Theoretical Foundations: The Decision-Making Context

Building on the identified relevance of the organizational- (Chapter 2), team- and task context (Chapter 3), the current chapter introduces the relevant conceptual framework for an analysis of the TMT’s decision-making context. Section 4.1 introduces the NDM concept as well as the related notion of expert decision-making and associated decision models. Section 4.2 provides the conceptual demarcation from other theories associated with bounded rationality decision-making in naturalistic environments.