African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4194

Short Communication

Anti-rational decision making

  Ali Abdollahi Neisiani    
College of Management, Imam Sadiq University (a.s), Chamran Highway, Tehran, Iran. 
Email: [email protected]

  •  Accepted: 19 April 2010
  •  Published: 31 July 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.