Showing 1 - 10 of 12
Establishing realistic project plans and completing the resulting business projects on schedule is crucial for organizations striving to effectively utilize their resources. However, incentivizing on-time project delivery may introduce moral hazard, as people may respond to estimation accuracy...
Persistent link: https://www.econbiz.de/10015219445
How to avoid project failures driven by overoptimistic schedules? Managers often attempt to mitigate the duration underestimation and improve the accuracy of project schedules by providing their planners with excessively detailed project specifications. While this traditional approach may be...
Persistent link: https://www.econbiz.de/10015220611
Sequential search is often costly and time-consuming. The time cost is usually unknown ex ante and its presence and duration must be inferred as the search progresses. We disentangle the effect of time cost on search behavior from people’s (in)ability to perceive time delay between offers. We...
Persistent link: https://www.econbiz.de/10015231567
The success of a business project often relies on the accuracy of its project duration estimates. Inaccurate and overoptimistic project schedules can result in significant project failures. In this paper, we explore whether the presence of anchors, such as relatively uninformed suggestions or...
Persistent link: https://www.econbiz.de/10015261210
The success of a business project often relies on the accuracy of its schedule. Inaccurate and overoptimistic schedules can lead to significant project failures. In this paper, we explore whether the presence of anchors, such as relatively uninformed suggestions or expectations of the duration...
Persistent link: https://www.econbiz.de/10015263789
The success of a business project often depends on the accuracy of project estimates. Inaccurate, often overoptimistic schedules can lead to significant project failures. In this paper, we experimentally investigate the effectiveness of two interventions designed to mitigate the pervasive...
Persistent link: https://www.econbiz.de/10015264913
How does job assignment affect fairness concerns between coworkers? We experimentally examine agents’ horizontal fairness concerns in a three-person ultimatum game in which all agents are asked to complete a general knowledge quiz before being assigned to a high productivity or low...
Persistent link: https://www.econbiz.de/10015265093
Establishing realistic project plans and completing the resulting business projects on schedule is crucial for organizations striving to effectively utilize their resources. However, incentivizing on-time project delivery may result in moral hazard, as people could respond to estimation accuracy...
Persistent link: https://www.econbiz.de/10015268810
Establishing realistic project plans and completing the resulting business projects on schedule is crucial for organizations striving to effectively utilize their resources. However, incentivizing on-time project delivery may result in moral hazard, as people could respond to estimation accuracy...
Persistent link: https://www.econbiz.de/10015269158
How does group identity influence promotion decisions and what impact does it have on the performance of organizations through promotions? We provide answers based on two experiments in which we identify the effect of group identity on the employers’ preferences regarding whom to promote,...
Persistent link: https://www.econbiz.de/10015271116