Browsing School of Economic Sciences and Business by Subject "Decision making: human"

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  • The Value of Decision Making in a Complex Environment: An Experimental Approach 

    Hogarth, Robin M.; Makridakis, Spyros (The European Institute of Business Administration, Fontainebleau, France, 1981)
    Are the costs of time arid effort spent on analyzing decisions outweighed by benefits? This issue was examined in the context of a competitive business game where human teams were pitted against two kinds of simple-minded ...