Andriani, Pierpaolo; McKelvey, Bill - Department of Economics and Finance, Business School - 2006
Practicing managers live in a world of ‘extremes’ but management research is based on Gaussian statistics that rule … emphasizing averages) and Paretian statistics (based on interdependence, positive feedback, infinite variance, and emphasizing … extremes). Quantitative journal publication depends almost entirely on Gaussian statistics. We draw on complexity and …