Data Quality, Power, And Politics: Analysis Of Strategic Decision Making

Most decision makers have biases that are inherent the way they seek information, estimate the outcomes, and attach values to outcomes that produce rational behavior. Many aspects of decision-making may not be accurate because of information processing limitations, power and politics. This paper pre...

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Bibliographic Details
Published inThe international business & economics research journal Vol. 1; no. 7
Main Authors Nyaboga, Andrew B., Mwaura, Muroki F.
Format Journal Article
LanguageEnglish
Published 02.03.2011
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Summary:Most decision makers have biases that are inherent the way they seek information, estimate the outcomes, and attach values to outcomes that produce rational behavior. Many aspects of decision-making may not be accurate because of information processing limitations, power and politics. This paper presents a set of ideas, models, and limitations caused by biases of a decision maker when sorting information.
ISSN:1535-0754
2157-9393
DOI:10.19030/iber.v1i7.3960