PPT-Judgment in Managerial Decision Making 8e

Chapter 11 Negotiator Cognition Copyright 2013 John Wiley amp Sons Common Mistakes of Negotiators The fixed pie myth Framing of negotiator judgment Escalation of conflict Overestimating your value. ECON 6313. Managerial Economics. Fall semester, . 2009. Professor . Chris Brown. Outline. What is managerial economics and why should you study it?. Examples of managerial decisions. Six steps to decision making. SYSTEMS. Decision Support Software. Reasons for the growth of decision-making information systems. People need to analyze large amounts of information. People must make decisions quickly. People must apply sophisticated analysis techniques, such as modeling and forecasting, to make good decisions. Psychology of Personal Decision-Making. Agenda. Balanced Judgment. Recognition. Limited Capacity. Tools. External Memory. Lists. Decision Tables/Trees. De-cluttering. Priming. Heuristics. Decomposition. Chapter . 10. Making Rational Decisions in Negotiations. Copyright 2013 John Wiley & Sons. Game Theoretic Approaches. Provides precise prescriptive advice. Relies on describing all outcomes. Assumes all parties are rational. UNIT – I. 1. . DEFINING THE MANAGERIAL JOB. 1.1. Descriptive Dimensions of Managerial Jobs . 1.2. Methods . 1.3. Model . 1.4. Time Dimensions in Managerial Jobs . 1.5. Effective and Ineffective Job behavior . Chapter . 12. Improving Decision Making. Copyright 2013 John Wiley & Sons. Strategies for Better Decisions. Use decision-analysis tools. Acquire expertise. Debias. your judgment. Reason analogically. Have you ever been so involved in watching a movie that you react emotionally or feel a part of the action?. If so, then you have been deeply involved with a work of art.. After you see a new movie or TV program you might recommend it to a friend or tell them not to waste their time. You are judging the show and making decisions about why it was a failure or success. . Prologue. Financial and Managerial Accounting: Seven Key Differences. Work of Management. . Planning. Decision . Making. Controlling. Planning. Establish Goals. Specify How Goals . Will Be Achieved. Lauren . Reinerman. -Jones, Grace . Teo. , and . Avonie. Parchment. “Why do leaders fail? They make poor choices that lead to bad decisions. And in some cases they compound bad decision upon bad decision. You cannot separate leadership from . Disclosures:. Narayanaswami . P. (PI) . AHRQ . Grant Number: 1R18HS022004-01. AAN: . Guidelines Development, Dissemination and Implementation subcommittee and Practice Committee. Allergan: . Speakers bureau, advisory board, and injector training. Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. Introduction to Managerial Economics . Session . 01. Dr. . Sumudu. . Perera. Nature . and scope of Managerial Economics. Goals . and Constraints of business organizations. The . Theory of the firm. The . Week -1. Prepared by: Dr . Waqar. Ahmad, . Asstt. . Prof.. Learning Objectives. What is Economics?. What is managerial Economics?. To analyze the concept of economics- scarcity and efficiency?. Micro Economics and macro economics?. Chapter 4. 2. Managerial Decision Making. Decision making is not easy. It must be done amid . ever-changing factors . unclear information . conflicting points of view. 3. Definition : Decision . Making.