Intuition in Business: Empirical Base

APA 6th edition
In-text: (Fomin, Alekseev, Fomina, Rensh & Zaitseva, 2016)
Your Bibliography: Fomin, E.P., Alekseev, A.A., Fomina, N.E., Rensh, M.A. & Zaitseva, E.V. (2016). Intuition in Business: Empirical Base. International Journal of Environmental and Science Education, 11(15), 8228-8236.

Harvard
In-text: (Fomin, Alekseev, Fomina, Rensh and Zaitseva, 2016)
Your Bibliography: Fomin, E., Alekseev, A., Fomina, N., Rensh, M. and Zaitseva, E. (2016). Intuition in Business: Empirical Base. International Journal of Environmental and Science Education, 11(15), pp. 8228-8236.

Chicago 16th edition
In-text: (Fomin, Alekseev, Fomina, Rensh and Zaitseva 2016)
Your Bibliography: Fomin, Eugeniy P., Andrey A. Alekseev, Natalia E. Fomina, Marina A. Rensh and Ekaterina V. Zaitseva (2016). "Intuition in Business: Empirical Base". International Journal of Environmental and Science Education 11 (15):8228-8236.

Abstract

In this article, the authors propose economic projection of the views of Daniel Kahneman on intuition. The authors believe intuition to act as an operative category in entrepreneurship. The results of given statistical experiment prove viability of the phenomenon of intuition when making investment decisions. Two independent mechanisms for investment decisions are being defined - the «rational» and the «intuitive» ones. The research leads to conclusion that entrepreneurs’ intuitive decisions possess a relatively high level of efficiency.

Keywords: Management, entrepreneur, investment, intuition, decision-making under uncertainty, risks

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