Understanding the Decision-Making Process for Personal Investments

  • Waymond Rodgers
  • Timothy G McFarlin


Contingent upon the circumstances, “six dominant pathways” are part of, or all of, the major forms of decision making, that is perception, information, judgment, and decision choice. These circumstances entail the degree of an individual’s expertise, completeness of information sources, stableness of the environment, and time pressures.


Decision making Expertise Complete information Stable environment Time pressures 

Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Waymond Rodgers
    • 1
  • Timothy G McFarlin
    • 2
  1. 1.University of Texas, El Paso/ University of HullHullUnited Kingdom
  2. 2.McFarlin LLPCaliforniaUSA

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