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A new instrument for the rational and intuitive decision-making styles - RIDMS

Author

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  • Markus A. Launer
  • Fatih Çetin

Abstract

Intuition is universally recognised as a prevalent decision-making approach across various research domains, encompassing intricate, interconnected, multi-faceted, and interdisciplinary concepts. An integrated framework that effectively combines and consolidates various approaches is currently missing when implementing intuitive decision-making. The main purpose of this paper is to develop a new and comprehensive measurement instrument embracing a variety of styles by using existing and new items in the literature. Data were collected via a convenience sampling method from employees (n = 212 for study 1 and n = 530 for study 2) working in different organisations in Germany. The explanatory and confirmatory factor analyses, internal consistencies, concurrent and predictive validities, and discriminant analysis were calculated for the validity and reliability of the measurement instrument. The findings indicate that the ten-dimensional decision-making style (RIDMS) serves as a valid and reliable measuring tool for assessing different individual preference tendencies in future studies.

Suggested Citation

  • Markus A. Launer & Fatih Çetin, 2025. "A new instrument for the rational and intuitive decision-making styles - RIDMS," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 29(11), pages 31-51.
    • Handle: RePEc:ids:ijecbr:v:29:y:2025:i:11:p:31-51
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