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sensemaking offers insight into the way boards went about the task of understanding organisational performance. Board influence on …
Persistent link: https://www.econbiz.de/10009438367
participants, who engage in discourse as a sensemaking mechanism to reduce this uncertainty and eventually either accept or reject … sensemaking mechanism when confronted by uncertainty surrounding new products by firms. However, little is known regarding the … that discourse can act as a sensemaking mechanism when new products are relatively more novel than prior phones, but that …
Persistent link: https://www.econbiz.de/10009450809
between standardization and customization. A socio-cognitive sensemaking framework consisting of six core properties provides … ineffective, as these initiatives put added pressure on the sensemaking processes responsible for guiding collective action. Our … offers valuable insight for practicing managers. …
Persistent link: https://www.econbiz.de/10009463389
Meader 1993). Weick's (1995) concept of sensemaking is believed to help us to deal with this complexity. In his work with … Meader (1993) he wonders what the effects of a sensemaking support system would have, but he does not have the answer because … that have called for sensemaking and human intuition to be included in our information systems. This is accomplished by …
Persistent link: https://www.econbiz.de/10009431119
the distortion of outcome and probability information in risky decisions or the effects of ambiguity on information … ambiguity by describing outcomes and probabilities using either point estimates or ranges of values. Results replicated those of … Study 1, with no effects of ambiguity on information distortion. …
Persistent link: https://www.econbiz.de/10009440971
the distortion of outcome and probability information in risky decisions or the effects of ambiguity on information …, we manipulated ambiguity by describing outcomes and probabilities using either point estimates or ranges of values …. Results replicated those of Study 1, with no effects of ambiguity on information distortion. …
Persistent link: https://www.econbiz.de/10009441297
of success, expected payoffs, the level of ambiguity regarding success, and preferences to compete. I explore the effects … unique experiment design to measure ambiguity aversion, which can be modified to also control for risk aversion. A measure of … ambiguity aversion has value as individuals in labor markets have ambiguous signals about their probabilities of success in …
Persistent link: https://www.econbiz.de/10009447391
with a probability distribution. Consequently, they do not allow for Knightian uncertainty, or ambiguity, with respect to … accident risk and cannot accommodate optimism (ambiguity loving) or pessimism (ambiguity aversion). This paper presents a … unilateral accident model under ambiguity. To incorporate ambiguity, I adopt the Choquet expected utility framework and represent …
Persistent link: https://www.econbiz.de/10009466424
This thesis deals with decision making under ambiguity. Ambiguity refers to situations in which probabilities for … studied phenomenon, then, first of all, there is an ample empirical evidence confirming ambiguity-sensitive behavior, and … nature of ambiguity-sensitive behavior in the context of static, dynamic and interpersonal decision problems. For this …
Persistent link: https://www.econbiz.de/10009476201
Bayesian updating. The essays consider, respectively, ambiguity, and information cascades, in environments in which limitations … explicitly considered.Decision making under ambiguity has been of interest to economists since the 1920's (Knight (1921), Keynes … ambiguity attitudes using a within subject design across individual choice and market environments. The evidence favors …
Persistent link: https://www.econbiz.de/10009450711