This article develops a new approach to study the impact on beliefs and decisions of uncertain probability forecasts by advisors. The core concept of that approach, which builds on the revealed-preference approach favored by economists, is the one of revealed beliefs - the precise probability...

Organizational theorists built their knowledge of decision making through a progressive critique of rational choice theory. Their positioning towards rationality, however, is at odds with the observation of rationality persistence in organizational life. This paper addresses this paradox. It...