Classical management biases and behavioral approach comprehension

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dc.contributor.author Mandysová, Ivana
dc.date.accessioned 2019-09-30T11:31:27Z
dc.date.available 2019-09-30T11:31:27Z
dc.date.issued 2019
dc.identifier.issn 1211-555X (Print)
dc.identifier.issn 1804-8048 (Online)
dc.identifier.uri https://hdl.handle.net/10195/74245
dc.description.abstract The article at the outset conducted on the theoretical basis, incorporating relevant authors and theories, has pointed to a number of weaknesses of neoclassical theory, which would be hardly compatible with real management practice and manager behavior. Article critically evaluated theoretical background in management sciences and examined manager in behavioral and heuristic theories. Analysis offered an interpretation of managerial decision-making as a product of personal preferences and characteristics, limited rationality, lack of information, mental shortcut, and imitation. Analysis described practical behavior of managers and then correlated these to each other and to explanatory factors as well. The re-orientation towards recognition of managerial behavior is developed and illustrated. Conclusions were derived from the generalization of empirical observations. Empirical research is based on in-depth qualitative study and subsequently it derives from established theoretical patterns. It explores and explains the way managers make economic decisions. The emerging theory strongly emphasizes the strengthening of the human potential inside a manager. en
dc.format p. 114 - 123
dc.language.iso en
dc.publisher Univerzita Pardubice cze
dc.relation.ispartof Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 46/2019 en
dc.rights open access en
dc.subject management en
dc.subject behavioral management en
dc.subject manager´s decision-making en
dc.subject heuristics en
dc.subject qualitative research en
dc.title Classical management biases and behavioral approach comprehension en
dc.type Article en
dc.peerreviewed yes en
dc.publicationstatus published en
dc.identifier.scopus 2-s2.0-85073826885
dc.identifier.obd 39883571
dc.subject.jel D81
dc.subject.jel D91
dc.subject.jel L2
dc.subject.jel M1


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