Heuristics as adaptive decision strategies in management

@inproceedings{Artinger2015HeuristicsAA,
  title={Heuristics as adaptive decision strategies in management},
  author={Florian Artinger and Malte Petersen and Gerd Gigerenzer and Juergen Weibler},
  year={2015}
}
Summary In the management literature, heuristics are often conceived of as a source of systematic error, whereas logic and statistics are regarded as the sine qua non of good decision making. Yet, this view can be incorrect for decisions made under uncertainty, as opposed to risk. Research on fast and frugal heuristics shows that simple heuristics can be successful in complex, uncertain environments and also when and why this is the case. This article describes the conceptual framework of… CONTINUE READING

Figures from this paper.

Citations

Publications citing this paper.
SHOWING 1-10 OF 25 CITATIONS

The Heuristics of Entrepreneurs

Andrea Makings, Brian Barnard
  • 2019
VIEW 4 EXCERPTS
CITES BACKGROUND
HIGHLY INFLUENCED

Heuristics in managerial decision making during company turnaround and uncertainty

VIEW 26 EXCERPTS
CITES BACKGROUND, RESULTS & METHODS
HIGHLY INFLUENCED

Are individual differences quantitative or qualitative? An integrated behavioral and fMRI MIMIC approach

Jacqueline N. Zadelaar, Wouter D. Weeda, Lourens J. Waldorp, Anna C. K. Van Duijvenvoorde, Hilde M. Huizenga
  • NeuroImage
  • 2019

References

Publications referenced by this paper.
SHOWING 1-10 OF 115 REFERENCES