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Information processing in managerial decision making: A preliminary study


  • San Miguel, Joseph G


This paper reports the preliminary findings of an exploratory investigation into information processing in a managerial context. The vehicle for testing several research objectives was a laboratory decision-making experiment in which subjects purchased information items and evaluated a set of organizational goals. The methodology included multidimensional statistical methods that hold promise for dealing with the complexity of problems in implementing managerial decision models. Within a specific information-decision scenario, the statistical evidence favorably supports the existence of individual differences in information perception and information selection, and the use of goal preference hierarchies as predictors of information preferences.

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  • San Miguel, Joseph G, 1976. "Information processing in managerial decision making: A preliminary study," Omega, Elsevier, vol. 4(5), pages 577-582.
  • Handle: RePEc:eee:jomega:v:4:y:1976:i:5:p:577-582

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    References listed on IDEAS

    1. Richard Ehrhardt, 1979. "The Power Approximation for Computing (s, S) Inventory Policies," Management Science, INFORMS, vol. 25(8), pages 777-786, August.
    2. Richard Ehrhardt & Charles Mosier, 1984. "A Revision of the Power Approximation for Computing (s, S) Policies," Management Science, INFORMS, vol. 30(5), pages 618-622, May.
    3. Arthur F. Veinott, Jr. & Harvey M. Wagner, 1965. "Computing Optimal (s, S) Inventory Policies," Management Science, INFORMS, vol. 11(5), pages 525-552, March.
    4. Eliezer Naddor, 1975. "Optimal and Heuristic Decisions in Single-and Multi-Item Inventory Systems," Management Science, INFORMS, vol. 21(11), pages 1234-1249, July.
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