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We investigate the decision heuristics used by experts to forecast that early-stage ventures are subsequently … flaws and positive factors to arrive at a forecast. A conjunctive model is used to describe their process, which sums "good …
Persistent link: https://www.econbiz.de/10009197499
While behavioral research on forecasting has mostly examined the individual forecaster, organizationally-based forecasting processes typically tend to rely on groups with members from different functional areas for arriving at ‘consensus’ forecasts. The forecasting performance could also...
Persistent link: https://www.econbiz.de/10011051406
We develop a belief-based account of decision under uncertainty. This model predicts decisions under uncertainty from … violate the partition inequality implied by the classical theory of decision under uncertainty. …
Persistent link: https://www.econbiz.de/10009214756
and judgment in the face of uncertainty is the main contribution of this paper to the literature. … judgment in decision-making and risk management. The concept of risk management is explained with an example of programme … management, and education, this paper presents a framework of theory, empirical evidence, and judgment to understand decision …
Persistent link: https://www.econbiz.de/10010670314
Narrative approaches to analyzing risks seek to identify the variables critical to creating and controlling a risk, then to instantiate them in terms of coherent themes (e.g., organizational failure, strategic surprise). Computational approaches to analyzing risks seek to identify the same...
Persistent link: https://www.econbiz.de/10005709763
makers' mental representations of the alternatives, measured with both verbal and nonverbal judgment probes. We found that …, however, remained even when accounting for this judgment distortion and the effects of sampling bias. Indeed, participants …
Persistent link: https://www.econbiz.de/10008497636
After ten years of unprecedented increases in both prices and activity levels, the Irish housing market has entered a period of significant decline. In 2007, Irish house prices, for the first time in recent history, experienced negative growth rates. Similarly, rates of house building began to...
Persistent link: https://www.econbiz.de/10009221695
Проблемы надежности прогнозов экономического развития являются основополагающими при формировании стратегических документов любого уровня. Очевидно, что ни...
Persistent link: https://www.econbiz.de/10011226080
After ten years of unprecedented increases in both prices and activity levels, the Irish housing market has entered a period of significant decline. In 2007, Irish house prices, for the first time in recent history, experienced negative growth rates. Similarly, rates of house building began to...
Persistent link: https://www.econbiz.de/10008603356
The forecast of water demand suppose the foresight of water demand based on information processing using special … statistical procedures. The forecast of water demand for the population is made for three forecast scenarios depending on … fertility rate. To achieve the forecast of water demand for the population was applied "The forecast methodology of water demand …
Persistent link: https://www.econbiz.de/10011185665