Decisions, Decisions

Emilio Cvitkovic

Chapter 4 in Competition, 1993, pp 91-117 from Palgrave Macmillan

Abstract: Abstract What is most frustrating about intelligent decision-making is that it looks so easy. It’s not a matter of intelligence or common sense alone; something must be frequently interfering with the process. We are all obviously endowed with more than the required IQ to make good decisions — or at least better than the failures we frequently learn about through the media. Often this is not the case of superior wisdom provided by hindsight. Many decisions are fairly stupid, both a priori or after the fact.

Keywords: Decision Tree; Standard Operating Procedure; Business Unit; Capacity Expansion; Congressional District (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12857-0_5

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DOI: 10.1007/978-1-349-12857-0_5

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