An Analysis and Critique of Decision-making Theory

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Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (384 download)

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Book Synopsis An Analysis and Critique of Decision-making Theory by : Robert Magie

Download or read book An Analysis and Critique of Decision-making Theory written by Robert Magie and published by . This book was released on 1965 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing in a Maze

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Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis Managing in a Maze by : Keith A. Merron

Download or read book Managing in a Maze written by Keith A. Merron and published by . This book was released on 1983 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational Choice Theory and Organizational Theory

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Publisher : SAGE
ISBN 13 : 9780803951365
Total Pages : 156 pages
Book Rating : 4.9/5 (513 download)

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Book Synopsis Rational Choice Theory and Organizational Theory by : Mary Zey

Download or read book Rational Choice Theory and Organizational Theory written by Mary Zey and published by SAGE. This book was released on 1998 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rational Choice Theory and Organizational Theory is written in response to the neo-classical economic rational choice theories and organizational economic theories which have emerged in the past decade and gained center stage in current organizational analysis.

Theories of Choice

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Publisher : Oxford University Press
ISBN 13 : 0192608274
Total Pages : 353 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis Theories of Choice by : Stefan Grundmann

Download or read book Theories of Choice written by Stefan Grundmann and published by Oxford University Press. This book was released on 2021-01-14 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Choice is a key concept of our time. It is a foundational mechanism for every legal order in societies that are, politically, constituted as democracies and, economically, built on the market mechanism. Thus, choice can be understood as an atomic structure that grounds core societal processes. In recent years, however, the debate over the right way to theorize choice - for example, as a rational or a behavioral type of decision making - has intensified. This collection provides an in-depth discussion of the promises and perils of specific types of theories of choice. It shows how the selection of a specific theory of choice can make a difference for concrete legal questions, in particular in the regulation of the digital economy or in choosing between market, firm, or network. In its first part, the volume provides an accessible overview of the current debates about rational versus behavioral approaches to theories of choice. The remainder of the book structures the vast landscape of theories of choice along with three main types: individual, collective, and organizational decision making. As theories of choice proliferate and become ever more sophisticated, however, the process of choosing an adequate theory of choice becomes increasingly intricate. This volume addresses this selection problem for the various legal arenas in which individual, organizational, and collective decisions matter. By drawing on economic, technological, political, and legal points of view, the volume shows which theories of choice are at the disposal of the legally relevant decision-maker, and how they can be operationalized for the solution of concrete legal problems. The editors acknowledge the kind support of the Fritz Thyssen Foundation for an exploratory conference on the subject of the book.

Organization and Decision Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 940092514X
Total Pages : 299 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Organization and Decision Theory by : Ira Horowitz

Download or read book Organization and Decision Theory written by Ira Horowitz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ira Horowitz Depending upon one's perspective, the need to choose among alternatives can be an unwelcome but unavoidable responsibility, an exciting and challenging opportunity, a run-of-the-mill activity that one performs seem ingly "without thinking very much about it," or perhaps something in between. Your most recent selections from a restaurant menu, from a set of jobs or job candidates, or from a rent-or-buy or sell-or-Iease option, are cases in point. Oftentimes we are involved in group decision processes, such as the choice of a president, wherein one group member's unwelcome responsibility is another's exciting opportunity. Many of us that voted in the presidential elections of both 1956 and 1984, irrespective of political affiliation, experienced both emotions; others just pulled the lever or punched the card without thinking very much about it. Arriving at either an individual or a group decision can sometimes be a time consuming, torturous, and traumatic process that results in a long regretted choice that could have been reached right off the bat. On other occasions, the "just let's get it over with and get out of here" solution to a long-festering problem can yield rewards that are reaped for many 1 ORGANIZATION AND DECISION THEORY 2 years to come. One way or another, however, individuals and organiza tions somehow manage to get the decision-making job done, even if they don't quite understand, and often question, just how this was accomplished.

Comparative Decision-Making Analysis

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Publisher : Oxford University Press
ISBN 13 : 019985680X
Total Pages : 523 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis Comparative Decision-Making Analysis by : Philip H. Crowley

Download or read book Comparative Decision-Making Analysis written by Philip H. Crowley and published by Oxford University Press. This book was released on 2013-03-21 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decisions are made by individual humans-but also by corporations, plants, robots, and computer programs. The authors of this volume help initiate a powerful new comparative dimension for our analysis and application of decision making across an enormous range of intellectual enquiry.

