Using simulations to investigate management decision making

Management researchers are always in search for new controlled environments from which they can gather data. This article proposes the use of total enterprise simulations as a research setting for studying management decision making. Using INTOP, the authors present examples of analyses that were conducted from a data base generated from the responses of executive MBA participants. Using a multiple regression, policy-capture approach, differences in the decision making strategies between groups are examined. Also discussed is an approach to developing a performance criterion that may be used when testing hypotheses regarding managerial decision-making effectiveness. The authorsconclude that total enterprise simulations represent a research setting that warrants further exploration. © 1990, SAGE Publications. All rights reserved.

3 citations (Crossref) [2023-10-31] Citation Key Alias: lens.org/037-367-418-569-979 tex.type: [object Object]