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.

Highlights

  • Decision-making (DM) is a necessary aspect of managerial professional activity [1,2,3]

  • The aim of this study was to identify the interrelationships between the Dark Triad traits, representing an unstable emotional personality core, with one’s attitude to uncertainty and decision-making strategies in a situation where the uncertain conditions are specified by the probabilistic environment of positive and negative choice outcomes

  • The following methods were used in the study: 1. The New Questionnaire for Tolerance of Uncertainty (NQTU) [44] to measure the attitudes to uncertainty: tolerance of uncertainty, intolerance of uncertainty and interpersonal intolerance of uncertainty

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Summary

Introduction

Decision-making (DM) is a necessary aspect of managerial professional activity [1,2,3]. As part of their employment positions, managers undertake strategic choices regarding both the organizational process and other people [4-6; and others]. DM is an important aspect of human life in the modern world, as making choices in the context of multiple alternatives becomes almost a daily necessity [7; 8]. Considering the increasing variety and variability of the modern world, uncertainty is quickly gaining a position of the modern life context [9-11; and others]. The study on the trinity of most prominent "aversive" personality traits [18], that has gained massive popularity since its publication, includes descriptions of Machiavellianism, subclinical narcissism and subclinical psychopathy, together making up the Dark Triad of personality traits [19]

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