1. Competence and Quality in Real-Life Decision Making
- Author
-
Carl Martin Allwood and Martin Geisler
- Subjects
Multidisciplinary ,business.industry ,Science ,Applied psychology ,Decision Making ,Emotions ,Decision quality ,Cognition ,Sociological Factors ,Social research ,Time ,Social skills ,Predictive power ,Quality of Life ,Medicine ,Humans ,Regression Analysis ,Social competence ,business ,Competence-based management ,Competence (human resources) ,Research Article - Abstract
What distinguishes a competent decision maker and how should the issue of decision quality be approached in a real-life context? These questions were explored in three studies. In Study 1, using a web-based questionnaire and targeting a community sample, we investigated the relationships between objective and subjective indicators of real-life decision-making success. In Study 2 and 3, targeting two different samples of professionals, we explored if the prevalent cognitively oriented definition of decision-making competence could be beneficially expanded by adding aspects of competence in terms of social skills and time-approach. The predictive power for each of these three aspects of decision-making competence was explored for different indicators of real-life decision-making success. Overall, our results suggest that research on decision-making competence would benefit by expanding the definition of competence, by including decision-related abilities in terms of social skills and time-approach. Finally, the results also indicate that individual differences in real-life decision-making success profitably can be approached and measured by different criteria. more...
- Published
- 2015