IDEAS home Printed from https://ideas.repec.org/a/eee/eurman/v39y2021i1p9-21.html
   My bibliography  Save this article

A journey around decision-making: Searching for the “big picture” across disciplines

Author

Listed:
  • Adinolfi, Paola

Abstract

This paper carries out an interdisciplinary literature review to develop an updated framework that integrates all aspects of decision-making. It proposes a framework that combines the evolutionary perspective with the complexity theory to integrate the ontological communalities between the examined disciplines (operational research, psychology and management). Decision-making is regarded as a systemic, multi-tiered information-based process, founded on the interaction of the decision-maker with the environment in a sort of learning path which co-evolves through variation–selection–retention mechanisms nourished by environmental feedback.

Suggested Citation

  • Adinolfi, Paola, 2021. "A journey around decision-making: Searching for the “big picture” across disciplines," European Management Journal, Elsevier, vol. 39(1), pages 9-21.
    • Handle: RePEc:eee:eurman:v:39:y:2021:i:1:p:9-21
    DOI: 10.1016/j.emj.2020.06.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0263237320300827
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.emj.2020.06.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ian I. Mitrofff & Frederick Betz, 1972. "Dialectical Decision Theory: A Meta-Theory of Decision-Making," Management Science, INFORMS, vol. 19(1), pages 11-24, September.
    2. repec:cup:judgdm:v:3:y:2008:i::p:215-228 is not listed on IDEAS
    3. Wilms, Rafael & Winnen, Lothar A. & Lanwehr, Ralf, 2019. "Top Managers' cognition facilitates organisational ambidexterity: The mediating role of cognitive processes," European Management Journal, Elsevier, vol. 37(5), pages 589-600.
    4. Khosravi, Pouria & Newton, Cameron & Rezvani, Azadeh, 2019. "Management innovation: A systematic review and meta-analysis of past decades of research," European Management Journal, Elsevier, vol. 37(6), pages 694-707.
    5. Wang, Zhan & McNally, Regina & Lenihan, Helena, 2019. "The role of social capital and culture on social decision-making constraints: A multilevel investigation," European Management Journal, Elsevier, vol. 37(2), pages 222-232.
    6. Forgas, Joseph P. & George, Jennifer M., 2001. "Affective Influences on Judgments and Behavior in Organizations: An Information Processing Perspective," Organizational Behavior and Human Decision Processes, Elsevier, vol. 86(1), pages 3-34, September.
    7. Jane E. Dutton & Liam Fahey & V. K. Narayanan, 1983. "Toward understanding strategic issue diagnosis," Strategic Management Journal, Wiley Blackwell, vol. 4(4), pages 307-323, October.
    8. Werner Ulrich, 1994. "Can We Secure Future-Responsive Management Through Systems Thinking and Design?," Interfaces, INFORMS, vol. 24(4), pages 26-37, August.
    9. repec:cup:judgdm:v:3:y:2008:i::p:278-291 is not listed on IDEAS
    10. Ann Langley & Henry Mintzberg & Patricia Pitcher & Elizabeth Posada & Jan Saint-Macary, 1995. "Opening up Decision Making: The View from the Black Stool," Organization Science, INFORMS, vol. 6(3), pages 260-279, June.
    11. Jean-François Coget & Christophe Haag & Donald E. Gibson, 2011. "Anger and fear in decision-making : The case of film directors on set," Post-Print hal-02312644, HAL.
    12. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    13. Andreas Glöckner & Tilmann Betsch, 2008. "Modeling Option and Strategy Choices with Connectionist Networks: Towards an Integrative Model of Automatic and Deliberate Decision Making," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2008_02, Max Planck Institute for Research on Collective Goods.
    14. Coget, Jean-Francois & Haag, Christophe & Gibson, Donald E., 2011. "Anger and fear in decision-making: The case of film directors on set," European Management Journal, Elsevier, vol. 29(6), pages 476-490.
    15. Caniëls, Marjolein C.J., 2019. "Proactivity and supervisor support in creative process engagement," European Management Journal, Elsevier, vol. 37(2), pages 188-197.
    16. Daniel Hjorth & Bengt Johannisson, 2009. "Learning as an Entrepreneurial Process," Revue de l'Entrepreneuriat, De Boeck Université, vol. 8(2), pages 57-78.
    17. Smith, GF, 1989. "Managerial problem identification," Omega, Elsevier, vol. 17(1), pages 27-36.
    18. Robert Chia & Ajit Nayak, 2012. "Décisions dramatiques ou incisions imperceptibles ?. Vers une théorie de la prise de décisionen devenir," Revue française de gestion, Lavoisier, vol. 0(6), pages 147-166.
    19. Cristofaro, Matteo, 2019. "The role of affect in management decisions: A systematic review," European Management Journal, Elsevier, vol. 37(1), pages 6-17.
    20. Nonaka, Ikujiro & Kodama, Mitsuru & Hirose, Ayano & Kohlbacher, Florian, 2014. "Dynamic fractal organizations for promoting knowledge-based transformation – A new paradigm for organizational theory," European Management Journal, Elsevier, vol. 32(1), pages 137-146.
    21. Abatecola, Gianpaolo, 2014. "Research in organizational evolution. What comes next?," European Management Journal, Elsevier, vol. 32(3), pages 434-443.
    22. Robert C. Blattberg & Stephen J. Hoch, 1990. "Database Models and Managerial Intuition: 50% Model + 50% Manager," Management Science, INFORMS, vol. 36(8), pages 887-899, August.
