Overview of the Decision-Making Procedure

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

Chapter 6 in Successful Decision-Making, 2013, pp 49-58 from Springer

Abstract: Abstract Chapter 6 introduces the general heuristic decision-making procedure which is afterwards explained in detail in Chaps. 7–11. First the value of a general heuristic decision-making procedure is assessed through a comparison with intuitive decision-making and with special heuristic decision-making procedures. Next the seven steps of the procedure are briefly described. Finally the basis of the proposed procedure is explained and the underlying heuristic principals are introduced.

Keywords: General Heuristic Decision-making Procedure; Heuristic Loop; Maximum Decision; Defined Decision Criteria; Solution Options (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_6

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DOI: 10.1007/978-3-642-32307-2_6

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