Download or read book Behavioral Aspects and Decision Making Research in Accounting written by Jörn Sebastian Basel and published by . This book was released on 2015 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a sketch of the most important milestones of behavioral accounting in general and judgment and decision-making (JDM) research in accounting in particular, over the last six decades. In order to understand JDM research in accounting it is important to know how “behavioral” aspects were introduced into the accounting community. Thus, this integrative literature review, combined with a citation analysis of the current research streams, analyses the last six decades of behavioral accounting research. This paper offers a compact description of how theories and methodologies from social sciences, in particular from the field of psychology, were implemented into accounting research. This paper extends previous general reviews (e.g. Bonner, 1999; Dunk, 2001; Trotman, Tan, & Ang, 2011) and more personal reflections (e.g., Hopwood, 2009; M. D. Shields, 2009) , as it also includes a discussion of emerging themes (e.g. ecological rationality) and methods (e.g. neuroaccounting) and how these approaches are (or are not) picked up in behavioral accounting. Overall, this paper provides a starting point for scholars interested in the foundations of behavioral accounting and in the current trends and debates in JDM research in accounting.
Download or read book Neuroeconomic and Behavioral Aspects of Decision Making written by Kesra Nermend and published by Springer. This book was released on 2017-10-06 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings volume presents the latest scientific research and trends in experimental economics, with particular focus on neuroeconomics. Derived from the 2016 Computational Methods in Experimental Economics (CMEE) conference held in Szczecin, Poland, this book features research and analysis of novel computational methods in neuroeconomics. Neuroeconomics is an interdisciplinary field that combines neuroscience, psychology and economics to build a comprehensive theory of decision making. At its core, neuroeconomics analyzes the decision-making process not only in terms of external conditions or psychological aspects, but also from the neuronal point of view by examining the cerebral conditions of decision making. The application of IT enhances the possibilities of conducting such analyses. Such studies are now performed by software that provides interaction among all the participants and possibilities to register their reactions more accurately. This book examines some of these applications and methods. Featuring contributions on both theory and application, this book is of interest to researchers, students, academics and professionals interested in experimental economics, neuroeconomics and behavioral economics.
Download or read book Behavioral Supply Chain Contracting written by Michael Becker-Peth and published by Springer. This book was released on 2019-01-24 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral operations management is a new and growing research field incorporating behavioral aspects of decision making into operations management models, challenging the assumption of fully rational decision makers. Behavioral aspects include risk-aversion, mental accounting, reference points, or bounded rationality. In this book the author presents experimental and empirical studies that address behavioral decision making in the supply chain contracting context. First, different behavioral aspects are incorporated in the decision making process of a buyback and a revenue sharing contract. Second, an empirical decision maker is analyzed facing a service level contract. Potential readership includes scholars and graduate students who are interested in the field of behavioral operations management and practitioners looking for behavioral aspects of decision making in supply chain contracting context.
Download or read book Judgment and Decision Making Research in Accounting and Auditing written by Robert H. Ashton and published by Cambridge University Press. This book was released on 1995-09-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely and comprehensive study on behavioural decision-making within the field of accounting.
Download or read book Advances in Accounting Behavioral Research written by Khondkar E. Karim and published by Emerald Group Publishing. This book was released on 2023-03-13 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 26 of Advances in Accounting Behavioral Research compiles innovative and new explorations into the behavioral aspects of accounting and auditing including the effects of organizational commitment, the impact of stressors on performance, the effects of auditor familiarity and the examination of personality traits.
