The Risk In-Basket: I. Studying Risky Decisions

The Risk In-Basket: I. Studying Risky Decisions

When experienced decision makers are presented with a choice between two alternatives, one risky and one relatively safe, which do they choose? Frequently the answer is neither. Consider, for instance, a top-level business executive faced with a threat by a union at a subsidiary company to go on str...

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Veröffentlicht in:The Journal of business (Chicago, Ill.) Ill.), 1984-07, Vol.57 (3), p.367
Hauptverfasser: MacCrimmon, Kenneth R, Wehrung, Donald A
Format: Artikel
Sprache:eng
Schlagworte:
Behavior
Data collection
Decision making
Decision theory
Personnel selection
Probability
Roles
Strikes
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Zusammenfassung:When experienced decision makers are presented with a choice between two alternatives, one risky and one relatively safe, which do they choose? Frequently the answer is neither. Consider, for instance, a top-level business executive faced with a threat by a union at a subsidiary company to go on strike unless a time-andmotion study is immediately discontinued.
ISSN:0021-9398
1537-5374