Decision Making

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Publisher : Manchester University Press
ISBN 13 : 9780719008917
Total Pages : 420 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Decision Making by : Anthony G. McGrew

Download or read book Decision Making written by Anthony G. McGrew and published by Manchester University Press. This book was released on 1982 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of decision making under uncertainty has again become a major focus of interest. This volume presents contributions from leading specialists in different fields and provides a summary and synthesis of work in this area. It is based on a conference held at the Harvard Business School. The book brings together the different approaches to decision making - normative, descriptive, and prescriptive - which largely correspond to different disciplinary interests. Mathematicians have concentrated on rational procedures for decision making - how people should make decisions. Psychologists have examined how poeple do make decisions, and how far their behaviour is compatible with any rational model. Operations researchers study the application of decision models to actual problems. Throughout, the aim is to present the current state of research and its application and also to show how the different disciplinary approaches can inform one another and thus lay the foundations for the integrated analysis of decision making. The book will be of interest to researchers, teachers - for use as background reading for a decision theory course - students, and consultants and others involved in the practical application of the analysis of decision making. It will be of interest to specialists and students in statistics, mathematics, economics, psychology and the behavioural sciences, operations research, and management science.

Complex Decision Making

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Publisher : Springer
ISBN 13 : 3540736654
Total Pages : 338 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Complex Decision Making by : Hassan Qudrat-Ullah

Download or read book Complex Decision Making written by Hassan Qudrat-Ullah and published by Springer. This book was released on 2007-09-22 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's ever more complex world creates challenges for decision makers. This volume reviews the principles underlying complex decision making, the handling of uncertainties in dynamic environments, and the various modeling approaches. Beginning with a discussion of the underlying concepts, theories and empirical evidence, the book gives you a range of practical tools and techniques for decision making in complex environments and systems.

The Cybernetic Theory of Decision

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Publisher : Princeton University Press
ISBN 13 : 140082379X
Total Pages : 391 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Cybernetic Theory of Decision by : John D. Steinbruner

Download or read book The Cybernetic Theory of Decision written by John D. Steinbruner and published by Princeton University Press. This book was released on 2021-08-10 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this classic work, John Steinbruner argues that the time is ripe for exploration of a new theoretical perspective on the decision-making process in government. He suggests that the cybernetic theory of decision as developed in such diverse fields as information theory, mathematical logic, and behavioral psychology generates a systematic but non-rational analysis that seems to explain quite naturally decisions that are puzzling when viewed from the rational perspective. When combined with the basic understanding of human mental operations developed in cognitive psychology, the cybernetic theory of decision presents a striking picture of how decision makers deal with the intense uncertainty and fundamental value conflicts that arise in bureaucratic politics. To illustrate the advantages of using cybernetic theory, Steinbruner analyzes the issue of sharing nuclear weapons among the NATO allies.

Global Encyclopedia of Public Administration, Public Policy, and Governance

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Publisher : Springer Nature
ISBN 13 : 3030662527
Total Pages : 13623 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Global Encyclopedia of Public Administration, Public Policy, and Governance by : Ali Farazmand

Download or read book Global Encyclopedia of Public Administration, Public Policy, and Governance written by Ali Farazmand and published by Springer Nature. This book was released on 2023-04-05 with total page 13623 pages. Available in PDF, EPUB and Kindle. Book excerpt: This global encyclopedic work serves as a comprehensive collection of global scholarship regarding the vast fields of public administration, public policy, governance, and management. Written and edited by leading international scholars and practitioners, this exhaustive resource covers all areas of the above fields and their numerous subfields of study. In keeping with the multidisciplinary spirit of these fields and subfields, the entries make use of various theoretical, empirical, analytical, practical, and methodological bases of knowledge. Expanded and updated, the second edition includes over a thousand of new entries representing the most current research in public administration, public policy, governance, nonprofit and nongovernmental organizations, and management covering such important sub-areas as: 1. organization theory, behavior, change and development; 2. administrative theory and practice; 3. Bureaucracy; 4. public budgeting and financial management; 5. public economy and public management 6. public personnel administration and labor-management relations; 7. crisis and emergency management; 8. institutional theory and public administration; 9. law and regulations; 10. ethics and accountability; 11. public governance and private governance; 12. Nonprofit management and nongovernmental organizations; 13. Social, health, and environmental policy areas; 14. pandemic and crisis management; 15. administrative and governance reforms; 16. comparative public administration and governance; 17. globalization and international issues; 18. performance management; 19. geographical areas of the world with country-focused entries like Japan, China, Latin America, Europe, Asia, Africa, the Middle East, Russia and Eastern Europe, North America; and 20. a lot more. Relevant to professionals, experts, scholars, general readers, researchers, policy makers and manger, and students worldwide, this work will serve as the most viable global reference source for those looking for an introduction and advance knowledge to the field.

Handbook of the Fundamentals of Financial Decision Making

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Publisher : World Scientific
ISBN 13 : 9814417351
Total Pages : 941 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Handbook of the Fundamentals of Financial Decision Making by : Leonard C. MacLean

Download or read book Handbook of the Fundamentals of Financial Decision Making written by Leonard C. MacLean and published by World Scientific. This book was released on 2013 with total page 941 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).

