Game theory is the study of how people interact and make decisions to handle competitive situations. It has mainly been developed to study decision making in complex situations. Humans routinely alter their behaviour in response to changes in their social and physical environment. As a consequence, the outcomes of decisions that depend on the behaviour of multiple decision makers are difficult ...

Globalization has inexorably affected the economies of many nations in both the developed and developing world. As a consequence, national boundaries are becoming less important to the large, multinational corporations who now operate on a global scale. Corporate global networks range from short term outsourcing contracts to long term investments in developing countries that offer low cost oper...

General Morphological Analysis (GMA), pioneered by Fritz Zwicky at the California Institute of Technology in the 1930s and 40s, was developed as a method for structuring and investigating the total set of relationships contained in multi-dimensional, non-quantifiable, problem complexes. During the past 15 years, GMA has been extended, computerized and applied in developing futures scenarios, st...

The practice of strategic management proves that when the management board is strongly limited in its capacity to take rational actions, specifically in the context of great decision complexity and uncertainty, it is good practice to refer to experience through reasoning by analogy. In this paper we would like to concentrate on supporting strategic decisions for SMEs in turbulent environments. ...

Decision making inside a company is usually performed by means of decision support tools at three different levels (strategic, tactical and operational) according to the working horizon. Unfortunately, the consequences of any decision at the strategic level are propagated to the tactical and even the operational levels. In order to support highly efficient flexibility while avoiding infrastruct...

With the proliferation of the data warehouses as supportive decision making tools, organizations are increasingly looking forward for a complete data warehouse success model that would manage the enormous amounts of growing data. It is therefore important to measure the success of these massive projects. While general IS success models have received great deals of attention, few research has be...

The make or buy decision is a strategic issue. When looking for finding out which components or products should be manufactured in house or externalized, questions about the required human and technical resources as well as costs of the externalization are to be answered. In the case of mobile manufacturing systems that are movable between various locations, long term strategic considerations m...

This paper reviews literature on communication between informed experts and uninformed decision makers. The research provides some insight into what constitutes a persuasive statement and under what conditions a decision maker will benefit from consulting an expert. I classify the literature along four dimensions: strategic, technological, institutional, and cultural. To the extent that decisio...

Program Master of Science in Business Administration Research questions what are the pros and cons of using intuition in the businesses from the strategic decision making approach, in a changing and complex business environment? Purposes To inform business people, especially managers and executives who are facing strategic decision making the benefits and risks of relying on intuition, therefor...

Generally, designers appear to solve some problems not by reasoning from the primitive components available in the design domain, but by adapting the design cases of previously encountered artifacts. This paper describes an application of case-based reasoning method to the development of an expert system for strategic decision making. Instead of maintaining only domain specific knowledge for de...