PPT-Judgment in Managerial Decision Making 8e

Chapter 8 Fairness and Ethics in Decision Making Copyright 2013 John Wiley amp Sons Accepting a Job Offer You are graduating from a good MBA program Subsequent to your discussions with a number of firms one of your preferred companies makes you an offer of 110000 a year stressing that the amount is not negotiable You like the people You like the job You like the location However you find out that the same company is offering 120000 to some graduating MBAs from similarquality schools . Sarah Lennon. Inclusion Ireland. Overview. The current situation in Ireland. Context for Change. Typical Case Studies. The Future. Currently in Ireland. Status Approach to Capacity. Decision that someone ‘lacks capacity’. Chapter 4. Bounded Awareness. Copyright 2013 John Wiley & Sons. Problem 1: Role-Playing Exercise. S. ix . people . are randomly . assigned to the roles A, B, C, D, E, and F. A . is randomly . selected and given $60 to allot among A, B, C, D, E, and F. The amounts given to B, C, D, E, and F must be equal, but this amount may be different from the amount that A allocates to A (herself/himself). B, C, D, E, and F will be asked to specify the minimum amount that they would accept. If the amount offered by A to each of B, C, D, E, and F is equal to or greater than the largest amount specified by B, C, D, E, or F, the $60 will be divided as specified by A. If, however, any of the amounts specified by B, C, D, E, and F are larger than the amount offered by A, all six parties will receive $0. . Chapter . 11. Negotiator Cognition. Copyright 2013 John Wiley & Sons. Common Mistakes of Negotiators. The fixed pie myth. Framing of negotiator judgment. Escalation of conflict. Overestimating your value. 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. 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. Chapter 2. Overconfidence. Copyright 2013 John Wiley & Sons. Write Your 98% Confidence Intervals. Point Estimate. Lower Estimate. Upper Estimate. Wal-Mart’s 2010 revenue. Google’s 2010 revenue. Chapter 1. Introduction . to Managerial Decision Making. Copyright 2013 John Wiley & Sons. The Anatomy of Decisions. Judgments involve cognition.. Common decision situations:. How to select a post-MBA job?. Chapter . 8. Fairness and Ethics in Decision Making. Copyright 2013 John Wiley & Sons. Accepting a Job Offer. You are graduating from a good MBA program. Subsequent to your discussions with a number of firms, one of your preferred companies makes you an offer of $110,000 a year, stressing that the amount is not negotiable. You like the people. You like the job. You like the location. However, you find out that the same company is offering $120,000 to some graduating MBAs from similar-quality schools. . 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. 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. Psychology 466: Judgment & Decision Making . Instructor: John Miyamoto. 09/28/2017: Lecture 01-2. Note: This . Powerpoint. presentation . may contain . macros that I wrote to help me create the slides. . 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 . Chapter 1 Decision Support and Business Intelligence. Organization works in a dynamic environment. . . change continuously & rapidly. more & more complex.