    23. David Matthews, 2008. "Metadecision making: rehabilitating interdisciplinarity in the decision sciences," Systems Research and Behavioral Science, Wiley Blackwell, vol. 25(2), pages 157-179, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vincenzo Basile & Francesca Loia & Nunzia Capobianco & Roberto Vona, 2023. "An ecosystems perspective on the reconversion of offshore platforms: Towards a multi‐level governance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1615-1631, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cristofaro, Matteo, 2020. "“I feel and think, therefore I am”: An Affect-Cognitive Theory of management decisions," European Management Journal, Elsevier, vol. 38(2), pages 344-355.
    2. Cristofaro, Matteo, 2019. "The role of affect in management decisions: A systematic review," European Management Journal, Elsevier, vol. 37(1), pages 6-17.
    3. C. Grace Haaf & Devansh Singh & Cinny Lin & Scofield Zou, 2021. "Rational AI: A comparison of human and AI responses to triggers of economic irrationality in poker," Papers 2111.07295, arXiv.org.
    4. Richard J. Arend, 2020. "Strategic decision-making under ambiguity: a new problem space and a proposed optimization approach," Business Research, Springer;German Academic Association for Business Research, vol. 13(3), pages 1231-1251, November.
    5. repec:cup:judgdm:v:16:y:2021:i:6:p:1324-1369 is not listed on IDEAS
    6. Dhami, Mandeep K. & Thomson, Mary E., 2012. "On the relevance of Cognitive Continuum Theory and quasirationality for understanding management judgment and decision making," European Management Journal, Elsevier, vol. 30(4), pages 316-326.
    7. Stroh, Tim & Mention, Anne-Laure & Duff, Cameron, 2023. "The impact of evolved psychological mechanisms on innovation and adoption: A systematic literature review," Technovation, Elsevier, vol. 125(C).
    8. Fabrice L. Cavarretta & Sean T Hannah & Ronald F Piccolo & Mary Uhl-Bien, 2015. "Leadership beyond the Tipping Point: toward the Discovery of Inversions and Complementary Hypotheses," Working Papers hal-01214027, HAL.
    9. Marleen McCormick & Stephanie A. Fernhaber, 2018. "Are growth expectations being met? Implications for the internationalization of micro-sized ventures," Small Business Economics, Springer, vol. 50(3), pages 591-605, March.
    10. repec:cup:judgdm:v:13:y:2018:i:1:p:1-22 is not listed on IDEAS
    11. Stewart, Thomas R. & Roebber, Paul J. & Bosart, Lance F., 1997. "The Importance of the Task in Analyzing Expert Judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 69(3), pages 205-219, March.
    12. Glöckner, Andreas & Betsch, Tilmann, 2008. "Do people make decisions under risk based on ignorance? An empirical test of the priority heuristic against cumulative prospect theory," Organizational Behavior and Human Decision Processes, Elsevier, vol. 107(1), pages 75-95, September.
    13. Sapulete, Saraï & van Witteloostuijn, Arjen & Kaufmann, Wesley, 2014. "An experimental study into the influence of works council advice on managerial decision-making," Scandinavian Journal of Management, Elsevier, vol. 30(3), pages 358-371.
    14. repec:cup:judgdm:v:6:y:2011:i:8:p:711-721 is not listed on IDEAS
    15. Enrico Fontana & Muhammad Atif & Ammar Ali Gull, 2021. "Corporate social responsibility decisions in apparel supply chains: The role of negative emotions in Bangladesh and Pakistan," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(6), pages 1700-1714, November.
    16. Nguyen, Y. & Noussair, C.N., 2013. "Risk Aversion and Emotions," Other publications TiSEM 301ffce6-a78a-47fe-a375-e, Tilburg University, School of Economics and Management.
    17. Pieterse, Arwen H. & de Vries, Marieke & Kunneman, Marleen & Stiggelbout, Anne M. & Feldman-Stewart, Deb, 2013. "Theory-informed design of values clarification methods: A cognitive psychological perspective on patient health-related decision making," Social Science & Medicine, Elsevier, vol. 77(C), pages 156-163.
    18. Mandeep K. Dhami & Jeryl L. Mumpower, 2018. "Kenneth R. Hammond’s contributions to the study of judgment and decision making," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 13(1), pages 1-22, January.
    19. Jonathan Parke & Adrian Parke, 2013. "Does Size Really Matter? A Review Of The Role Of Stake And Prize Levels In Relation To Gambling-Related Harm," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 7(3), pages 77-110.
    20. Andreas Glöckner & Janet Kleber & Stephan Tontrup & Stefan Bechtold, 2009. "The Endowment Effect in Groups with and without Strategic Incentives," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2009_35, Max Planck Institute for Research on Collective Goods.
    21. Ballinger, Gary A. & Lehman, David W. & Schoorman, F. David, 2010. "Leader-member exchange and turnover before and after succession events," Organizational Behavior and Human Decision Processes, Elsevier, vol. 113(1), pages 25-36, September.
    22. Fanjuan Shi & Jean-Luc Marini, 2014. "Do we need to believe Data/Tangible or Emotional/Intuition?," Post-Print halshs-01065283, HAL.
    23. Dorthe Døjbak Håkonsson & Jacob Kjær Eskildsen & Linda Argote & Dan Mønster & Richard M. Burton & Børge Obel, 2016. "Exploration versus exploitation: Emotions and performance as antecedents and consequences of team decisions," Strategic Management Journal, Wiley Blackwell, vol. 37(6), pages 985-1001, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eurman:v:39:y:2021:i:1:p:9-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.