Human Fallibility and Sequential Decision-Making: Hierarchy Versus Polyarchy
Decisions in organizations are often jointly made by individuals whose interests need not coincide. Even if they do, the quality of the decision depends crucially on the manner in which individual opinions are aggregated. This paper develops a model to analyse joint decision-making in large organiza...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
1992
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/188 |
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| Institution: | Singapore Management University |
| Language: | English |
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