Neuro-Underpinnings in Managerial Decision Modeling
5 Pages Posted: 1 Aug 2015
Date Written: July 31, 2015
How are decisions carried out in brain? Question is how manager make decisions. Brain considers sources of information before decision. In particular, the processes by which individuals reach decisions have been ignored. Problems confronting decision makers often embody conflicting values. Manager often fail to design ‘rational’ decisions. When faced with obscure decision, individuals engage in strategic simplifications of decision problems. How do parts of the brain that govern decision-making coordinate their activity when making a decision? This paper explores certain neuro-underpinnings in managerial decision modeling.
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