The influencing factors on decision making, however, are rated very different. This study aims to answer where the similarities and differences within the decision making approaches are and what influence intuition and emotions have.
Table of Contents
- 1. Introduction
- 1.1. Problem Statement
- 1.2. Objectives and Structure
- 2. Decision Making
- 2.1. Disambiguation
- 2.2. Historical Classification
- 2.2.1. Chronological Development
- 2.2.2. Content Development
- 2.3. Meaning of Heuristics
- 2.4. Impact and Compensation of Biases and Information
- 2.5. Behavioral Economics, Decision Theory and Evaluation of Decisions
- 3. Neurological Insights
- 3.1. Human Nervous System
- 3.2. Limbic System
- 3.3. Neurological Localization of Decision Making
- 4. Emotions
- 4.1. Demarcation of Feelings
- 4.2. Disambiguation of Emotion
- 4.3. Influence on Decision Making
- 5. Meaning of Motivation in a Decision Making Context
- 6. Intuition
- 6.1. Disambiguation
- 6.2. Neurological Localization of Intuition
- 6.3. Explanatory Approaches and Models
- 6.3.1. Experiential Knowledge
- 6.3.2. Subliminal Perception
- 6.3.3. Somatic Marker, Embodiment and Focusing
- 6.3.4. Affect-Logic
- 6.3.5. Mirror Neurons and Empathy
- 6.3.6. Enteric Nervous System
- 6.4. Influence on Decision Making
- 6.5. Limitations and Risks
- 7. Effects and Exceptions in Decision Making
- 7.1. Genetic Influences
- 7.2. Group Decisions
- 7.3. Social Explorer Approach
- 7.4. Authenticity in Decisions
- 7.5. Sudden Inspirations and Problem-Solving Skills
Objectives and Key Themes
This study aims to analyze the similarities and differences in approaches to decision-making, focusing on the influence of intuition and emotions. It explores the various factors influencing decision-making processes within a complex and ever-changing environment. * The impact of heuristics and biases on decision-making. * The neurological basis of decision-making, including the roles of the limbic system and other brain regions. * The interplay between emotions, motivation, and decision-making processes. * The nature of intuition, its explanatory models, and its influence on decision-making. * The effects of various factors such as genetic predispositions, group dynamics, and social contexts on decision-making outcomes.Chapter Summaries
1. Introduction: This introductory chapter sets the stage by highlighting the prevalent issue of indecisiveness, especially among leaders. It underscores the challenges posed by the increasing complexity and rapid change in organizational environments, referencing the VUCA model and the need for a new economics of decision-making. The chapter then outlines the study's objectives: to identify similarities and differences in decision-making approaches and to explore the influence of intuition and emotions on this process. The structure of the study is also presented, mapping out the subsequent chapters.
2. Decision Making: This chapter provides a comprehensive overview of decision-making processes. It begins by clarifying the term "decision-making" itself and then delves into its historical classification, both chronologically and thematically. Significant attention is given to heuristics, biases, and the frameworks of behavioral economics and decision theory. The chapter aims to establish a foundational understanding of the different elements involved in the decision-making process.
3. Neurological Insights: This chapter focuses on the neurological underpinnings of decision-making. It explores the human nervous system, the crucial role of the limbic system, and attempts to pinpoint the anatomical regions in the brain that are most involved in this complex cognitive process. This section provides a biological perspective to complement the behavioral and economic analysis found in previous chapters.
4. Emotions: This chapter delves into the impact of emotions on decision-making. It begins by differentiating between emotions and feelings, followed by an examination of the specific influence of emotions on the decision-making process. The chapter aims to illustrate how emotional states can significantly affect choices and actions.
5. Meaning of Motivation in a Decision Making Context: This chapter explores the intricate relationship between motivation and decision-making. It investigates how different motivational factors shape and influence choices and actions.
6. Intuition: This chapter offers a detailed exploration of intuition. It starts by providing a clear definition of intuition, then moves on to examining its neurological basis. The chapter presents multiple theoretical frameworks explaining intuition, such as experiential knowledge, subliminal perception, the somatic marker hypothesis, affect-logic, the role of mirror neurons, and the influence of the enteric nervous system. Finally, it evaluates the influence of intuition on decision-making, including its limitations and potential risks.
