Showing 111 - 120 of 2,147
There is increasing agreement that understanding complexity is important for project management because of difficulties … associated with decision-making and goal attainment which appear to stem from complexity. However the current operational … complexity can be measured in a robust manner that takes account of structural, dynamic and interaction elements. Thematic …
Persistent link: https://www.econbiz.de/10009437938
recent years has introduced new challenges. One challenge concerns dealing with the ever-growing complexity of business … process models. Mechanisms for dealing with this complexity can be classified into two categories: i) those that are solely …
Persistent link: https://www.econbiz.de/10009438242
accompanied by an increase in language complexity. In practice many organizations choose to only use a subset of the available … restriction affects the expressiveness and complexity of the resulting modeling vocabulary. We compare our empirical findings with …
Persistent link: https://www.econbiz.de/10009438265
complex projects. At the same time, complexity in and of projects has emerged as a theme for discussion and debate in response … projects and project complexity in practice. This paper reports on research, undertaken with support from the Project … landscape of “complexity theory” and illuminating those developments within it that have high relevance to project management …
Persistent link: https://www.econbiz.de/10009441803
It has been suggested that the nature of the task within a multi-attribute multi-alternative choice experiment may be sufficiently complex to make it difficult for individuals to develop response strategies to strategically bias their answers. This experiment tested that hypothesis by setting...
Persistent link: https://www.econbiz.de/10009442737
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 …
Persistent link: https://www.econbiz.de/10009447469
Using Simon's concept of nested hierarchies, this paper advances a new synthesis for understanding how and why the discontinuous change processes of punctuated equilibrium may occur in socio-economic settings. A. key concept is the nested, multilevel organization of 'deep structure', the order...
Persistent link: https://www.econbiz.de/10009448283
Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10010262772
This paper introduces a new theoretic entity, a nominalist heuristic, defined as a focus on prominent numbers, indices or ratios. Abstractions used in the evaluation stage of decision making typically involve nominalist heuristics that are incompatible with expected utility theory which excludes...
Persistent link: https://www.econbiz.de/10010270023
The prior paper in this sequel, Pope (2009) introduced the concept of a nominalist heuristic, defined as a focus on prominent numbers, indices or ratios. In this paper the concept is used to show three things in how scientists and practitioners analyse and evaluate to decide (conclude). First,...
Persistent link: https://www.econbiz.de/10010274186