Decision-Making under Stress and Its Implications for Managerial Decision-Making: A Review of Literature

Kubilay Gok () and Nuray Atsan ()
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Kubilay Gok: Department of Business Administration, Winona State University, USA.
Nuray Atsan: Faculty of Economics and Administrative Sciences, Department of Business Administration, Akdeniz University, Antalya/TURKEY.

International Journal of Business and Social Research, 2016, vol. 6, issue 3, 38-47

Abstract: We examine the main theoretical models of decision making under stress and the effects of decision stress on decision making process to provide a deeper understanding of the decision making phenomenon. The literature review reveals that stress can have an impact on each stage of the decision-making process. The review also finds that decision makers could enhance their decision-making performance and prevent potential decision failures by means of adapting certain coping strategies.

Keywords: Decision-failures; decision making process; decision-making under stress; threat-rigidity. (search for similar items in EconPapers)
JEL-codes: D03 L20 M00 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:mir:mirbus:v:6:y:2016:i:3:p:38-47

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