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Group decisions – analysis of behavior

Author

Listed:
  • Kamen Kamenov

Abstract

The behavior of individuals in developing and making group decisions is analyzed in this study. Behaviour options are identified, taking into account different motivating factors, pointing out the advantages and disadvantages of group decisions. Situations are highlighted, where group decisions are appropriate and others, in which they just legitimize a decision, that has already been taken by members of the group.

Suggested Citation

  • Kamen Kamenov, 2016. "Group decisions – analysis of behavior," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 3-13,14-22.
    • Handle: RePEc:bas:econth:y:2016:i:1:p:3-13,14-22
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    Cited by:

    1. Edyta Ropuszyńska-Surma & Magdalena Węglarz & Janusz Szwabiński, 2018. "Energy prosumers. Profiling the energy microgeneration market in Lower Silesia, Poland," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 28(1), pages 75-94.

    More about this item

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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