Several scholarly disciplines share an interest in the decision-making process. On one hand, there are related fields of operations research and management science, both concerned with how to improve the decisions which are made. Their models of decision making, aimed at providing a rational basis for selecting among alternative courses of action, are termed normative or prescriptive models. On...

Technical efficiency of wheat farms in eastern England is measured through the estimation of a stochastic frontier production function using panel data for the 1993–1997 crop years. Variations in the technical efficiency index across production units are explained through a number of managerial and farm characteristic variables following Battese and Coelli (1995) [Empirical Econ. 20, 325–332] a...

the sensitivity analysis for multi-attribute decision making (madm) problems is important for two reasons: first, the decision matrix as the source of the results of a decision problem is inaccurate because it sorts the alternatives in each criterion inaccurately. second, the decision maker may change his opinions in a time period because of changes in the importance of the criteria and in the ...

This chapter describes and analyses the experience of the Egyptian government in spreading the awareness of information technology and its use in managing socio-economic development through building multiple information handling and decision support systems in messy, turbulent and changing environments. The successes over the past ten years in developing, implementing and sustaining stateof-the...

the objective of the present study was to identify managerial competencies. this study reviewed existing managerial competencies in a cultural context resulting in the development of a broad based psychometrically sound leadership questionnaire. the unit of analysis of the research was a theoretical and experimental research related to managerial competencies, provided from seventeen iranian an...

Project executives believe complex multinational investment selection is complicated because there are many criteria to evaluate and the decision-making theories are difficult to implement in practice. The 2008 global recession has forced companies to rebalance existing programs and products. Thus, project selection is not merely a go/no-go decision for a single project but instead it is a mult...

Prior research has provided valuable insights into how and why employees make a decision about the adoption and use of information technologies (ITs) in the workplace. From an organizational point of view, however, the more important issue is how managers make informed decisions about interventions that can lead to greater acceptance and effective utilization of IT. There is limited research in...

Managerial flexibilities have to be taken into account in ex-ante decision-making on IT investment projects (ITIPs). In many papers of the IS literature, standard financial option pricing models are used to value such managerial flexibilities. Based on a review of the related literature, the paper critically discusses the assumptions of the most frequently used financial option pricing model, n...