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Demystifying Intuitional and Rational Decision-Marking: Symmetrical and Asymmetrical Analysis

Title: Demystifying Intuitional and Rational Decision-Marking: Symmetrical and Asymmetrical Analysis
Authors: Mi, Lili; Prentice, Catherine; Taskin, Nazim; Pauleen, David
Publisher Information: SAGE Publications Ltd
Publication Year: 2024
Collection: University of Southern Queensland: USQ ePrints
Subject Terms: CEST; intuition; rationality; strategic decision making; SEM; fsQCA
Description: Effective decision-marking in the dynamic business environment is key to business performance. The relationship between intuition and rationality in decision-making has long been discussed in the relevant literature, albeit with discrepant views and inconsistent findings. Drawing on cognitive experiential self-theory (CEST), this paper examines an integrated model of antecedents and decision outcomes of intuition and rationality and how intuition and rationality in different scenarios interplay to influence decision outcomes. The study was undertaken in Australia and New Zealand. Both symmetrical (structural equation modeling or SEM) and asymmetrical (fuzzy-set qualitative comparative analysis or fsQCA) methods were employed to capitalize on a holistic understanding of the proposed relationships. The findings show that the fsQCA testing presents more insightful information about how different levels of factors inform intuitive and/or rational decision making and outcomes, and how it relates to SEM findings. This paper provides a novel perspective on the strategic decision-making process by integrating various decision-making situations and by deploying fuzzy or configurational and linear or symmetrical methods. The results also have implications for the relevant practitioners to consider the appropriate decision situations and their preferred decision styles to achieve optimal decision outcomes.
Document Type: article in journal/newspaper
File Description: application/pdf
Language: unknown
Relation: https://research.usq.edu.au/download/10f5b6ddc6b13386e6a22a3133b419b52ebcafe2b34bbb4659a33657d599b942/694735/mi-et-al-2024-demystifying-intuitional-and-rational-decision-marking-symmetrical-and-asymmetrical-analysis.pdf; https://doi.org/10.1177/14413582241244811; Mi, Lili, Prentice, Catherine, Taskin, Nazim and Pauleen, David. 2024. "Demystifying Intuitional and Rational Decision-Marking: Symmetrical and Asymmetrical Analysis." Australasian Marketing Journal. https://doi.org/10.1177/14413582241244811
DOI: 10.1177/14413582241244811
Availability: https://research.usq.edu.au/item/z853q/demystifying-intuitional-and-rational-decision-marking-symmetrical-and-asymmetrical-analysis; https://doi.org/10.1177/14413582241244811
Rights: CC BY-NC 4.0
Accession Number: edsbas.64A798F2
Database: BASE