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Strategic Auditor Behavior and Going-Concern Decisions
Matsumura, Ella Mae; Subramanyam, K.R; Tucker, Robert R. - 2002
This paper analyzes a game theoretic model in which a client can potentially avoid a going concern opinion and its self fulfilling prophecy by switching auditors. Incumbent auditors are less willing to express a going concern opinion the more credible the client's threat of dismissal and the...
Persistent link: https://www.econbiz.de/10014113982
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Strategic Auditor Behavior and Going-Concern Decisions
Matsumura, Ella Mae; Subramanyam, K.R; Tucker, Robert R. - 2002
This paper analyzes a game theoretic model in which a client can potentially avoid a going concern opinion and its self fulfilling prophecy by switching auditors. Incumbent auditors are less willing to express a going concern opinion the more credible the client's threat of dismissal and the...
Persistent link: https://www.econbiz.de/10014119180
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Some Strategic Decision Problems in Networks
Holler, Manfred; Rupp, Florian - 2020
The following analysis demonstrates that network efficiency is a very delicate matter. Neither the restriction to suitable core-subnets, nor intelligent enlargements guarantee efficient results in any case. For instance, the numerical example in Myerson (1977) contains a prisoners’ dilemma...
Persistent link: https://www.econbiz.de/10014097796
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A Model of Strategic Decision Making Starting from Information Structure and Choices
Kadnikov, Danil; Wichardt, Philipp C. - 2022
Game Theory essentially deals with two types of representations of strategic interaction: normal form and extensive form games. In the present paper, we propose a third more abstract approach based only on the information structure and choices. Linking standard game representations to their...
Persistent link: https://www.econbiz.de/10013294015
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The Impact of Human Error Factors on Top Level Strategic Decision-Making : Evidence From the Mexican Steel Industry
Monroy, Fernando; Mendoza-Gómez, Joel - 2019
The strategic decision-making process is a keystone for companies to maintain their competitive advantage and prevail … in the future. The purpose of this work was to identify and understand human error factors in the strategic decision …, cognitive complexity, decision timing, and context. There is little experimental evidence to validate the impact of human error …
Persistent link: https://www.econbiz.de/10014111769
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Speed, quality, and the optimal timing of complex decisions : field evidence
Sunde, Uwe; Zēgners, Dainis; Strittmatter, Anthony - 2022
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …
Persistent link: https://www.econbiz.de/10012806643
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Speed, Quality, and the Optimal Timing of Complex Decisions : Field Evidence
Sunde, Uwe; Zēgners, Dainis; Strittmatter, Anthony - 2022
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …
Persistent link: https://www.econbiz.de/10013306854
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Better than Conscious? The Brain, the Psyche, Behavior, and Institutions
Engel, Christoph; Singer, Wolf - 2008
deliberate has evolved for good reason. But on many more tasks than one might think at first sight, intuitive decision-making, or …
Persistent link: https://www.econbiz.de/10014221658
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Limited attention in case-based belief formations
Bleile, Jörg - 2014
An agent wants to derive her belief over outcomes based on past observations collected in her database (memory). There is well establish evidence in the psychology and marketing literature that agents consistently fail (or choose not) to process all available information. An agent might be...
Persistent link: https://www.econbiz.de/10010403098
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Limited attention and choice
Kaiser, Karen - 2010
This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …
Persistent link: https://www.econbiz.de/10003962118