Overconfidence bias in decision-making at different levels of management Dov Paluch 10646656 A research project submitted to the Gordon Institute of Business Science‚ University of Pretoria in partial fulfilment of the requirements for the degree of Master of Business Administration 9 November 2011 © University of Pretoria Copyright © 2012‚ University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted
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References: Ashcroft‚ S. (2004). Commercial Negotiation Skills. Industrial and Commercial Training‚ 36‚ 229-233. Bazerman‚ M. H.‚ Curhan‚ J. R.‚ Moore‚ D. A.‚ Valley‚ K. L. Negotiation (2000). Annual Review of Psychology‚ 51‚ 279-314 Bouckenooghe‚ D.‚ Vanderheyden‚ K.‚ Mestdagh S.‚ Van Laethem‚ S Bratkovic‚ B. (2010). Managing Conflict. Government Finance Review‚ 51-53. Clarke‚ N
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References: Bazerman and Tenbrunsel (2011). Ethical breakdowns. Harvard Business Review‚ 89(4):58-65. Caldwell‚ C.‚ Hayes‚ L.‚ Bernal‚ P.‚ & Karri‚ R. (2008). Ethical Stewardship – Implications for Leadership and Trust. Journal of Business Ethics‚ 78(1/2)‚ 153-164
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emphasizes logic and requires the questioning of assumptions; therefore‚ it can challenge people ’s biases and prejudices and cause students discomfort."(Eichhorn‚ 2001‚ p.4). "Judgment refers to cognitive aspects of the decision-making process." (Bazerman‚ 2002‚ p.2). Life can be viewed as a constant series of decisions. Only by making rational decisions does one "take charge" of their lives. Some decisions seem unimportant but are important. For example‚ every minute or two we answer‚ by our behavior
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Committee‚ there were noted instances of the availability heuristic among many of the members of the group. This heuristic occurs when people access the likely cause of an event based upon information that is readily available in their memories. (Bazerman‚
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Cited: Bazerman‚ M. (1990). Biases. Managerial Decision Making‚ 12-45‚ 12-47. Bazerman‚ M. and Gillespie‚ J. (1999). Betting on the Future: The Virtues of Contingent Contracts. Harvard Business Review‚ 3-8. Fisher‚ R.‚ Ury‚ W.‚ & Patton‚ B. (1991). Getting to Yes‚ New York‚ NY: Penguin Group. Leritz
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Bibliography: Barber‚ E‚ ‘WHO Pillories Drug Industry on Failure to Develop Ebola Vaccine’ Times (4 Nov 2014)‚ from: http://time.com/3555706/who-ebola-vaccine-pharmaceutical-industry-margaret-chan/ accessed 1 November 2014 Bazerman‚ M BBC (2014)‚ ‘Why Ebola is so dangerous’‚ from: http://www.bbc.co.uk/news/world-africa-26835233 BBC (n.d.)‚ ‘Vietnam War: History’‚ from: http://news.bbc.co.uk/1/shared/spl/hi/asia_pac/05/vietnam_war/html/introduction.stm‚ accessed 4 November 2014
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6 Academy of Management Perspectives February E X C H A N G E Goals Gone Wild: The Systematic Side Effects of Overprescribing Goal Setting by Lisa D. Ordonez‚ Maurice E. Schweitzer‚ Adam D. Galinsky‚ and Max H. Bazerman ´˜ Executive Overview Goal setting is one of the most replicated and influential paradigms in the management literature. Hundreds of studies conducted in numerous countries and contexts have consistently demonstrated that setting specific‚ challenging
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Cited: Bazerman‚ Charles. “A Relationship between Reading and Writing: The Conversational Model.” College English 41.6 (1980)‚ 656-661. Craik‚ Fergus I. M. “ Memory Changes in Normal and Pathological Aging.” Canadian Journal of Psychiatry 53.6 (2008): 343-345
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Science defines human life as a characteristic that exhibit a process with organization‚ growth‚ adaptation‚ etc.; however‚ ancient sages told people human life is extremely valuable and sacred‚ as a religious doctrine in the Ten Commandments: “Thou shalt not kill.” Moreover‚ when people talk about ethics‚ they will think about rules to differentiate right and wrong. It might be wise maxims of Confucius or religious beliefs. The most general way to define “ethics” is that “moral principles that govern
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