Biases in the Decision-Making Process and Possibilities of Overcoming Them

Starting from the normative approach, a decision as the outcome of the decision-making process should represent a rational choice made by a completely informed decision-maker. With the development of the behavioral perspective of the decision-making process, certain mistakes in decision-makers’ beha...

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Bibliographic Details
Main Author: Jelena Nikolic
Format: Article
Language:English
Published: University of Kragujevac 2018-04-01
Series:Economic Horizons
Subjects:
Online Access:http://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2018_1/EH_2018_1_en_Nikolic.pdf