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Cognitive Simplification Processes in Strategic Decision-making.
- Source :
- Strategic Management Journal (John Wiley & Sons, Inc.) - 1980 to 2009; Apr/Jun1984, Vol. 5 Issue 2, p111-128, 18p
- Publication Year :
- 1984
-
Abstract
- Strategic decision-making can be viewed as a special kind of decision-making under uncertainty. Such decision-making involves the activities of goal formulation, problem identification, alternatives generation, and evaluation selection. Researchers in cognitive psychology and behavioural decision theory have identified a number of cognitive simplification processes which may affect the way decision-makers perform these tasks. Within this paper, the research on these processes is summarized and their possible effects on strategic decision-making are discussed. Implications for future research in this area are also drawn. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 01432095
- Volume :
- 5
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Strategic Management Journal (John Wiley & Sons, Inc.) - 1980 to 2009
- Publication Type :
- Academic Journal
- Accession number :
- 12496770
- Full Text :
- https://doi.org/10.1002/smj.4250050203