A Contingency Model for the Selection of Decision Strategies

Authors
Beach, Lee Roy Mitchell, Terence R.
Citation
Beach, Lee Roy et R. Mitchell, Terence, A Contingency Model for the Selection of Decision Strategies, Academy of Management review , 3(3), 1978, pp. 439-449
Journal title
Academy of Management review → ACNP
ISSN journal
03637425
Volume
3
Issue
3
Year of publication
1978
Pages
439 - 449
Database
ACNP
SICI code
Abstract
A model hypothesizes why decision makers choose different decision strategies in dealing with different decision problems. Given the motivation to choose the strategy which requires the least investment for a satisfactory solution, the choice of strategy should depend upon the type of problem, the surrounding environment, and the personal characteristics of the decision maker.