Decision-making: A century of theory-making and the synthesis of a contemporary model

J Lucas, K. A. Moore

Research output: Book chapter/Published conference paperChapter (peer-reviewed)

Abstract

Early in the 20th Century, researchers established a platform for predicting decision outcomes based upon the then current influences of mathematics, economics, and behaviourism. The focus was on predicting people's decisions based on concrete external cues of a purely 'rational' and mathematical nature. Later researchers challenged these rational approaches stating that decision-making is strongly influenced perhaps even dominated, by cognitive-affective processes. In this chapter, we propose a contemporary model of decision satisfaction that considers people's appraisal of the elements surrounding the decision, the stress people experience when making a decision, and the reciprocal relationship between decisional stress and the coping strategies used to facilitate a satisfying decision. Recent literature has provided support for the role of metacognitions: awareness and acceptance, in reducing stress and promoting wellbeing and, in a novel extension of this work, we argue that they have a positive impact on both reducing decisional stress and enhancing the use of proactive coping strategies. Empirical research to validate the proposed model is required.
Original languageEnglish
Title of host publicationStress and anxiety
Subtitle of host publicationTheories and realities
EditorsKathleen Moore, Petra Buchwald
Place of PublicationBerlin, Germany
PublisherLogos Verlag
Chapter2
Pages21-32
Number of pages12
ISBN (Print)9783832547172
Publication statusPublished - 25 Jun 2018

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Lucas, J., & Moore, K. A. (2018). Decision-making: A century of theory-making and the synthesis of a contemporary model. In K. Moore, & P. Buchwald (Eds.), Stress and anxiety: Theories and realities (pp. 21-32). Logos Verlag.