Hindsight Bias and Strategic Choice : Some Problems in Learning From Experience  

Oleh:

Connolly, Terry ; Bukszar, Ed

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Academy of Management Journal vol. 31 no. 3 (Sep. 1988), page 628-641.
Topik: STRATEGIC CHOICE THEORY; handsight bias; strategic choice; problems; learning; experience
Fulltext: AA36_31-03_Ed Bukszar.pdf (354.03KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: AA36.2 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Knowing eventual outcomes often distorts later reevaluations of initial decisions. Does training in strategic decision making overcome such bias ? In two experiments, advanced strategy students analyzing a complex business case were unable to ignore information concerning the outcomes of decisions made in a case and systematically distorted their evaluations of initial decisions and projections for the future. Research and practical implications are suggested.

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