<DIV>With more than half the papers new to this book, the fourth edition of <I>Readings in Managerial Psychology </I>represents a substantial revision of this popular text. This edition focuses more than ever on the managing process, both within and between organizations, and such "soft" issues as managing...</i></div>

This paper is concerned with the effect of the voting rule adopted by a capital budgeting committee on the allocation of resources among divisions. The results of a laboratory experiment indicate that different voting rules have different characteristics measured in terms of the size of the...