Management-Decision-{
Rational D.M.: Logical, Consistent and maximize value
BoundedRational D.M.: "Good Enough" based on reality
Intuitive D.M.: on the basis of Experience, feelings and accumulated judgement.
} Decision Making
Intuitive D.M.:
Source: Based on L. A. Burke and M. K. Miller, “Taking the Mystery Out of Intuitive Decision Making,” Academy of Management Executive, October 1999, pp. 91–99.
https://www.jstor.org/stable/4165589
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