The Implications of the Rationality of Decision-Makers on the Utilization of Evaluation Findings
Esa Hyyryläinen, Olli-Pekka Viinamäki
Abstract
Esa Hyyryläinen, Olli-Pekka Viinamäki
Abstract
The article aims at finding out how assumptions on the rationality of decision-makers and the decision-making process affect the ways to structure problems connected to the utilization of evaluation findings in decision-making. Rationality is connected to the use of information in decision-making. The Rational Model assumes that that all information provided by advising bodies will form a firm basis for decision-making. The Non-Rational Model assumes that most information is not actually used in decision-making. The Boundedly Rational Model aims at following the path of the Rational Model but falls short of it in many respects. Ultimately it is the only coherent basis for understanding the role of evaluation findings in decision-making.
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The article aims at finding out how assumptions on the rationality of decision-makers and the decision-making process affect the ways to structure problems connected to the utilization of evaluation findings in decision-making. Rationality is connected to the use of information in decision-making. The Rational Model assumes that that all information provided by advising bodies will form a firm basis for decision-making. The Non-Rational Model assumes that most information is not actually used in decision-making. The Boundedly Rational Model aims at following the path of the Rational Model but falls short of it in many respects. Ultimately it is the only coherent basis for understanding the role of evaluation findings in decision-making.
Key concepts: Rationality, Rational planning model, Process (computing), Rational analysis, Ecological rationality, Decision-making models, Management science, Computer science