Escalation Bias in Group Decision-making

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Escalation Bias in Group Decision-making by : Molly JoAnn Russ

Download or read book Escalation Bias in Group Decision-making written by Molly JoAnn Russ and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Escalation of Commitment in Decision Making Groups

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Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (381 download)

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Book Synopsis The Escalation of Commitment in Decision Making Groups by : Kristina M. Moster

Download or read book The Escalation of Commitment in Decision Making Groups written by Kristina M. Moster and published by . This book was released on 1997 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Analyzing the Role of Cognitive Biases in the Decision-Making Process

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Publisher : IGI Global
ISBN 13 : 1522529799
Total Pages : 274 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Analyzing the Role of Cognitive Biases in the Decision-Making Process by : Juárez Ramos, Verónica

Download or read book Analyzing the Role of Cognitive Biases in the Decision-Making Process written by Juárez Ramos, Verónica and published by IGI Global. This book was released on 2018-11-16 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision making or making judgments is an essential function in the ordinary life of any individual. Decisions can often be made easily, but sometimes, it can be difficult due to conflict, uncertainty, or ambiguity of the variables required to make the decision. As human beings, we constantly have to decide between different activities such as occupational, recreational, political, economic, etc. These decisions can be transcendental or inconsequential. Analyzing the Role of Cognitive Biases in the Decision-Making Process presents comprehensive research focusing on cognitive shortcuts in the decision-making process. While highlighting topics including jumping to conclusion bias, personality traits, and theoretical models, this book is ideally designed for mental health professionals, psychologists, sociologists, managers, academicians, researchers, and upper-level students seeking current research on cognitive biases that affect individual decision making in daily life.

The Handbook of Behavioral Operations

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Publisher : John Wiley & Sons
ISBN 13 : 1119138302
Total Pages : 688 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis The Handbook of Behavioral Operations by : Karen Donohue

Download or read book The Handbook of Behavioral Operations written by Karen Donohue and published by John Wiley & Sons. This book was released on 2018-11-06 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of behavioral operations management that puts the focus on new and trending research in the field The Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research. The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research. Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing. Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust. Connects existing bodies of behavioral operations literature with related fields, including psychology and economics. Provides a vision for future behavioral research in operations. Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.

Report of the Mid Staffordshire NHS Foundation Trust Public Inquiry

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Publisher : The Stationery Office
ISBN 13 : 9780102981476
Total Pages : 126 pages
Book Rating : 4.9/5 (814 download)

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Book Synopsis Report of the Mid Staffordshire NHS Foundation Trust Public Inquiry by : Mid Staffordshire NHS Foundation Trust Public Inquiry

Download or read book Report of the Mid Staffordshire NHS Foundation Trust Public Inquiry written by Mid Staffordshire NHS Foundation Trust Public Inquiry and published by The Stationery Office. This book was released on 2013-02-06 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This public inquiry report into serious failings in healthcare that took place at the Mid Staffordshire NHS Foundation Trust builds on the first independent report published in February 2010 (ISBN 9780102964394). It further examines the suffering of patients caused by failures by the Trust: there was a failure to listen to its patients and staff or ensure correction of deficiencies. There was also a failure to tackle the insidious negative culture involving poor standards and a disengagement from managerial and leadership responsibilities. These failures are in part a consequence of allowing a focus on reaching national access targets, achieving financial balance and seeking foundation trust status at the cost of delivering acceptable care standards. Further, the checks and balances that operate within the NHS system should have prevented the serious systemic failure that developed at Mid Staffs. The system failed in its primary duty to protect patients and maintain confidence in the healthcare system. This report identifies numerous warning signs that could and should have alerted the system to problems developing at the Trust. It also sets out 290 recommendations grouped around: (i) putting the patient first; (ii) developing a set of fundamental standards, easily understood and accepted by patients; (iii) providing professionally endorsed and evidence-based means of compliance of standards that are understood and adopted by staff; (iv) ensuring openness, transparency and candour throughout system; (v) policing of these standards by the healthcare regulator; (vi) making all those who provide care for patients , properly accountable; (vii) enhancing recruitment, education, training and support of all key contributors to the provision of healthcare; (viii) developing and sharing ever improving means of measuring and understanding the performance of individual professionals, teams, units and provider organisations for the patients, the public, and other stakeholders.

Elimination of the Hindsight Bias in Individual Versus Group Decision Making

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Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.:/5 (47 download)

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Book Synopsis Elimination of the Hindsight Bias in Individual Versus Group Decision Making by : Holly Anne Sindelar

Download or read book Elimination of the Hindsight Bias in Individual Versus Group Decision Making written by Holly Anne Sindelar and published by . This book was released on 2000 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Biases in Human Judgement and Decision-Making. How to Improve the Quality of Decisions

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Publisher : GRIN Verlag
ISBN 13 : 3346744515
Total Pages : 16 pages
Book Rating : 4.3/5 (467 download)

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Book Synopsis Biases in Human Judgement and Decision-Making. How to Improve the Quality of Decisions by : Martin Henschelchen

