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Role of the Dark Triad Traits and Attitude Towards Uncertainty in Decision-Making Strategies in Managers

Received: 30 October 2017     Accepted: 10 November 2017     Published: 13 December 2017
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Abstract

This article presents the results of an empirical study of decision-making strategies in an uncertain environment as modeled by the Iowa Gambling Task (IGT). The study examines the associations between the Dark Triad traits, tolerance of uncertainty and decision-making effectiveness, measured by the results of strategic choices in a sequential decision-making task with a set goal of obtaining the largest possible profit. The differences in the correlations of the Dark Triad traits with decision-making effectiveness are demonstrated between managers and non-managers. The Dark Triad traits are linked with more effective decision-making strategies only in non-managers. Managers with higher levels of the Dark Triad traits prefer risky and chaotic strategies, especially in the later stages of the decision-making process. Tolerant to uncertainty managers make more effective decisions in the early stages of the prognostic task, these stages are characterized by higher levels of uncertainty and lack of information.

Published in Social Sciences (Volume 6, Issue 6)
DOI 10.11648/j.ss.20170606.17
Page(s) 187-195
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Decision-Making, Tolerance of Uncertainty, Dark Triad, Iowa Gambling Task, Managers, Prognostic Task

References
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  • APA Style

    Tatiana Kornilova, Yulia Krasavtseva. (2017). Role of the Dark Triad Traits and Attitude Towards Uncertainty in Decision-Making Strategies in Managers. Social Sciences, 6(6), 187-195. https://doi.org/10.11648/j.ss.20170606.17

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    Tatiana Kornilova; Yulia Krasavtseva. Role of the Dark Triad Traits and Attitude Towards Uncertainty in Decision-Making Strategies in Managers. Soc. Sci. 2017, 6(6), 187-195. doi: 10.11648/j.ss.20170606.17

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    Tatiana Kornilova, Yulia Krasavtseva. Role of the Dark Triad Traits and Attitude Towards Uncertainty in Decision-Making Strategies in Managers. Soc Sci. 2017;6(6):187-195. doi: 10.11648/j.ss.20170606.17

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  • @article{10.11648/j.ss.20170606.17,
      author = {Tatiana Kornilova and Yulia Krasavtseva},
      title = {Role of the Dark Triad Traits and Attitude Towards Uncertainty in Decision-Making Strategies in Managers},
      journal = {Social Sciences},
      volume = {6},
      number = {6},
      pages = {187-195},
      doi = {10.11648/j.ss.20170606.17},
      url = {https://doi.org/10.11648/j.ss.20170606.17},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ss.20170606.17},
      abstract = {This article presents the results of an empirical study of decision-making strategies in an uncertain environment as modeled by the Iowa Gambling Task (IGT). The study examines the associations between the Dark Triad traits, tolerance of uncertainty and decision-making effectiveness, measured by the results of strategic choices in a sequential decision-making task with a set goal of obtaining the largest possible profit. The differences in the correlations of the Dark Triad traits with decision-making effectiveness are demonstrated between managers and non-managers. The Dark Triad traits are linked with more effective decision-making strategies only in non-managers. Managers with higher levels of the Dark Triad traits prefer risky and chaotic strategies, especially in the later stages of the decision-making process. Tolerant to uncertainty managers make more effective decisions in the early stages of the prognostic task, these stages are characterized by higher levels of uncertainty and lack of information.},
     year = {2017}
    }
    

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    AU  - Tatiana Kornilova
    AU  - Yulia Krasavtseva
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    N1  - https://doi.org/10.11648/j.ss.20170606.17
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    JF  - Social Sciences
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    AB  - This article presents the results of an empirical study of decision-making strategies in an uncertain environment as modeled by the Iowa Gambling Task (IGT). The study examines the associations between the Dark Triad traits, tolerance of uncertainty and decision-making effectiveness, measured by the results of strategic choices in a sequential decision-making task with a set goal of obtaining the largest possible profit. The differences in the correlations of the Dark Triad traits with decision-making effectiveness are demonstrated between managers and non-managers. The Dark Triad traits are linked with more effective decision-making strategies only in non-managers. Managers with higher levels of the Dark Triad traits prefer risky and chaotic strategies, especially in the later stages of the decision-making process. Tolerant to uncertainty managers make more effective decisions in the early stages of the prognostic task, these stages are characterized by higher levels of uncertainty and lack of information.
    VL  - 6
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Author Information
  • Department of psychology, Moscow State University, Moscow, Russia

  • Department of psychology, Moscow State University, Moscow, Russia

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