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As with many growing computer areas, the first attempts at developing a framework for the field were based on the software tools being built and the specific tasks undertaken. This paper attempts to draw decision support systems out of these early stages by proposing a more generally applicable framework for computer decision support 'Ib build this framework the paper first examines existing di...

Transductive inference has been introduced as a novel paradigm towards building predictive classification models from empirical data. Such models are routinely employed to support decision making in, e.g., marketing, risk management and manufacturing. To that end, the characteristics of the new philosophy are reviewed and their implications for typical decision problems are examined. The paper’...

Managers are influenced in their decisions by the information provided by managerial accountants. Two typical examples from textbooks are the irrelevance of sunk costs and, more recently, the affect of knowing the outcome of a decision or revised budget forecast. Individual differences in the cognitive ability of decision makers to use information can lead to systematic differences in judgments...

Managerial decision-making and rationality are impacted and influenced by perceptual processes. This essay seeks to critically analyse and discuss perceptual processes as pivotal in any decision-making endeavour. Its importance is briefly discussed with particular emphasis placed on ways in which certain differences or biases in perception may have on individuals’ understanding of reality as we...

Making comparative judgments in one domain activates a comparative mind-set that disposes consumers to purchase a product rather than deferring choice in a different domain. We extend the theory in three ways by examining the influence of this mind-set on managerial decision making. First, we examine the process by which the comparative mind-set increases choice. Specifically, we demonstrate th...

This paper documents a controlled experiment on the effect of adding a graphical model to a fictitious corporate security decision problem. The control group (N=44) saw a textual description, and the treatment group (N=41) was presented a graphical representation using the ArchiMate security extension modeling language in addition to the textual description. Besides the security investment deci...

Interpretation of managerial activity in terms of neuroscience is typically concerned with extreme behaviors such as corporate fraud or reckless investment (Peterson, 2007; Wargo et al., 2010a). This paper is concerned to map out the neurophysiological and cognitive mechanisms at work across the spectrum of managerial behaviors encountered in more day-to-day contexts. It proposes that the compe...

Collective, especially group-based, managerial decision making is crucial in organizations. Using an evolutionary theory approach to collective decision making, agent-based simulations were conducted to investigate how collective decision making would be affected by the agents’ diversity in problem understanding and/or behavior in discussion, as well as by their social network structure. Simula...

The delegation of administrative decision-making powers is explored in the following pages as a legal technique to enhance co-operation between politics and administration, both within the policy-making and in the domains of implementation of policy and law. Delegation, as a legal instrument, also has organisational and managerial consequences insofar as it suggests certain organisational patte...