A Study of the Social Psychological Consequences of the Announcement to Close Naval Shipyards. A subjectively Expected Utility Model with Moderator Variables in Relation to Employee Decisions on Opposition to a Navy Yard Closing Announcement.
BARUCH COLL NEW YORK
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The subjectively expected utility SEU model of decision making under uncertainty requires subjective probability and subjective value or utility variables. The study, using non-experimental survey data collected from civilian employees at the Brooklyn Navy Yard compares the obtained relationships among subjective probability, utility, and decision variables with those that might be expected by an SEU theorist. It was found that the utility, not the subjective probability, variable was significantly related to the decision variables for the total sample. Subjective probability and utility together were not significantly more related to the decision variables than utility along. A utility moderator variable and a subjective probability moderator variable were found to be helpful. A subsample was isolated in which utility and subjective probability together were significantly more related to some of the decision variables than either utility or subjective probability alone. Author