Category: Decision Making

The Best Things in Life are Free…Except Advice Apparently

Topic: Decision Making Publication: Organizational Behavior and Human Decision Processes Article: Do we listen to advice just because we paid for it? The impact of advice cost on its use. Blogger: Benjamin Granger Now, presumably, expensive advise is really good advice, right? I mean, if a consultant charges big bucks, then she

Job Descriptions: Lost in Translation?

Topic: Decision Making, Job analysis Publication: Personnel Psychology Article: The transportability of job information across countries. Blogger: Larry Martinez I have never seen such a long article with no punch line. Taylor, Kan Shi, and Borman, armed with data from four different countries and elaborate theory-based hypotheses were at the beginning of a great rags-to-riches story (think the first 45 minutes of any Mighty Ducks

Anything you can do, I can do better

Topic: Feedback, Decision Making Publication:  Organizational Behavior and Human Decision Processes Article: Use of absolute and comparative performance feedback in absolute and comparative judgments and decisions. Blogger:  James Grand Few people missed Michael Phelps’ performance during this past Summer Olympics—8 gold medals in 8 races, setting 7 world records in the process (the one race he didn’t get the world record?

I Think, Therefore You Act

Topic: Decision Making, Judgement Publication: Academy of Management Journal Article: Cognition, capabilities, and incentives: Assessing firm response to the fiber-optic revolution. Blogger: Katie Bachman Well, it’s sometimes good to confirm what we already know (lucky for this article).  In this case the learning is that he (or she) who is in charge makes the rules.  Looking at CEOs from 71 communications firms, Kaplan makes a link between the interest of

Watch Your Head! Ceteris Paribus is Falling!

Topic: Decision Making, Judgement Publication: Academy of Management Article: Resolving the commitment versus flexibility tradeoff: The role of resource accumulation lags. Blogger: Katie Bachman Ceteris paribus—all else equal—is the economist’s favorite term. It covers all manner of sins because, as we know in psychology, nothing is ever equal or same or whatever. It is the assumption of no variance and it is the mark of an economics article, which is