Wissenschaftliche Literatur Decision-Making

Annegret Kühne

Entscheidungsunterstützung für multikriterielle Investitionsentscheidungen am Beispiel einer Kraftwerksinvestition

QM – Quantitative Methoden in Forschung und Praxis

Die Auswahl einer oder mehrerer Investitionsalternativen stellt für zahlreiche Unternehmen einen relevanten wiederkehrenden Entscheidungstatbestand dar. Investitionen tragen dazu bei, den Fortbestand eines Unternehmens sicherzustellen. Der Festlegung einer für das Treffen solcher Entscheidungen geeigneten Vorgehensweise kommt somit eine wichtige Bedeutung zu. Oftmals sind Investitionsentscheidungen darauf ausgerichtet, mehrere Ziele zu erfüllen. So änderten sich für…

Lihua Jiang

How Far Can a Community Interpreter Go?

Discourse Interpreting Filters

TRANSLATOLOGIE – Studien zur Übersetzungswissenschaft

While conference interpreting has developed as a fairly well-established discipline in terms of concepts and methods, interpreter-mediated interpreting, so-called community interpreting is still a neglected research topic despite its growing importance and recognition. Sociological communication problems associated with the interpreter’s presence and actions have come into the focus of discussion, leading to such opposing views of the interpreter as a verbatim’ reproducer…

Christian Hermelingmeier

Decisions under Imperfect Information

The Ordering of Information Structures and Production under Endogenous Uncertainty

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

Almost all economic activity takes place under uncertainty. The randomness may, for instance, relate to risky stock market returns, fluctuating exchange rates or uncertain product innovations. The major source of uncertainty in decision making is the limited and imperfect knowledge of the decision maker at that given point in time. The exposure to uncertainty depends therefore inherently on the available information about the distribution of the existing risks. In…

Thomas H. Lenhard

A Possible Evolution from the Decision Support System to the Solution System for Business Usage

Strategisches Management

For years there have not been really innovative or revolutionary ideas in the field of business intelligence. Therefore the author of this study asks the question: „If the computer delivers the information which is needed by the humans to make decisions, then why can’t the computer make the decision by itself? By comprehensible examples it is shown how we can do one step beyond common data warehouse and mining systems. Giving practical examples, the author explains…

Graciela Küchle

Counterfactuals, Rationality and Equilibrium Concepts in Game Theory

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

Strategic decision making involves deliberating about the consequences of every available course of action. This in turn, requires hypothesizing about the beliefs of the other players and their possible reactions to observed play. Unless individuals have previous experience with similar games or players, they will have to resort to their own assessment and reasoning in order to justify their strategies.

Decisions that arise out of introspection are full of…

Niklas Lampenius

Decision Making in Financial Markets

Development and Validation of a Behavioral Model Utilizing a Multi-Agent-Multi-Period Stock Market Simulation

Finanzmanagement

This work extends the discussion on artificial markets research using a novel approach to model decision making in financial markets. The topic is motivated through a thorough overview on economic and behavioral decision making as well as a review of the stock market simulation literature. A decision making model including various behavioral components is thereafter presented and the model is validated utilizing a multi-agent-multi-period stock market simulation. The…

Samuel Grossenbacher

Inside the Mind of Decision Makers

Antecedents and Consequences of Managers‘ Mental Models

Schriftenreihe innovative betriebswirtschaftliche Forschung und Praxis

Managers apply simplified representations of reality to make sense of their complex environment. These so called mental models influence decision-making and performance in organizations. In this study, the author discusses the theoretical foundations of mental models. Furthermore, a literature review of antecedents and consequences of individual managers’ mental models is provided. The literature review and the findings of three empirical studies shed light on the…

Christine Vallaster

Strategic Decision Making by Multicultural Groups

Schriftenreihe innovative betriebswirtschaftliche Forschung und Praxis

In der Praxis werden multikulturell zusammengesetzte Teams zunehmend mit strategischen Entscheidungen beauftragt. Es wird vielfach darauf hingewiesen, dass eine multikulturelle Arbeitsgruppe potentielle Wettbewerbsvorteile aufweisen kann. Trotzdem sind Unterschiede im Wahrnehmen, Denken und Handeln von Leuten mit verschiedenem kulturellen Hintergrund oftmals so stark, dass ein erfolgreiches Zusammenarbeiten unmöglich wird. Um erfolgreich zusammenarbeiten zu können, gilt…