Behavioral Decision Theory

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Publisher : Springer
ISBN 13 : 4431545808
Total Pages : 210 pages
Book Rating : 4.4/5 (315 download)

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Book Synopsis Behavioral Decision Theory by : Kazuhisa Takemura

Download or read book Behavioral Decision Theory written by Kazuhisa Takemura and published by Springer. This book was released on 2014-07-08 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of behavioral decision theory and related research findings. In brief, behavioral decision theory is a general term for descriptive theories to explain the psychological knowledge related to decision-making behavior. It is called a theory, but actually it is a combination of various psychological theories, for which no axiomatic systems, such as the utility theory widely used in economics, have been established; it is often limited to qualitative knowledge. However, as suggested in the studies of H. A. Simon, who won the Nobel Prize for Economics in 1978, and D. Kahneman, who won the prize in 2002, the psychological methodology and knowledge of behavioral decision theory have been applied widely in such fields as economics, business administration, and engineering, and are expected to become more useful in the future. This book explains various behavioral decision theories related to decision-making processes. Numerous models have been proposed to explain the psychological processes related to such a selection of decision strategies, and this book also introduces some new models that are useful to explain decision-making processes. The book concludes with speculation about the future of modern behavioral decision theories while referring to their relation to fields associated with neuroscience, such as neuroeconomics, that have been developed in recent years. In addition, each chapter includes a bibliography that can be referred to when studying more details related to behavioral decision theory. Reading this book requires no advanced expertise; nonetheless, an introductory knowledge of psychology, business administration, and economics, and approximately a high school graduate’s level of mathematics should facilitate the reader’s comprehension of the content.

Evaluation and Decision Models

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Publisher : Springer Science & Business Media
ISBN 13 : 1461515939
Total Pages : 278 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Evaluation and Decision Models by : Denis Bouyssou

Download or read book Evaluation and Decision Models written by Denis Bouyssou and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. 1 Motivations Deciding is a very complex and difficult task. Some people even argue that our ability to make decisions in complex situations is the main feature that distinguishes us from animals (it is also common to say that laughing is the main difference). Nevertheless, when the task is too complex or the interests at stake are too important, it quite often happens that we do not know or we are not sure what to decide and, in many instances, we resort to a decision support technique: an informal one-we toss a coin, we ask an oracle, we visit an astrologer, we consult an expert, we think-or a formal one. Although informal decision support techniques can be of interest, in this book, we will focus on formal ones. Among the latter, we find some well-known decision support techniques: cost-benefit analysis, multiple criteria decision analysis, decision trees, . . . But there are many other ones, sometimes not presented as decision support techniques, that help making decisions. Let us cite but a few examples. • When the director of a school must decide whether a given student will pass or fail, he usually asks each teacher to assess the merits of the student by means of a grade. The director then sums the grades and compares the result to a threshold. • When a bank must decide whether a given client will obtain a credit or not, a technique, called credit scoring, is often used.

Decision Analysis

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Publisher :
ISBN 13 :
Total Pages : 340 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Decision Analysis by : Howard Raiffa

Download or read book Decision Analysis written by Howard Raiffa and published by . This book was released on 1997 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Decision Making

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Publisher :
ISBN 13 : 9780521351492
Total Pages : 623 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis Decision Making by : David E. Bell

Download or read book Decision Making written by David E. Bell and published by . This book was released on 1988 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of decision making under uncertainty has again become a major focus of interest. This volume presents contributions from leading specialists in different fields and provides a summary and synthesis of work in this area. It is based on a conference held at the Harvard Business School. The book brings together the different approaches to decision making - normative, descriptive, and prescriptive - which largely correspond to different disciplinary interests. Mathematicians have concentrated on rational procedures for decision making - how people should make decisions. Psychologists have examined how poeple do make decisions, and how far their behaviour is compatible with any rational model. Operations researchers study the application of decision models to actual problems. Throughout, the aim is to present the current state of research and its application and also to show how the different disciplinary approaches can inform one another and thus lay the foundations for the integrated analysis of decision making. The book will be of interest to researchers, teachers - for use as background reading for a decision theory course - students, and consultants and others involved in the practical application of the analysis of decision making. It will be of interest to specialists and students in statistics, mathematics, economics, psychology and the behavioural sciences, operations research, and management science.

Decision Making

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Publisher : PWS Publishing Company
ISBN 13 :
Total Pages : 408 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Decision Making by : United States. Office of Naval Research

Download or read book Decision Making written by United States. Office of Naval Research and published by PWS Publishing Company. This book was released on 1982 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theory of Decision Under Uncertainty

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Publisher : Cambridge University Press
ISBN 13 : 052151732X
Total Pages : 216 pages
Book Rating : 4.5/5 (215 download)

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Book Synopsis Theory of Decision Under Uncertainty by : Itzhak Gilboa

Download or read book Theory of Decision Under Uncertainty written by Itzhak Gilboa and published by Cambridge University Press. This book was released on 2009-03-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.