Danylovych-Kropyvnytska, M., & Limański, A.
(2017).
Rationality in decision-making within inter-organisational networks.
Economics, Entrepreneurship, Management,
4(2),
9-14.
https://doi.org/10.23939/eem2017.02.009
Article
Rationality in decision-making within inter-organisational networks
Abstract
A networking structure is a natural phase in the evolution of organisational forms. An organisational form of a network is a set of interconnected structures and technological elements, i.e. individual economic agents, cultural and social values that arrange inter-organisational relations in a certain order and make network processes operate in a system-like fashion. Effective joint work in inter-organisational networks suggests a need for a common goal, which is perceived to be a critical factor for joint activities. The paper studies the rationality of decision[1]making for inter-organisational networks. The analysis of behaviour within inter-organisational networks that consist of agents, like firms, entrepreneurs, governmental authorities, scientific centres, proves that group decisions are not always an optimal method to achieve a goal. There are certain tasks and circumstances when an authoritarian approach to problem solving is more sensible. It analyses a formalized model for joint choice, prevailing practice and rationality of group decision[1]making in order to reach a strategic balance within a network. The study summarizes key advantages and drawbacks in case a decision is made by a group
Keywords
inter-organisational networks, rationality, decision-making procedures, strategic balance, cooperative game, coalition
Received 18.08.2017, Revised 27.10.2017, Accepted 29.12.2017
Retrieved from Vol. 4, No. 2, 2017
Suggested citation
https://doi.org/10.23939/eem2017.02.009
Pages 9-14
References
References in the process of publication