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Predicting job performance: A comparison of expert opinion and research findings*

Dakin, Stephen; Armstrong, JS - EconWPA - 2004

A survey was conducted of New Zealand personnel consultants. Their beliefs about the validity of various selection tools and their claimed usage of these tools was then compared with the validities in a previously published meta-analysis. The experts claimed to use the predictors they believed...

Persistent link: https://www.econbiz.de/10005556517

Ideologies, Beliefs, and Economic Advice - A Cognitive- Evolutionary View on Economic Policy-Making

Slembeck, Tilman - EconWPA - 2000

Economists often perceive the “ideological beliefs“ held by political actors as obstacles to rational policy-making. In contrast, it is argued that ideologies have characteristics that appear desirable in policy- making in that they allow political actors to credibly commit themselves to...

Persistent link: https://www.econbiz.de/10005556964

Knowledge and Structure

Fioretti, Guido - EconWPA - 2002

This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of "Japanese" versus "American" organizational structures...

Persistent link: https://www.econbiz.de/10005561473

Neural correlates of the affect heuristic during brand choice

Plassmann, Hilke; Kenning, Peter; Deppe, Michael; … - EconWPA - 2005

In this working paper it is investigated how affect and cognition interact in consumer decision making. The research …

Persistent link: https://www.econbiz.de/10005125573

Evidence Theory: A Mathematical Framework for Unpredictable Hypotheses

Fioretti, Guido - EconWPA - 2002

Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...

Persistent link: https://www.econbiz.de/10005125582

Recognizing Investment Opportunities at the Onset of Recoveries

Fioretti, Guido - EconWPA - 2002

Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in order to model investments in novel fields of economic activity, that according to this model are carried out when firms recognize the emergence of a new technological pattern....

Persistent link: https://www.econbiz.de/10005076670

How Central Banks End Crises

Gorton, Gary B.; Ordoñez, Guillermo L. - Department of Economics, University of Pennsylvania - 2014

-creating confidence requires that the central bank lend in secret, hiding the identities of the borrowers, to prevent information about … is a desirable part of re-creating confidence because it creates stigma. Stigma is critical to sustain secrecy because no …

Persistent link: https://www.econbiz.de/10010892259

TRUST OF MODERNITY, MODERNITY OF TRUST. CONSIDERATIONS AND RESEARCH HYPOTHESIS

CONTE, MASSIMO - EconWPA - 2005

THE DEVELOPMENT SOCIAL RELATIONSHIP IN OUR TIMES IMPOSE A GROWING IMPORTANCE TO 'TRUST' AS A RESOURCE BETWEEN PERSONAL RELATIONSHIP AS BETWEEN PERSONS AND COMPLEX SOCIAL SYSTEM. THE MAIN FEATURE OF MODERNITY IN SOCIAL CONNECTIONS IS GIVEN BY THE SPREAD OF A 'TIME/SPACE' DISTANCE. THE INCREASING...

Persistent link: https://www.econbiz.de/10005126102

Confidence-Enhanced Performance

Compte, Olivier; Postlewaite, Andrew - Department of Economics, University of Pennsylvania - 2001

There is ample evidence that emotions affect performance. Positive emotions can improve performance, while negative ones may diminish it. For example, the fears induced by the possibility of failure or of negative evaluations have physiological consequences (shaking, loss of concentration) that...

Persistent link: https://www.econbiz.de/10005126710

Multi-attribute Analysis of Confidence, Convenience and Price Functions of Customers of Financial Services Firms: a GLS Systems Model

Rao, Ananth - EconWPA - 2005

The purpose of the study is to examine significant attributes of customers for explaining the level of confidence … the satisfaction and confidence of customers across FSFs. Results indicate that: core, tangible and relational attributes …’ confidence and convenience functions had a reliability of 92 to 94 percent while the value function had a reliability of 74 …

Persistent link: https://www.econbiz.de/10005134909