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An Exploratory Study Of The Role Of Values In Microeconomic Decision-Making And The Implications For Organizations And Leaders, Holly A. Bell

Doctor of Business Administration (DBA)

This research is designed to test the role reflecting on and sharing values plays in our individual decision-making schemas in a group. The research is based on evidence from the literature that values play a role in economic decision-making, can be formed and utilized either consciously or unconsciously, and impact microeconomic decision-making and ethics in organizations. The study found that when decision considerations were reframed in a values context the decision-making process became more quasi-rational, but the decisions participants made were as good or better than they were before values were introduced. In some cases decision-makers became less interested in …