do individuals and groups make decisions? How do they perceive
"Make up your mind!" is sometimes said in exasperation.
Some people may seem indecisive or inconsistent. They may avoid
making decisions as long as possible. The same reluctance to make
decisions also happens in organizations or institutions.
On the other hand, some people and groups may be accused of "leaping
to conclusions" or making a decision "without considering all
the facts." This implies that decisions should be made by
collecting and weighing various elements in a rational way.
Just how do people and organizations make decisions?
This is a crucial question for individuals and societies. Researchers
use scientific approaches and methods -- such as experiments
and models of the process -- to improve our understanding of various
elements of decision making, such as how people make judgments.
Researchers have discovered a great deal about what
people consider risky and why they decide to take (or not take) various
risks. Studies of public policy and managerial decision-making
can provide useful information to policy makers and leaders.
How Do Social Institutions