"Mathematical representation of Decision Making"!! Did you know that??

Here I give the website link of a very interesting page I have found on the Internet. It is pertinent to mention that such pages and methods are part of the MBA Curriculum I am studying in the IGNOU. This is a mathematical proving of an argument presented by it's author, wherein he argues that why Authoritative Decision-making is better than the Democratic Decision-making. 
How many of us, indulging in the mere philosophical conversations of what is the best have ever found in the pure subjects, the mathematics in this case, the proof of what we are arguing for ??


That is the wonder and hallmark of the work, which is why i felt like preserving it and giving it away for the knowledge of the people who did not have any inkling.


Why a Group Needs a Leader: Decision-making and Debate in Committees. by Wouter Dessein
February 2007


http://www0.gsb.columbia.edu/faculty/wdessein/papers/Why%2520a%2520Group%2520Needs%2520a%2520Leader.pdf

Over here I give the screen shot of the concluding remarks of this pure mathematics research.

The vocabulary used, and the how the utilisation of the observations which we all must have noticed to be happening during any decision-making exercise, in this mathematical research paper is what makes it more interesting to read for me. I am not sure how much genuine and cogent this work is, but my interest is only about the approach used.

Comments

Post a Comment

Popular posts from this blog

The Orals

The Orals That’s how we popularly know them. The popular name gives an innuendo of that pleasure act equally popular in our MMS-crazed generation but, here, is actually a short form for Oral Examinations conducted by the Mercantile Marine Department (MMD) of Ministry of Shipping, India, for certification of merchant naval officers. The final steps towards acquiring any grade of licenses involves a face-to-face interview with examiners of MMD, known as Surveyors as per the provisions of the MS Act, 1958, and entails examination of our technical and managerial knowledge. The results of all MMD exams are best described by a well-known maritime adage –‘Sea yields out whatever goes in it; it does not eat away anything.’ Yes, that’s right, one day or the other we all pass. But then like all humans have a need for some challenge to give them reasons to live, we have devised the challenge in passing the exams in ‘first shot’. Over these years of revampe
Read more

Why say "No" to the demand for a Uniform Civil Code in India

 What is Uniform Civil Code? Uniform Civil Code (UCC) is a set of laws that apply equally to all residents regardless of their sexual orientation, gender, or affiliation with a particular religion. It means that all sections of society, irrespective of their religion, shall be treated equally according to a national civil code, which shall be applicable to all uniformly. The code covers areas like marriage, divorce, maintenance, inheritance, adoption, and succession of property Which democracies have the UCC ? A simple Google Search will reveal that the US does not have UCC, in that, each state is allowed to have it's own laws for governing the personal laws of the citizens. The Google Search will reveal that France, Australia and and the United Kingdom have something of the " Uniform " Civil Code. But a deeper search of what is " uniform " in these countries wil reveal that it only means a set of laws applying homogenously across all the sub-divisions of the c
Read more

About the psychological, cutural and the technological impacts of the music songs

About the psychological, cutural and the technological impacts of the music songs. Jagjit Singh's gazal CDs were the ones which would run the franchise shops called as the Planet M, the Music World , all of which are now extinct. Today, I will say that this singer's work single handed ran the buisness of these shops. Because every trip to these shops meant that the customer would not return back without buying out atleast one piece of an item, — in the least he would do a purchase of one CD having a collection of Jagjit Singh's gazals. As for us, as sailors, in Indian ports we used to buy CDs of his songs; and from China, we used to buy English Songs. Sometimes me and my friends would laugh out at how many CDs we had collected of the same set of songs, in which , just the order of the songs was little different from an other collection in a CD that we already owned. The era from mid '90s upto 2010's was that of the music albums. I remember the name of one of the e
Read more