Organisations may allocate significant decision rights to manager-owned entreprises because it may be more efficient and feasible to commit to such an action. A particular instance of such a delegation of decision rights is franchising.

This paper seeks to offer new insights into the behavioral origins of the 'favourite-longshot' bias- an established feature of betting markets, whereby longshots win less often than the subjective probabilities imply and favourites more often. This study analyses a new data source which offers...

The technique of ABC has been widely adopted by universities in the UK, with the assumption that the more accurate identification of costs makes them more manageable. It is the purpose of this paper to consider this question of manageability through identification and allocation in the...

The objective of this paper is to explore the extent to which human judgement and resultant decision-making in a natural setting reflects the performance characteristics suggested by experimental work. in order to explore the quality of decisions made in a natural setting, an analysis is...