A Behavioral Decision Making Perspective on Organizational Inefficiencies

This symposium uses a behavioral decision making perspective to uncover previously unrecognized pitfalls in management. Three presentations document novel shortcomings of managers' decision making (e.g., over-optimism about the final chosen option, insensitivity to sample size, and mismanaging employees' labor supply), and of organizational structures and policies (e.g., resetting good performers' performance record, deliberative personnel...