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We explore whether behavioral biases impede the effective processing and interpretation of soft information in private lending. Taking advantage of the internal reporting system of a large federal credit union, we delineate three important biases likely to affect the lending process: (1) limited...
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Nachdem in den vergangenen Jahren vor allem das anorganische Wachstum durch Mergers & Acquisitions im Mittelpunkt des Interesses von Wissenschaft und Praxis stand, trägt das vorliegende Werk dazu bei, das Erkenntnisdefizit zu organischem Wachstum internationaler Unternehmen zu reduzieren. Es...
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The winner's curse is a well-known deviation from rational self-interest in decision-making under asymmetric … of the decision task, nor level-k thinking, nor a disability to infer information from others' actions (Charness and …
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Informational asymmetries abound in economic decision making and often provide an incentive for deception through … where teams make decisions. -- deception ; expectations ; team decision making ; individual decision making ; experiment …
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