7. Effects and Exceptions in Decision Making: This chapter investigates several special circumstances influencing decision-making. It considers the role of genetics, the dynamics of group decision-making, the application of a social explorer approach, the importance of authenticity in decision-making, and the phenomenon of sudden inspirations in problem-solving. The chapter aims to provide a broader perspective on the many factors influencing decisions beyond the initial core topics.
Keywords
Decision making, intuition, emotions, heuristics, biases, neurological insights, limbic system, motivation, behavioral economics, complexity, VUCA, cognitive processes, risk assessment.
Frequently Asked Questions: A Comprehensive Language Preview on Decision Making
What is the main topic of this study?
This study comprehensively analyzes decision-making processes, focusing on the interplay between intuition, emotions, and various influencing factors such as heuristics, biases, neurological aspects, and motivational drivers. It explores similarities and differences in decision-making approaches within complex and dynamic environments.
What are the key themes explored in this study?
The key themes include the impact of heuristics and biases, the neurological basis of decision-making (particularly the role of the limbic system), the interplay between emotions, motivation, and decision-making, the nature and influence of intuition, and the effects of genetic predispositions, group dynamics, and social contexts on decision-making outcomes.
What is the structure of the study?
The study is structured into seven chapters. Chapter 1 introduces the problem statement and objectives. Chapter 2 provides a foundational overview of decision-making. Chapter 3 delves into the neurological underpinnings. Chapter 4 examines the influence of emotions. Chapter 5 explores the role of motivation. Chapter 6 offers a detailed analysis of intuition, including its neurological basis and various theoretical models. Finally, Chapter 7 investigates special circumstances affecting decision-making, such as group dynamics and genetic influences.
What are the key findings or arguments presented?
The study aims to identify similarities and differences in decision-making approaches and to illuminate the significant influence of both intuition and emotions on the decision-making process. It emphasizes the complexity of decision-making by exploring the various interacting factors, including neurological, psychological, and social influences.
What is the significance of the VUCA model in this context?
The VUCA model (Volatility, Uncertainty, Complexity, Ambiguity) is referenced in the introduction to highlight the challenges of decision-making in increasingly complex and rapidly changing organizational environments. It underscores the need for new approaches and understanding in the economics of decision-making.
How does the study define and approach the concept of intuition?
The study defines and explores intuition extensively, investigating its neurological basis, various explanatory models (such as experiential knowledge, subliminal perception, somatic marker hypothesis, affect-logic, mirror neurons, and the enteric nervous system), its influence on decision-making, and its limitations and risks.
What are the limitations and risks associated with intuition?
While the study acknowledges the valuable role of intuition in decision-making, it also addresses potential limitations and risks. These are discussed in the chapter dedicated to intuition and highlight the need for critical evaluation and awareness of biases when relying on intuition.
What specific neurological aspects are discussed?
The study explores the human nervous system, the critical role of the limbic system in emotion processing and decision-making, and attempts to identify the specific brain regions involved in this complex cognitive function. This provides a biological perspective to complement the behavioral and economic analyses.
How does the study address the influence of emotions on decision-making?
The study carefully distinguishes between emotions and feelings and analyzes the specific impact of different emotions on decision-making processes. It demonstrates how emotional states significantly affect choices and actions.
What role do group dynamics and social contexts play in decision-making, according to the study?
The study examines the complexities of group decision-making and the influence of social contexts. It also explores the "social explorer approach" and the importance of authenticity in decision-making, illustrating how social factors can significantly shape decision outcomes.
What are the key words associated with this study?
Key words include decision-making, intuition, emotions, heuristics, biases, neurological insights, limbic system, motivation, behavioral economics, complexity, VUCA, cognitive processes, and risk assessment.
- Arbeit zitieren
- Sebastian Dürbeck (Autor:in), 2016, The influence of intuition and emotions on decision making, München, GRIN Verlag, https://www.grin.com/document/358978
