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Afr. J. Bus. Manage.


 Vol. 4 No. 8



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Neisiani AA


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African Journal of Business Management Vol. 4(8), pp. 1652-1653, 18 July 2010     

ISSN 1993-8233 ©2010 Academic Journals

 

 

Short Communication

 

Anti-rational decision making

 

Ali Abdollahi Neisiani

 

College of Management, Imam Sadiq University (a.s), Chamran Highway, Tehran, Iran. E-mail: a.abdollahi@isu.ac.ir. Tel: (+98) 9127478533. Fax: (+98) 2188080733.

 

Accepted 19 April, 2010

 

 Abstract

 

In this research, the situations of university entrance examinations simulate the conditions of decision-making behavior. Based on the analysis of the above information that is empowered by a series of interviews, a new idea about the behavior of human beings in decision-making is developed. "Antirational decision making" expresses that the limitation of rationality could lead to decisions which have worse results than random decisions or even inaction. Antirational decision-making in fact is based on a "logical fallacy” that is accepted (and sometimes believed) by individuals. Special properties of entrance examinations prepare acceptable validity and reliability for our survey.

 

Key words: Antirational decision making, bounded rationality, rational decision making.

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