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Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making

Dissertation (MBA)--University of Pretoria, 2013.

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Other Authors: Lew, Charlene
Format: Thesis
Language:English
Published: University of Pretoria 2014
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access_status_str Open Access
author2 Lew, Charlene
author_browse Lew, Charlene
author_facet Lew, Charlene
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2013.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:42.927Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/40798 Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making Lew, Charlene ichelp@gibs.co.za Daws, Mark UCTD Psychology, Industrial Decision making -- Psychological models Dissertation (MBA)--University of Pretoria, 2013. This research study was completed to determine whether a relationship exists between executive and senior manager personality styles and the tendency to apply hyperbolic discounting in their strategic decision making. Experiments were designed to test for hyperbolic discounting when comparing monetary value over time periods, as well as real-life scenarios. An online questionnaire was disseminated to executive and senior management respondents who formed the sample population from the FMCG industry that purported a monetary value experiment, which was based on a previous study done by Chark, Chew, and Zhong (2012), followed by four scenarios with high levels risk and uncertainty. The MBTI scores and organisational level (executives and senior managers) were supplied by the respondents and this was used to compare the MBTI Intuition and Judging personality styles with the respondents answers as per the questionnaires. The results revealed that when using monetary value comparisons over time the respondents were prone to apply hyperbolic discounting. However, when the scenario questions were analysed there was a diminishing behaviour in the tendency to apply hyperbolic discounting. There was also no significant relationship between the use of MBTI Intuition or Judging between the two organisational levels in strategic decision making. No significance was found in the MBTI personality style and hyperbolic discounting. Recommendations were made based on the results and what impact it could have for business as well as suggestions on further research. pagibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-15T14:09:32Z 2014-07-15T14:09:32Z 2014-04-30 2013 Mini Dissertation Daws, M 2013, Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40798> http://hdl.handle.net/2263/40798 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Psychology, Industrial
Decision making -- Psychological models
Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making
title Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making
title_full Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making
title_fullStr Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making
title_full_unstemmed Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making
title_short Hyperbolic discounting, organisational level and MBTI personality style in strategic decision-making
title_sort hyperbolic discounting organisational level and mbti personality style in strategic decision making
topic UCTD
Psychology, Industrial
Decision making -- Psychological models
url http://hdl.handle.net/2263/40798