publication . Article . 2017

The decision-making process between rationality and emotions

Letizia Alvino; Massimo Franco;
Open Access
  • Published: 09 Sep 2017 Journal: International Journal of Scientific Research and Management (eissn: 2321-3418, Copyright policy)
  • Publisher: Valley International
  • Country: Netherlands
Abstract
The decision-making process has been analyzed in several disciplines (economics, social sciences, humanities, etc.) with the aim of creating models to help decision-makers in strategy formulation. The Organizational theory takes into account both the decision-making process of individuals and groups of a company. Numerous models have been built, which include a wide range of psychological, environmental, hierarchical factors, all of which only account the notion of rationality. In time, such concept has come to be considered pragmatically unrealistic and unachievable. Emotions have recently acquired an increasingly significant position (in the academic and econo...
Persistent Identifiers
Subjects
free text keywords: Neuroeconomics, Rationality, Epistemology, Decision-making, Psychology, Organizational theory, Ecological rationality
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