a role in understanding diverse outcomes in old age. It also explores the implications of an aging workforce on the economy. The book recommends that the National Institute on Aging focus its research support in social, personality, and life-span psychology in four areas: motivation and behavioral change; socioemotional influences on decision-making; the influence of social engagement on cognition; and the effects of stereotypes on self and others. When I'm 64 is a useful resource for policymakers, researchers and medical professionals.
