SAGE Reference - The SAGE Encyclopedia of Industrial and Organizational Psychology, 2nd edition

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Rational Decision Making Theory

By: Reeshad S. Dalal
In: The SAGE Encyclopedia of Industrial and Organizational Psychology, 2nd edition
Edited by: Steven G. Rogelberg
Subject:Organizational/Work/Occupational Psychology, Organizational Psychology, Occupational/Industrial Psychology
Keywords:decision making; expected utility; judgment and decision-making process; monetary value; rational choice; theories of decision making; utility

The so-called rational choice model of decision making does not reflect how people actually make decisions. It is nonetheless regarded as a good model for how people should make decisions, including organizationally ...

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  Dalal, R. (2017). Rational decision making theory. In S. Rogelberg (Ed.), The SAGE encyclopedia of industrial and organizational psychology, 2nd edition (pp. 1310-1311). SAGE Publications, Inc, https://dx.doi.org/10.4135/9781483386874.n450
  
  Dalal, Reeshad S. "Rational Decision Making Theory." In The SAGE Encyclopedia of Industrial and Organizational Psychology, 2nd edition, Second Editionedited by Rogelberg, Steven G., 1310-11. Thousand Oaks, CA: SAGE Publications, Inc, 2017. https://dx.doi.org/10.4135/9781483386874.n450.
  
  Dalal, R. 2017. Rational Decision Making Theory. In: Steven G. Rogelberg Editor, 2017. The SAGE Encyclopedia of Industrial and Organizational Psychology, 2nd edition, Second Edition edn, Thousand Oaks, CA: SAGE Publications, Inc. pp. 1310-1311 Available at: <https://dx.doi.org/10.4135/9781483386874.n450> [Accessed 24 Jun 2022].
  
  Dalal, Reeshad S. "Rational Decision Making Theory." The SAGE Encyclopedia of Industrial and Organizational Psychology, 2nd edition. Edited by Steven G. Rogelberg.Second Edition ed Thousand Oaks: SAGE Publications, Inc, 2017, pp. 1310-11. SAGE Knowledge. 24 Jun 2022, doi: https://dx.doi.org/10.4135/9781483386874.n450.
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