Article ID Journal Published Year Pages File Type
1016555 IIMB Management Review 2013 10 Pages PDF
Abstract

This paper provides a managerial overview of the topic of decision making under the broad area of executive functions. First a brief idea is provided about executive functions. Then, some pertinent definitions and theories of decision making are discussed. We then provide a brief overview of cognitive biases, systematic errors, and the use of heuristics in decision making. Some practical aspects are covered in the next section using the relevant aspects of both the science and art of executive decision making. We conclude with a few specific observations in this area.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Authors
,