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Facing reality in real time -- Vigilant organizations -- Managing organizational attention -- Sensing weak signals -- Tackling ambiguity -- Timely action -- Vigilance : an agenda for action -- Forewarned is forearmed: five lessons about vigilance -- Appendix A: A diagnostic tool to assess...
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This paper examines experimentally the nature of people's risk-attitudes across different payoff domains and response modes. Only simple gambles are examined, entailing just two monetary outcomes. The main issue of interest is to what extent risk-preferences in one domain or response mode...
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Utility functions are an important component of normative decision analysis, in that they characterize the nature of people's risk-taking attitudes. In this paper we examine various factors that make it difficult to speak of the utility function for a given person. Similarly we show that it is...
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