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Modeling managerial behavior--misperceptions of feedback in a dynamic decisionmaking experiment

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  • Sterman, John

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  • Sterman, John, 1987. "Modeling managerial behavior--misperceptions of feedback in a dynamic decisionmaking experiment," Working papers 1933-87., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    • Handle: RePEc:mit:sloanp:2184
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    1. Einhorn, Hj & Hogarth, Rm, 1981. "Behavioral Decision-Theory - Processes Of Judgment And Choice," Journal of Accounting Research, Wiley Blackwell, vol. 19(1), pages 1-31.
    2. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-955, December.
    3. Frankel, Jeffrey A & Froot, Kenneth A, 1987. "Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations," American Economic Review, American Economic Association, vol. 77(1), pages 133-153, March.
    4. Sterman, John D., 1985. "A behavioral model of the economic long wave," Journal of Economic Behavior & Organization, Elsevier, vol. 6(1), pages 17-53, March.
    5. John D. Sterman, 1987. "Testing Behavioral Simulation Models by Direct Experiment," Management Science, INFORMS, vol. 33(12), pages 1572-1592, December.
    6. Zeckhauser, Richard, 1986. "Behavioral versus Rational Economics: What You See Is What You Conquer: Comments," The Journal of Business, University of Chicago Press, vol. 59(4), pages 435-449, October.
    7. Morecroft, John DW, 1983. "System dynamics: Portraying bounded rationality," Omega, Elsevier, vol. 11(2), pages 131-142.
    8. Slovic, Paul & Lichtenstein, Sarah, 1983. "Preference Reversals: A Broader Perspective," American Economic Review, American Economic Association, vol. 73(4), pages 596-605, September.
    9. Coleman, James S, 1986. "Psychological Structure and Social Structure in Economic Models," The Journal of Business, University of Chicago Press, vol. 59(4), pages 365-369, October.
    10. William Edward Remus, 1978. "Testing Bowman's Managerial Coefficient Theory Using a Competitive Gaming Environment," Management Science, INFORMS, vol. 24(8), pages 827-835, April.
    11. Sterman, John, 1987. "Misperceptions of feedback in dynamic decisionmaking," Working papers 1899-87., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    12. Grether, David M & Plott, Charles R, 1979. "Economic Theory of Choice and the Preference Reversal Phenomenon," American Economic Review, American Economic Association, vol. 69(4), pages 623-638, September.
    13. Robin M. Hogarth & Spyros Makridakis, 1981. "The Value of Decision Making in a Complex Environment: An Experimental Approach," Management Science, INFORMS, vol. 27(1), pages 93-107, January.
    14. John D. W. Morecroft, 1985. "Rationality in the Analysis of Behavioral Simulation Models," Management Science, INFORMS, vol. 31(7), pages 900-916, July.
    15. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
    16. Simon, Herbert A., 1984. "On the behavioral and rational foundations of economic dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 5(1), pages 35-55, March.
    17. Phelps Brown, E H, 1972. "The Underdevelopment of Economics," Economic Journal, Royal Economic Society, vol. 82(325), pages 1-10, March.
    18. Roger I. Hall, 1984. "The Natural Logic of Management Policy Making: Its Implications for the Survival of an Organization," Management Science, INFORMS, vol. 30(8), pages 905-927, August.
    19. Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," The Journal of Business, University of Chicago Press, vol. 59(4), pages 251-278, October.
    20. Jeffrey A. Frankel & Kenneth A. Froot, 1985. "Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations," NBER Working Papers 1672, National Bureau of Economic Research, Inc.
    21. E. H. Bowman, 1963. "Consistency and Optimality in Managerial Decision Making," Management Science, INFORMS, vol. 9(2), pages 310-321, January.
    22. Leontief, Wassily, 1971. "Theoretical Assumptions and Nonobserved Facts," American Economic Review, American Economic Association, vol. 61(1), pages 1-7, March.
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    HD28 .M414 no. 1933-; 87;

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