Managerial Decision-Making in Non-Market Environments: A Survey Experiment
In this paper we consider a number of experiments to determine whether aspiring managers can solve non-market strategy problems. Conducting a survey of nearly 300 MBA students, we show that with simple, single-stage problems, managers a...
| Main Authors: | , |
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| Language: | en_US |
| Published: |
2002
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/701 |
| _version_ | 1826211508099481600 |
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| author | De Figueiredo, John M. De Figueiredo, Rui J. P. Jr. |
| author_facet | De Figueiredo, John M. De Figueiredo, Rui J. P. Jr. |
| author_sort | De Figueiredo, John M. |
| collection | MIT |
| description | In this paper we consider a number of experiments to determine whether aspiring
managers can solve non-market strategy problems. Conducting a survey of nearly 300
MBA students, we show that with simple, single-stage problems, managers are very
competent in reaching the optimal choice given their non-market environment. As
problems become more complex, however, they have much greater difficulty in
arriving at the optimal result. In this regard, analysts must use some caution when
evaluating empirical results and applying theoretical results. |
| first_indexed | 2024-09-23T15:07:02Z |
| id | mit-1721.1/701 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T15:07:02Z |
| publishDate | 2002 |
| record_format | dspace |
| spelling | mit-1721.1/7012019-04-12T08:22:48Z Managerial Decision-Making in Non-Market Environments: A Survey Experiment De Figueiredo, John M. De Figueiredo, Rui J. P. Jr. Survey Experiment Decision-Making Managers In this paper we consider a number of experiments to determine whether aspiring managers can solve non-market strategy problems. Conducting a survey of nearly 300 MBA students, we show that with simple, single-stage problems, managers are very competent in reaching the optimal choice given their non-market environment. As problems become more complex, however, they have much greater difficulty in arriving at the optimal result. In this regard, analysts must use some caution when evaluating empirical results and applying theoretical results. 2002-06-07T18:42:58Z 2002-06-07T18:42:58Z 2002-06-07T18:43:08Z http://hdl.handle.net/1721.1/701 en_US MIT Sloan School of Management Working Paper;4246-02 341496 bytes application/pdf application/pdf |
| spellingShingle | Survey Experiment Decision-Making Managers De Figueiredo, John M. De Figueiredo, Rui J. P. Jr. Managerial Decision-Making in Non-Market Environments: A Survey Experiment |
| title | Managerial Decision-Making in Non-Market Environments: A Survey Experiment |
| title_full | Managerial Decision-Making in Non-Market Environments: A Survey Experiment |
| title_fullStr | Managerial Decision-Making in Non-Market Environments: A Survey Experiment |
| title_full_unstemmed | Managerial Decision-Making in Non-Market Environments: A Survey Experiment |
| title_short | Managerial Decision-Making in Non-Market Environments: A Survey Experiment |
| title_sort | managerial decision making in non market environments a survey experiment |
| topic | Survey Experiment Decision-Making Managers |
| url | http://hdl.handle.net/1721.1/701 |
| work_keys_str_mv | AT defigueiredojohnm managerialdecisionmakinginnonmarketenvironmentsasurveyexperiment AT defigueiredoruijpjr managerialdecisionmakinginnonmarketenvironmentsasurveyexperiment |