Download or read book Biases in Human Judgement and Decision-Making. How to Improve the Quality of Decisions written by Martin Henschelchen and published by GRIN Verlag. This book was released on 2022-10-17 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Business economics - Business Management, Corporate Governance, grade: 1.3, University of Western Sydney (School of Engineering, Design and Build Environment), language: English, abstract: A project's success depends mainly on the quality of the decisions. The influences on human judgments and decisions and how to reduce or avoid them are described in the following chapters. To successfully realise large-scale projects, the responsible decision-makers use project management instruments. The goal is to realise the project and its previously defined functionalities within a given time and budget. Although in project management, all the individual specifications of a project must be taken into account, generally applicable strategies have been established in recent years that can reduce the complexity, uncertainty and risks of a project. The process model, according to Hobel and Schütte, describes the project process in three phases: Project definition, project implementation, and project completion. The first phase is about project definition. Based on an analysis of the initial conditions, i.e. of the project object and environment, a clear, complete, measurable, realisable and scheduled project goal is defined. In a risk analysis, the likelyhood of occurrence and expected damage of certain risks are identified, and preventive and countermeasures for the event of occurrence are defined. In the second phase, individual contracts for the project realisation are awarded and carried out. The project’s progress is constantly monitored by project controlling and risk management using an internal control system. The project conclusion marks the last phase of a project. After completing all work, the project manager presents the work result to the client. The client reviews it with regard to the achievement of objectives and formally accepts it. The experience and knowledge gained are saved and flow back into new project processes in the form of suggestions for improvement and lessons learned. The project’s outcome depends on the management decisions of the project participants in the individual project phases. Decisionmaking in large-scale projects is shaped by the complexity of the project itself, dynamic relationships between the individual actors, the market, the environment and, above all, by the systematic nature of the decision-making processes in the face of limited rationality.

The Polythink Syndrome

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Publisher : Stanford University Press
ISBN 13 : 0804796777
Total Pages : 201 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis The Polythink Syndrome by : Alex Mintz

Download or read book The Polythink Syndrome written by Alex Mintz and published by Stanford University Press. This book was released on 2016-01-20 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do presidents and their advisors often make sub-optimal decisions on military intervention, escalation, de-escalation, and termination of conflicts? The leading concept of group dynamics, groupthink, offers one explanation: policy-making groups make sub-optimal decisions due to their desire for conformity and uniformity over dissent, leading to a failure to consider other relevant possibilities. But presidential advisory groups are often fragmented and divisive. This book therefore scrutinizes polythink, a group decision-making dynamic whereby different members in a decision-making unit espouse a plurality of opinions and divergent policy prescriptions, resulting in a disjointed decision-making process or even decision paralysis. The book analyzes eleven national security decisions, including the national security policy designed prior to the terrorist attacks of 9/11, the decisions to enter into and withdraw from Afghanistan and Iraq, the 2007 "surge" decision, the crisis over the Iranian nuclear program, the UN Security Council decision on the Syrian Civil War, the faltering Kerry Peace Process in the Middle East, and the U.S. decision on military operations against ISIS. Based on the analysis of these case studies, the authors address implications of the polythink phenomenon, including prescriptions for avoiding and/or overcoming it, and develop strategies and tools for what they call Productive Polythink. The authors also show the applicability of polythink to business, industry, and everyday decisions.

Billion Dollar Lessons

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Publisher : Penguin
ISBN 13 : 1440630100
Total Pages : 324 pages
Book Rating : 4.4/5 (46 download)

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Book Synopsis Billion Dollar Lessons by : Paul B. Carroll

Download or read book Billion Dollar Lessons written by Paul B. Carroll and published by Penguin. This book was released on 2008-09-11 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: ”This book is your chance to learn from others’ mistakes.”-- Entrepreneur In the 1960s, IBM CEO Tom Watson called an executive into his office after his venture lost $10 million. The man assumed he was being fired. Watson told him, “Fired? Hell, I spent $10 million educating you. I just want to be sure you learned the right lessons.” There are thousands of books about successful companies but virtually none about the lessons to be learned from those that crash and burn. Now Paul Carroll and Chunka Mui draw on research into more than 750 flameouts to reveal the seven biggest reasons for business failure.

Effects of Authentic and Contrived Dissent on Escalation of Commitment in Group Decision Making

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (93 download)

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Book Synopsis Effects of Authentic and Contrived Dissent on Escalation of Commitment in Group Decision Making by : T. et al Greitemeyer

Download or read book Effects of Authentic and Contrived Dissent on Escalation of Commitment in Group Decision Making written by T. et al Greitemeyer and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Judgment in Managerial Decision Making

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Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Judgment in Managerial Decision Making by : Max H. Bazerman

Download or read book Judgment in Managerial Decision Making written by Max H. Bazerman and published by . This book was released on 1998 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merges behavioural decision research into the organizational context by providing managerial examples and examining judgement. The book first introduces the micro perspective (chapters 2-6) and then builds on this base when introducing multi-party contexts (chapters 7-9).

