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Decision-Making Theories and Models

Oliveira, Arnaldo
Authors
Oliveira, Arnaldo
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Keywords
decision
psychiatric ethics
economic ethics
business ethics
GE Subjects
Economic ethics
Cultural ethics
Community ethics
Business ethics
Ethnicity and ethics
Collections
Business Ethics
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ejbo_vol12_no2_pages_12-17_1_.pdf
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http://hdl.handle.net/20.500.12424/168326
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Abstract
This paper examines rational and psychological decision-making models. Descriptive and normative methodologies such as attribution theory, schema theory, prospect theory, ambiguity model, game theory, and expected utility theory are discussed. The definition of culture is reviewed, and the relationship between culture and decision making is also highlighted as many organizations use a cultural-ethical decision-making model.
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Article
Date
2007
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With permission of the license/copyright holder
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