Download or read book The Behavioral Aspects of Accounting Data for Performance Evaluation written by Thomas Junior Burns and published by . This book was released on 1970 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Behavioural Aspects that Influence Business Decision making by Management Accounting Professionals written by Zacharias Enslin and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In their traditional role as 'bean-counters℗þ, 'scorekeepers℗þ and 'controllers℗þ, management accountants were frequently excluded from operational decision-making. Criticism by operational managers about management accountants℗þ decisions-making behaviour included that management accountants preferred evidence-based decisions, as opposed to the intuitive decisions that were regularly required in the business management environment. However, the role of management accounting professionals are changing to that of business partner. The first aspect which the study investigated was whether management accounting professionals experienced an increase in their involvement in business-related decision-making, as suggested by their emerging business partner role. Psychology-related behavioural aspects, which may result in biased decision-making, play a definite role in decision-making behaviour where the use of intuition is required. A review of literature indicated that management accounting professionals were less comfortable with making intuitive decisions. Therefore, they could be particularly susceptible to decision biases related to the influence of behavioural aspects. Accordingly, the second aspect which the study investigated was the susceptibility of management accountants to the main behavioural decision biases related to the use of decision heuristics and the effects of frame dependence. A survey design was employed to investigate decision-making involvement and susceptibility to behavioural biases by means of an electronic questionnaire. Responses were received from an international sample of management accounting professionals, including members of the Institute of Management Accountants (USA) and the Chartered Institute of Management Accountants (UK). The responses were analysed quantitatively, using both univariate and multivariate statistics. The study extends the current body of knowledge by being the first to comprehensively investigate the presence of behavioural biases in the decision-making behaviour of management accounting professionals as a group of decision-makers, which is especially relevant due to their changing decision-making role in organisations. Additionally, contrary to many previous studies in the behavioural decision-making field, the study focused on an international, widely dispersed, sample of professionally employed decision-makers. The study also contributes to the debate on the conflict in findings regarding the prevalence of the changing role of the management accountant. The important findings of the study were as follows: AÌ2℗ʺ Management accounting professionals were involved in making business-related decisions. However, this involvement varied depending on the position in which a management accounting professional was employed, and the size of the company in which the professional was employed. The findings regarding the decision-making involvement of management accounting professionals also indicated that the promulgated business partner role was not as pervasive as suggested by most of the literature. AÌ2℗ʺ Management accounting professionals experienced an increase in business decision-making involvement. This experience was not as widespread as the literature on the business partner role suggests, and was more pronounced for professionals between 30 and 49 years of age, and those more amenable to using their judgement when making decisions. AÌ2℗ʺ Management accounting professionals were susceptible to frame dependence bias. The susceptibility of management accounting professionals to the biases of concurrent decisions framing, the certainty effect and the pseudo-certainty effect was similar to that of other populations. However, these professionals exhibited a lower susceptibility to loss aversion bias. Their susceptibility to mental accounting bias requires further investigation. AÌ2℗ʺ Management accounting professionals were also susceptible to heuristic-based bias. Their susceptibility was similar to that of other populations for the representativeness-related confirmation bias, as well as for the adjustment and anchoring heuristic-related bias. Management accounting professionals exhibited lower susceptibility than other populations to the biases of misconceptions of chance, misconceptions of regression to the mean, general overconfidence, and affect. However, they were more susceptible to overconfidence in performing difficult tasks than other populations. The findings could be of value to the management accounting profession in indicating that educational requirements existed for both the traditional and emerging roles of the management accountant. The study also initiated the research into the susceptibility of management accounting professionals to behavioural biases and paved the way for research and other actions aimed to debias the decision-making behaviour of these professionals.
Download or read book Decision Making in Management written by Kesra Nermend and published by Springer Nature. This book was released on 2021-08-10 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making important business decisions is usually a difficult and complicated task. In the modern economy where businesses have to solve increasingly complex decision-making problems, it is important to learn and use methods and techniques including the analysis of behavioral data to support decision-making in practice. This book presents various methods and solutions to problems in modern data acquisition techniques and practical aspects of decision making. In particular, it addresses such important issues as: business decision making, multi-criteria decision analysis (MCDA), multidimensional comparative analysis (MCA), decision games and data acquisition techniques for decision making (declarative techniques and cognitive neuroscience techniques). Important topics such as consumers’ rational behavior, environmental management accounting, operational research methods, neuroscience including epigenetics, DEA analysis etc., as well as case studies related to decision making in management are also included.
