Overall Evaluation of the Options and Decision

Rudolf Grünig () and Richard Kühn ()
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Rudolf Grünig: University of Fribourg

Chapter 10 in Successful Decision-Making, 2013, pp 119-125 from Springer

Abstract: Abstract In Chapter 10, the last step of the heuristic decision-making procedure is explained. It is Step 7 “Overall evaluation of the options and decision”. For the overall evaluation of the options, two different ways are proposed: The options can either be assessed analytically by applying one or several decision maxims or summarily by considering the main advantages and disadvantages.

Keywords: Maximum Decision; General Heuristic Decision-making Procedure; Heuristic Loop; Decision Matrix; Summary Procedure (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-32307-2_10

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DOI: 10.1007/978-3-642-32307-2_10

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