financial conglomerates. We conjecture and provide evidence that the organizational complexity of the family of a bank is a … are very much determined by the structure of the organizations the banks belong to. The complexity of the conglomerate can …

degrees of complexity. Up to now, it has been unclear whether and how different settings of complexity impact path …-dependent processes and the probability of lock-in. In this paper we investigate the relationship between environmental complexity and … chronological sequences, the study explores the impact of complexity on decision-making processes. The results contribute to both …

We examine experimentally the effect of complexity on individual decision making. We focus on credit choices, as they … have been widely criticized for their complexity in recent years. In a first study, we find that complexity in benefits … leads to random mistakes, while complexity in costs leads to a specific mistake: choosing a high-benefit loan, with very …