-ante. We formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made … by professional football coaches. We find they are more likely to revise their strategy after a loss than a win - even … a loss was expected, and the offensive strategy is revised even when failure is attributable to the defense. These …

Strategy-foundations and perspectives -- What is first principles thinking? -- High-level strategic analysis -- Micro … -- Strategy praxis-perspectives and reflections. …This book introduces a different approach to thinking about and engaging with strategy in the practice field. The …