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Deciding analytically or trusting your intuition? The advantadges and disadvantadges of analytic and intuitive thought

Hogarth, Robin - Department of Economics and Business, Universitat … - 2002

used by both systems as well as the characteristics of environments that facilitate or hinder accurate learning by the …

Persistent link: https://www.econbiz.de/10005772107

Ignoring information in binary choice with continuous variables: When is less 'more'?

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2004

When can a single variable be more accurate in binary choice than multiple sources of information? We derive analytically the probability that a single variable (SV) will correctly predict one of two choices when both criterion and predictor are continuous variables. We further provide analogous...

Persistent link: https://www.econbiz.de/10005772123

Regions of rationality: Maps for bounded agents

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2005

An important problem in descriptive and prescriptive research in decision making is to identify “regions of rationality,” i.e., the areas for which heuristics are and are not effective. To map the contours of such regions, we derive probabilities that heuristics identify the best of m...

Persistent link: https://www.econbiz.de/10005772221

Take-the-best and other simple strategies: Why and when they work 'well' in binary choice

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2003

The effectiveness of decision rules depends on characteristics of both rules and environments. A theoretical analysis of environments specifies the relative predictive accuracies of the lexicographic rule 'take-the-best' (TTB) and other simple strategies for binary choice. We identify three...

Persistent link: https://www.econbiz.de/10005772523

Simple models for multi-attribute choice with many alternatives: When it does and does not pay to face tradeoffs with binary attributes

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2004

Working Paper no longer available. Please contact the author.

Persistent link: https://www.econbiz.de/10005772544

Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth

Covin, Jeffrey G.; Lisanti, Alessandra; Latorre, Giovanni; … - In: Journal of innovation & knowledge : JIK 10 (2025) 1, pp. 1-12

Strategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of … strategic learning self-efficacy and a firm's industry-adjusted sales growth rate and specifies strategic decision-making style … hypothesized relationships. Results indicate that strategic learning self-efficacy is not significantly related to firm growth as a …

Persistent link: https://www.econbiz.de/10015211900

The impact of experiential learning on managers' strategic competencies and decision style

Torres, Pedro M.; Augusto, Mário Gomes - In: Journal of innovation & knowledge : JIK 2 (2017) 1, pp. 10-14

This research studies whether Executive MBA student's participation in a business strategy simulation course significantly impacts on self-perceptions of their strategic competencies and decision style, which involves crossing psychological and strategy fields, and aims to contribute to the...

Persistent link: https://www.econbiz.de/10011846916

The Human Version of Moore-Shannon's Theorem : The Design of Reliable Economic Systems

Christensen, Michael; Knudsen, Thorbjørn - 2007

Moore & Shannon's theorem is the cornerstone in reliability theory, but cannot be applied to human systems in its original form. A generalization to human systems would therefore be of considerable interest because the choice of organization structure can remedy reliability problems that...

Persistent link: https://www.econbiz.de/10014049389

Is Confidence in Decisions Related to Feedback? Evidence-And Lack of Evidence-From Random Samples of Real-World Managerial Behavior?

Hogarth, Robin M. - 2004

Confidence in decision making is an important dimension of managerial behavior. However, what is the relation between … confidence and feedback on decisions? To explore this and related issues, use was made of the ESM (Experience Sampling Method) to … activities. These covered differences between types of decisions, their structure, feedback, and confidence in decisions as well …

Persistent link: https://www.econbiz.de/10014086801

Deciding Analytically or Trusting Your Intuition? The Advantages and Disadvantages of Analytic and Intuitive Thought

Hogarth, Robin M. - 2004

information typically used as well as the characteristics of environments that affect learning. Experiments that have contrasted …

Persistent link: https://www.econbiz.de/10014086803