"In recent years there has been increased interest in the effects of internal communication on decision processes. A number of hypotheses relating the bias in information to the final decision have been proposed. In this paper we discuss two laboratory experiments which were designed to test two such hypotheses. The first experiment tests the hypothesis that cost and sales estimations are made with the implicit assumption that a biased pay-off structure exists. The second experiment tests explicitly the effects of biased and unbiased pay-off structures on estimation within an organization. An analysis of the data for the two experiments is made and some implications for further research are drawn from the results."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Academics from the United StatesPeople from IndianaPsychologists from the United StatesHarvard University alumniBusiness theorists from the United States
Original Language: English
Available Languages (1)
Sources
Richard Cyert, James G. March, William H. Starbuck. (1961) "Two experiments on bias and conflict in organisational estimation," Management Science, 254–64; Abstract
https://en.wikiquote.org/wiki/William_H._Starbuck
Revision History
No revisions have been submitted for this quote.
Categories
William H. Starbuck
9 quotes on TrueQuotesView all quotes by William H. Starbuck →
Related Quotes
"“Organization theory,” a term that appeared in the middle of the twentieth century, has multiple meanings. When it fi…"
"Most of the time, organizations generate actions unreflectively and non-adaptively. To justify their actions, organiz…"
"Labeling a firm as knowledge-intensive implies that knowledge has more importance than other inputs."
"A knowledge-intensive firm may not be information intensive... Knowledge is a stock of expertise, not a flow of infor…"
"In deciding whether a firm is knowledge-intensive, one ought to weigh its emphasis on esoteric expertise instead of w…"
"Professionals identify strongly with their professions, more strongly than with their clients or their employers. The…"
"The history of organization theory contrasts with the history of managerial thought. When people began to compose tex…"
"Another forerunner of modern organization theorists was Andrew Ure, a professor of chemistry. An enthusiastic propone…"
"For him delicious flavors dwell In books as in old Muscatel."
"And in the evening, everywhere Along the roadside, up and down, I see the golden torches flare Like lighted street-la…"