Research on Decision-Making Behavior Test System for Top Management Team Based on Simulation Environment

Xue-ying Hong (), Zhu-chao Yu (), Zhu Wang and Yang Jiang
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Xue-ying Hong: Northeastern University of Business Administration
Zhu-chao Yu: Northeastern University of Business Administration
Zhu Wang: Northeastern University of Business Administration
Yang Jiang: Northeastern University of Business Administration

Chapter Chapter 161 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 1527-1534 from Springer

Abstract: Abstract The decision made by Top Management Team is fatally important for business operation. So, how to improve the quality and reliability of decision-making seems very necessary. Starting from the Prospect Theory of behavioral decision-making theory, this paper puts forward testing decision-making behaviors of Top Management Team, and analyzes the specific process and methods of decision-making. According to results of the decision-making behavior testing, the characteristics of Top Management Team can be obtained, and so as to provide reasonable foundation for evaluation and improvement of decision-making behaviors.

Keywords: Behavior testing; Decision-making behavior; Decision simulation; Top management team (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38391-5_161

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DOI: 10.1007/978-3-642-38391-5_161

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