Advanced Search
MyIDEAS: Login to save this paper or follow this series

Vision and Flexibility

Contents:

Author Info

  • Junichiro Ishida

    (Osaka School of International Public Policy (OSIPP),Osaka University)

Abstract

An effective leader must have a clear vision and a strong will to stand by it, even in turbulent times. At the same time, though, it is also equally important to be open-minded and flexible enough to respond objectively to new information without being prejudiced by prior information. This paper illustrates how these seemingly contradictory qualifications are related and determined in a model of intrapersonal conflicts. We consider a decision maker who is capable of deceiving herself and manipulating information in some particular way to construct a rosy view of the world. There is a cost of doing so, however, because a distorted belief leads to a distorted action which is in general less efficient. This tradeoff creates a tension within herself and constrains the extent of information manipulation, thereby allowing us to identify the determinants of vision and flexibility. Among other things, we show that vision and flexibility are substitutes, and their respective levels depend crucially on attributes such as self-confidence level and fragility as well as the strength of willpower.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.osipp.osaka-u.ac.jp/archives/DP/2009/DP2009E001.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Osaka School of International Public Policy, Osaka University in its series OSIPP Discussion Paper with number 09E001.

as in new window
Length: 29 pages
Date of creation: Jan 2009
Date of revision:
Handle: RePEc:osp:wpaper:09e001

Contact details of provider:
Postal: 1-31, Machikaneyama, Toyonaka, Osaka, 560-0043
Phone: +81-6-6850-6111
Web page: http://www.osipp.osaka-u.ac.jp/
More information through EDIRC

Related research

Keywords: Vision; Flexibility; Intrapersonal conflict; Confirmation bias; Willpower; Self-confidence.;

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:osp:wpaper:09e001. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Akiko Murashita).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.