Download or read book Behavioral Finance and Decision making Models written by Tripti Tripathi and published by Business Science Reference. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral finance challenges the traditional assumption that individuals are rational by focusing on the cognitive and emotional aspects of finance, which draws on psychology, sociology, and biology to investigate true financial behavior. The financial sector requires sound understanding of market dynamics and strategic issues to meet future challenges in the field. Behavioral Finance and Decision-Making Models seeks to examine behavioral biases and their impact on investment decisions in order to develop better future plans and strategies in the financial sector. While highlighting topics including behavioral approach, financial regulation, and globalized sector, this book is intended for policymakers, technology developers, managers, government officials, academicians, researchers, and advanced-level students.
Download or read book Behavioral Aspects of Financial Decision making written by Jacqueline M. Volkman and published by . This book was released on 2007 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is growing effort to incorporate psychological behaviors into decision models from economics and finance. This research focuses on how anticipated feelings, such as regret and pride, affect decision-making with regard to portfolio decisions, and whether these models can explain phenomena documented in the literature.
Download or read book The Routledge Companion to Behavioural Accounting Research written by Theresa Libby and published by Routledge. This book was released on 2017-11-06 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioural research is well established in the social sciences, and has flourished in the field of accounting in recent decades. This far-reaching and reliable collection provides a definitive resource on current knowledge in this new approach, as well as providing a guide to the development and implementation of a Behavioural Accounting Research project. The Routledge Companion to Behavioural Accounting Research covers a full range of theoretical, methodological and statistical approaches relied upon by behavioural accounting researchers, giving the reader a good grounding in both theoretical perspectives and practical applications. The perspectives cover a range of countries and contexts, bringing in seminal chapters by an international selection of behavioural accounting scholars, including Robert Libby and William R. Kinney, Jr. This book is a vital introduction for Ph.D. students as well as a valuable resource for established behavioural accounting researchers.
Download or read book Behavioral Aspects of Accounting Data for Performance Evaluation written by OSU Accounting Symposium Staff and published by . This book was released on 1969 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Behavioral Aspects of Financial Decision making written by Jacqueline Marie Volkman and published by . This book was released on 2007 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Behavioral Aspects of Financial Decision Making written by Emanuela Trifan and published by Sudwestdeutscher Verlag Fur Hochschulschriften AG. This book was released on 2009 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present work seeks for a deeper motivation of those financial market behaviors that remained unexplained by traditional economic theories. It is the result of some years of research in the areas of Behavioral Finance and Market Microstructure. The work undertakes the challenging task of quantifying "less-rational" aspects of financial decision-making, such as simplified trading rules, emotional reactions, and subjective perceptions and beliefs. To this purpose, not only are traditional models extended in order to account for behavioral elements, but also new models and measures are developed and tested by means of numerical simulations. Surprisingly, it appears that rational trading is not the only way to make money, and the presence of less-than-perfectly rational traders can be compatible with stable and efficient markets. Not only trading decisions but also investment decisions are highly sensitive to subjective attitudes. The work helps to identify several trading and investment strategies that ensure the success and survival of their users and maximize their risky holdings, respectively.
Download or read book Information for Decision Making written by Alfred Rappaport and published by Prentice Hall. This book was released on 1970 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: USA. Textbook comprising readings on management information systems for organizational decision making - emphasizes the role of models in decision-oriented information systems, and covers information for planning and control, behavioural aspects of information, etc. References.
Download or read book Behavioral Accounting Research written by Kenneth R. Ferris and published by . This book was released on 1988 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Evolution of Behavioral Accounting Research RLE Accounting written by Robert H. Ashton and published by Routledge. This book was released on 2013-12-04 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects together out of print and hard to find sources on the behavioural implications of accounting. It begins with the 1952 monograph, The Impact of Budgets on People by Chris Argyris, considered by many to mark the beginning of behavioural research in accounting and is followed by: a critique of the general state of accounting research in 1960 critical evaluation of Argyris’ research and other behavioural studies discussion of the research activity in the behavioural aspects of accounting during the 1960s and 70s a comprehensive perspective on the development of behavioural accounting research in the 1980s including discussion of the division of behavioural accounting research into two branches.
