Effects of Conflicting Analyses on Managerial Decision Making: A Laboratory Experiment

Researchers in a variety of disciplines have recommended the use of multiple conflicting data analyses to improve managerial decision making through the challenging of assumptions. This study deals with the effects of single data analyses and conflicting analyses on managers' solutions to a cas...

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Bibliographic Details
Main Authors: Schwenk, Charles R., THOMAS, Howard
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1983
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3862
https://doi.org/10.1111/j.1540-5915.1983.tb00200.x
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Institution: Singapore Management University
Language: English
Description
Summary:Researchers in a variety of disciplines have recommended the use of multiple conflicting data analyses to improve managerial decision making through the challenging of assumptions. This study deals with the effects of single data analyses and conflicting analyses on managers' solutions to a case analysis task. Results showed that managers who received conflicting analyses produced solutions with higher expected profits than those who received single analyses. Implications for the use of analytic decision aids are noted.