Ormerod, R. J.. (2010) OR as rational choice: a decision and game theory perspective. Journal of the Operational Research Society, Vol.61 (No.12). pp. 1761-1776. ISSN 0160-5682

Full text not available from this repository.

Abstract

Social science disciplines have used decision theory and game theory to provide metaphorical understanding and analytical rigour in their particular domains. The paper explores whether a similar perspective can be applied to operational research (OR) in order to provide an integrating theme for both theory and practice. It is argued that, while the methods of OR are instrumentally rational, OR interventions embrace non-instrumental aspects as well. A case study of an application of decision theory is described and analysed from a decision and game theory (DGT) perspective. The case demonstrates that although the model developed was instrumental, the structure and content of the model reflected the normative and communicative aspects of the decision context. The paper concludes that OR could use a DGT perspective as a conceptual framework for the teaching, research and practice of OR. Journal of the Operational Research Society (2010) 61, 1761-1776. doi:10.1057/jors.2009.146 Published online 2 December 2009

Item Type:	Journal Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Faculty of Social Sciences > Warwick Business School
Journal or Publication Title:	Journal of the Operational Research Society
Publisher:	Palgrave Macmillan Ltd.
ISSN:	0160-5682
Date:	December 2010
Volume:	Vol.61
Number:	No.12
Number of Pages:	16
Page Range:	pp. 1761-1776
Identification Number:	10.1057/jors.2009.146
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
URI:	http://wrap.warwick.ac.uk/id/eprint/4913

Data sourced from Thomson Reuters' Web of Knowledge

Request changes to a record

Actions (login required)

View Item