Creativity is highly valued in all areas of life, and it must be supported in the academic environment for the future prosperity of all organizations. This is the primary source of creativity for practice. The research presented is based on answering the following questions: Are an...

We examine 70,581 felony court cases filed in Chicago, IL during the period 1990-2007. We exploit case randomization to assess the impact of judge assignment and sentencing decisions on the arrival rates of new charges. Relative to prior research, we document an important source of heterogeneity...

Influential economic approaches as random utility models assume a monotonic relation between choice frequencies and "strength of preference," in line with widespread evidence from the cognitive sciences, which also document an inverse relation to response times. However, for economic decisions...

This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...

Making decisions is a key task for leaders and managers. Senior leaders are currently exposed to increasing amounts of data which they must process quickly in our current dynamic world. Complex factors in the business world are not always best approached through an analytical framework. Using...

This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...

Purpose - This paper aims to investigate the relationships between participative decision-making, ethical leadership and leadership performance, which might make school leaders quit autocratic behavior and enhance their performance at private K12 schools in Iraq. Design/methodology/approach -...

This study investigates the effect on nonprofessional investors' judgements and decisions of discretionary measurement choices. Using a paper-and-pencil experience, we collect and analyze information regarding investment amounts as well as past and future financial performance judgements of...

With the dissemination of web technologies, the transparency of other people's opinions has increased tremendously, thus the possibilities of observing other consumers' decisions have also risen. Consumers may take a shortcut to follow a herd - according to which people discount their own...

Charter schools have become a very popular instrument for reforming public schools, because they expand choices, facilitate local innovation, and provide incentives for the regular public schools while remaining under public control. Despite their conceptual appeal, evaluating their performance...

The WHO defines vaccine hesitancy as one of the ten biggest threats to global health nowadays. To contribute to finding a solution for vaccine hesitancy, this study aims at gaining new insights on the influence of the default effect, anticipated regret, and decision roles on vaccination...

This paper will go into detail on a stock market simulation done by 352 different individuals. There was a cash prize for the participant who finished with the highest earned amount at the end of the simulation and each participant was asked a series of questions after they completed the...

This paper studies the effect of disclosing conflicts of interest on strategic communication when the sender has lying costs. I present a simple economic mechanism under which such disclosure often leads to more informative and, at the same time, also to more biased messages. This benefits...

In this brief essay I set out my views on the way in which competition assessments should be conducted so that they be consistent with the standard of proof in EU competition cases and Easterbrook’s error cost minimization principle. My goal is to develop a normative benchmark against which to...

Despite growing evidence of HRM-performance linkages, the department entrusted to implement High Performance Work Practices (HPWPs), the Human Resource function, is perceived to lack organizational power. Drawing on political perspectives on organizational behavior, we argue that the HR function...

This paper examines the cliams of Keir Starmer's election to the Labour Party leadership as a Blairite and neoliberal "restoration" by way of an examination of two of Starmer's key statements, namely his ten pledges in the party's February 2020 leadership contest, and his February 2021 "New...

Today’s global environmental business and socio-political contexts are increasingly volatile, uncertain, complex, and ambiguous (VUCA) and thus business leaders must increasingly focus more upon complex thinking skills and mindsets for improved decision-making. Reusing or recycling older...

A persistent argument against the transitivity assumption of rational choice theory postulates a repeatable action that generates a significant benefit at the expense of a negligible cost. No matter how many times the action has been taken, it therefore seems reasonable for a decision-maker to...

We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...

This paper joins a few very recent attempts to analyze migration in the awareness of the family context. In contrast to most of them, my focus is exclusively on the family context. The paper defines family ties relevant to migration decisions and explains their effects on the probability of...

Behavioral economics provides insights into how people process information and make decisions. It also helps to explain why and how people tend to make decisions that are not in their best interest, as opposed to what rational choice theory would suggest. This chapter provides an introduction to...

Purpose – This study aims to examine how embeddedness influences consultants’ information seeking when making decisions within a social network of relationships, and how these social networks evolve throughout the project delivery stages. The study is grounded in social network theory and...

This paper investigates the effect of firms’ investment in digitalization on tax-induced incomeshifting. We put forward a novel, micro-level digitalization index based on a survey monitoringEuropean firms’ digital technology usage. Our index captures if firms have implemented up tothree key...

This paper is concerned with how the effect of task complexity on behavioural error is better modelled and how the better performance of a stochastic model can be understood in a behavioural sense. Three behavioural error models are considered in this study; each accommodates the complexity...

In this paper, we study endogeneity problems in algorithmic decision-making where data and actions are interdependent. When there are endogenous covariates in a contextual multi-armed bandit model, a novel bias (self-fulfilling bias) arises because the endogeneity of the covariates spills over...

The Behavioral Theory of the Firm suggests that performance below aspirations triggers problemistic search that can lead to risk taking. This prediction has received empirical support from most studies on the topic. However, this literature has typically focused on the internal determinants of...

We present a pre-registered experiment testing the effects of three, high-payoff (up to $50,000) vaccine regret lotteries in Philadelphia. In each drawing, residents of a randomly selected “treatment” zip code received half of the 12 lottery prizes (boosting their chances to 59-98x those of...

It is obvious that making decisions is the major element of entrepreneurships activities and its inseparable component, and it shows itself in entrepreneur behavior. This research focused on personal factors analysis and the characteristics of an affective decision on entrepreneurs decisions of...