Managerial Decision Making - Forrest, Jeffrey Yi-Lin;Nicholls, Jeananne;Schimmel, Kurt
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This book develops a general theory of managerial decision making on the basis of a few elementary postulates. It employs logic as the method of reasoning, systems science in general and the systemic YoYo Model in particular, as the intuitive playground. By doing so, the authors take individually background-based guesswork out of processes of decision making. All established conclusions are expected to be generally employable in real-life applications. At the same time, the book is user friendly to a wide range of audience, coincides with people's intuition, and provides applicable results and insights for practical purposes.…mehr

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Produktbeschreibung
This book develops a general theory of managerial decision making on the basis of a few elementary postulates. It employs logic as the method of reasoning, systems science in general and the systemic YoYo Model in particular, as the intuitive playground. By doing so, the authors take individually background-based guesswork out of processes of decision making. All established conclusions are expected to be generally employable in real-life applications. At the same time, the book is user friendly to a wide range of audience, coincides with people's intuition, and provides applicable results and insights for practical purposes.
Autorenporträt
Jeffrey Yi-Lin Forrest (aka Yi Lin) earned his PhD degree in mathematics from Auburn University, Alabama; and served as a visiting professor of economics, finance, mathematics, and systems science at several major universities from various countries. Currently, he is a professor of mathematics and the research coach for the School of Business at Slippery Rock University of Pennsylvania. Other than heading the International Institute for General Systems Studies, he served or serves on the editorial boards of thirteen scholarly journals, as a co-editor-in-chief of the international journal "Advances in Systems Science and Application," the editor- or co-editor-in-chief of four book series, "Grey System (Springer)," "Systems Evaluation, Prediction, and Decision-Making (CRC Press, New York)," "Communications in Cybernetics, Systems Science and Engineering," and "Communications in Cybernetics, Systems Science and Engineering - Proceedings (CRC Press, Balkema)." As of today, he publishedover 500 research works, including over 50 authored or edited volumes.