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According to the Behavioural Decision Model, Competent Managers-Even with Cognitive

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According to the behavioural decision model, competent managers-even with cognitive limitations-can make perfectly rational decisions in highly ambiguous situations.


Definitions:

Compulsion

A psychological condition where an individual feels the need to perform specific actions repeatedly in an attempt to reduce anxiety or prevent a perceived negative outcome.

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or help wouldn't be available if things go wrong.

Social Phobia

A persistent and overwhelming fear of social situations, leading to significant anxiety and avoidance that impair daily functioning.

Generalized Anxiety Disorder

A chronic disorder characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.

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