Overcoming Cognitive Biases in Strategic Management and Decision Making

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Publisher : IGI Global
ISBN 13 :
Total Pages : 309 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Overcoming Cognitive Biases in Strategic Management and Decision Making by : Siniksaran, Enis

Download or read book Overcoming Cognitive Biases in Strategic Management and Decision Making written by Siniksaran, Enis and published by IGI Global. This book was released on 2024-02-12 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: The persistent presence of cognitive biases has influenced rational decisions and strategic management since the 1970s. These prejudiced errors in judgment, often systematic and predictable, breach the foundational assumptions of economic theory, leading to dire consequences such as social inequality, financial collapse, and governmental inefficiency. Even the brightest minds are not immune, making it crucial to address these biases head-on. Overcoming Cognitive Biases in Strategic Management and Decision Making unravels the complex tapestry of biases that infiltrate decision-making processes at all levels. From social injustice biases and reasoning errors to action-inaction and social biases, the book confronts the myriad of ways that biases manifest in critical moments. These pose a significant threat to sound decision-making in various fields, impacting professionals ranging from judges and doctors to public officials. The repercussions of unchecked biases are far-reaching, leading to flawed outcomes that echo through society. The urgent need for a strategic response to mitigate these biases and enhance decision-making processes forms the crux of the problem this book seeks to address.

A Theory of Cognitive Dissonance

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Publisher : Stanford University Press
ISBN 13 : 9780804709118
Total Pages : 308 pages
Book Rating : 4.7/5 (91 download)

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Book Synopsis A Theory of Cognitive Dissonance by : Leon Festinger

Download or read book A Theory of Cognitive Dissonance written by Leon Festinger and published by Stanford University Press. This book was released on 1962 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published: Evanston, Ill.: Row, Peterson, c1957.

Wiser

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Publisher : Harvard Business Press
ISBN 13 : 1422122999
Total Pages : 274 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Wiser by : Cass R. Sunstein

Download or read book Wiser written by Cass R. Sunstein and published by Harvard Business Press. This book was released on 2015 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: "We've all been involved in group decisions--and they're hard. And they often turn out badly. Why? Many blame bad decisions on 'groupthink' without a clear idea of what that term really means. Now, Nudge coauthor Cass Sunstein and leading decision-making scholar Reid Hastie shed light on the specifics of why and how group decisions go wrong--and offer tactics and lessons to help leaders avoid the pitfalls and reach better outcomes"--Dust jacket flap.

Modeling Human and Organizational Behavior

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Publisher : National Academies Press
ISBN 13 : 0309523893
Total Pages : 433 pages
Book Rating : 4.3/5 (95 download)

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Book Synopsis Modeling Human and Organizational Behavior by : Panel on Modeling Human Behavior and Command Decision Making: Representations for Military Simulations

Download or read book Modeling Human and Organizational Behavior written by Panel on Modeling Human Behavior and Command Decision Making: Representations for Military Simulations and published by National Academies Press. This book was released on 1998-08-14 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulations are widely used in the military for training personnel, analyzing proposed equipment, and rehearsing missions, and these simulations need realistic models of human behavior. This book draws together a wide variety of theoretical and applied research in human behavior modeling that can be considered for use in those simulations. It covers behavior at the individual, unit, and command level. At the individual soldier level, the topics covered include attention, learning, memory, decisionmaking, perception, situation awareness, and planning. At the unit level, the focus is on command and control. The book provides short-, medium-, and long-term goals for research and development of more realistic models of human behavior.

The Role of Group Decision-making Biases in the Strategic Management Process

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (953 download)

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Book Synopsis The Role of Group Decision-making Biases in the Strategic Management Process by : Malte Schubert

Download or read book The Role of Group Decision-making Biases in the Strategic Management Process written by Malte Schubert and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Behavioral Biases and Group Decision

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Publisher :
ISBN 13 : 9780355864922
Total Pages : 107 pages
Book Rating : 4.8/5 (649 download)

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Book Synopsis Behavioral Biases and Group Decision by : Peter L. Towbin

Download or read book Behavioral Biases and Group Decision written by Peter L. Towbin and published by . This book was released on 2018 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human behavioral biases are a topic of great importance within the field of economics, but they also are of significance for a broad range of human endeavors. Within economics we most often encounter these biases in puzzling patterns of individual behavior, as in insurance purchases, affinity for gambling, or stock portfolio choices. But, behavioral biases are also thought to play an important role in many critical aggregate phenomena, from market swings to partisan political deadlock. This thesis presents a model for how several of these biases may have arisen together during evolution and suggests that individual biases are intricately linked to the dynamics of group decision making: 1) confirmation bias acts as a stabilizing influence when individuals provide input to group decisions, holding their input steady in the face of rival motives or distracting information; 2) group decisions tend to accentuate belief polarization; and 3) probability weighting, when seen through this evolutionary lens, simply undoes the polarization that occurred when the shared belief was acquired. The final chapter presents an experiemental approach to overcoming behavioral biases in the context of deliberative democracy. Small group dialog often triggers biases that lead to belief polarization, but when properly structured, participants coalesce around causal knowledge of the problem domain, rather than entrenched conceptions of the solution.