Forschung, Entscheidung, Organisation

We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced by Smith, Suchanek and Williams (1988). We find that populating such markets with teams of size two instead of individuals significantly reduces the severity of mispricing. In...

Being the leader in a group often involves making risky decisions that affect the payoffs of all members, and the decision to take this responsibility in a group is endogenous in many contexts. In this paper, we experimentally study: (1) the willingness of men and women to make risky decisions...

This paper explores the effect of personality traits on: (1) the willingness to make risk-taking decisions on behalf of a group, (2) the nature of "choice shifts", i.e. the difference between the amount of risk taken in the group context and individually. Openness and agreeableness emerge as...

The allocation of decision-making authorities may be seen as the last link in a causal relationship starting from changes in environment and continuing to business strategy. Changes in task complexity, which can be measured by the introduction of a diversi ca- tion or an outsourcing strategy,...

Die Verteilung von Aufgaben und Entscheidungsrechten kann als letztes Element einer kausalen Wirkungskette gesehen werden, die bei Veränderungen der Umweltbedingungen beginnt und sich in der Firmenstrategie fortsetzt. Ziel des Forschungsprojekts war es, empirisch zu untersuchen, welche der...

Start-ups zeichnen sich durch limitierte personelle sowie finanzielle Ressourcen aus. Gleichzeitig sind sowohl Wachstumsambitionen als auch das Risiko zu scheitern groß. Daraus resultiert die Herausforderung, Tagesgeschäft, inkrementelle Innovationen und disruptive Neuerungen des Start-ups zu...