This paper presents a structure within which to think about incorporating managerial decision models and manager … Aharoni’s initial research in The Foreign Investment Decision Process (1966) while incorporating his most recent call to …

Modern strategic decision theory focuses on those actions taken by senior executives (on behalf of the owners) that …

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 …

espousing discordant theories-in-use reconcile their differences pragmatically. Practitioners' decision-making metaphors … symbolic actions are triggered. Implications for decision theories are discussed, and potential benefits of incorporating …

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 …

Effective marketing decision-making benefits from a rigorous, data-driven process that systematically evaluates … alternatives based on insights and analysis. This study develops and evaluates a 5-stage decision-making process model integrating … cross-sectional design constrain implications. Future research employing probability sampling, multiple decision contexts …

'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 …

. We link differences in mental models to differences in decision rules and performance in a management simulation. Our … results show more accurate mental models lead to better decision rules and higher performance. We also find that decision …