What are the factors influencing the decision-making?

Factors influencing the decision-making:

1. The values and beliefs: the values and beliefs significant impact on decision-making and without it inconsistent with the facts and the nature of the human psyche and their interaction in life.

2. Personal effects:

Everyone has his personality that are associated with ideas and beliefs held by that affect the decision to be taken, and thus the decision might be identical with those ideas and attitudes personal to the individual.

3. tendencies and ambitions: to the aspirations of the individual and inclinations an important role in decision-making to the individual makes the decision stemming from the inclinations and aspirations without regard to the physical findings or substantive accounts involved.

4. psychological factors: psychological factors affect the decision-making and Swabath, removal of stress and turmoil and confusion and hesitation have a significant impact on the completion of the work and achievement of the goals and aspirations and hopes sought by the individual.

Totally agree with your answer Mr. Georgei Assi and if we are talking about countries not individuals, I would like to add:

1- Economic and political conditions in the country

2- The competition

3- The budget and financial status of the company

4- Past experiences 

Personal experience, past decisions, past results, knowledge base, people influence, stress 

The decision makers

The decision situationThinking in terms of a problem or an opportunity

Decision criteria

People affected by the decisionDecision support – theories, tools and techniques

One, Two, and Three is the uncertainty.

It is the challenge of decision making.

·         Past experiences

·         Thinking patterns based on observations and generalizations

·         Escalation of commitment and sunk outcomes

·         Individual differences

·        Age is only one individual difference

agree with all expert answer

1. Past experiences

2. Personal relevance

3. Environment

4. Emotion

In addition to your points, I would like to add:

- Knowledge and experience

- External factors (from the environment, laws, regulations and the people involved)

- Personal interest

YOUR VISION ACCORDING TO EXPERIENCE,ECONOMICS, RISK ASSESSMENT AND ENVIRONMENT

I believe the information given at hand is very important in taking a sound decision . Also other factors can have a considerate effect; like experience , impact on others & on business, educational background & culture