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Feedback Delays: How Can Decision Makers Learn Not to Buy a New Car Every Time the Garage Is Empty?

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  • Gibson, Faison P.

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  • Gibson, Faison P., 2000. "Feedback Delays: How Can Decision Makers Learn Not to Buy a New Car Every Time the Garage Is Empty?," Organizational Behavior and Human Decision Processes, Elsevier, vol. 83(1), pages 141-166, September.
    • Handle: RePEc:eee:jobhdp:v:83:y:2000:i:1:p:141-166
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    References listed on IDEAS

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    1. Davis, Fred D. & Kottemann, Jeffrey E., 1995. "Determinants of Decision Rule Use in a Production Planning Task," Organizational Behavior and Human Decision Processes, Elsevier, vol. 63(2), pages 145-157, August.
    2. John D. Sterman, 1989. "Modeling Managerial Behavior: Misperceptions of Feedback in a Dynamic Decision Making Experiment," Management Science, INFORMS, vol. 35(3), pages 321-339, March.
    3. Kishore Sengupta & Tarek K. Abdel-Hamid, 1993. "Alternative Conceptions of Feedback in Dynamic Decision Environments: An Experimental Investigation," Management Science, INFORMS, vol. 39(4), pages 411-428, April.
    4. Sterman, John., 1994. "Learning in and about complex systems," Working papers 3660-94., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    5. Mark Paich & John D. Sterman, 1993. "Boom, Bust, and Failures to Learn in Experimental Markets," Management Science, INFORMS, vol. 39(12), pages 1439-1458, December.
    6. George Loewenstein & Drazen Prelec, 1992. "Anomalies in Intertemporal Choice: Evidence and an Interpretation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 573-597.
    7. Gibson, Faison P. & Fichman, Mark & Plaut, David C., 1997. "Learning in Dynamic Decision Tasks: Computational Model and Empirical Evidence," Organizational Behavior and Human Decision Processes, Elsevier, vol. 71(1), pages 1-35, July.
    8. Diehl, Ernst & Sterman, John D., 1995. "Effects of Feedback Complexity on Dynamic Decision Making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 62(2), pages 198-215, May.
    9. Sterman, John D., 1989. "Misperceptions of feedback in dynamic decision making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 43(3), pages 301-335, June.
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    Cited by:

    1. Tarikere T. Niranjan & Narendra K. Ghosalya & Srinagesh Gavirneni, 2022. "Crying Wolf and a Knowing Wink: A Behavioral Study of Order Inflation and Discounting in Supply Chains," Production and Operations Management, Production and Operations Management Society, vol. 31(3), pages 1071-1088, March.
    2. Francesco Castellaneta & Oliver Gottschalg & Aleksandra Kacperczyk & Mike Wright, 2022. "Experience as Dr. Jekyll and Mr. Hyde: Performance Outcome Delays in the Private Equity Context," Journal of Management Studies, Wiley Blackwell, vol. 59(6), pages 1359-1385, September.
    3. Faison P. Gibson, 2007. "Learning and transfer in dynamic decision environments," Computational and Mathematical Organization Theory, Springer, vol. 13(1), pages 39-61, March.
    4. Thornock, Todd A., 2016. "How the timing of performance feedback impacts individual performance," Accounting, Organizations and Society, Elsevier, vol. 55(C), pages 1-11.
    5. Scott F. Rockart & Nilanjana Dutt, 2015. "The rate and potential of capability development trajectories," Strategic Management Journal, Wiley Blackwell, vol. 36(1), pages 53-75, January.
    6. Faison P. Gibson, 2003. "Supporting Learning in Evolving Dynamic Environments," Computational and Mathematical Organization Theory, Springer, vol. 9(4), pages 305-326, December.
    7. Faison P. Gibson, 2002. "Is It Better to Forget? Stimulus-Response, Prediction, and the Weight of Past Experience in a Fast-Paced Bargaining Task," Computational and Mathematical Organization Theory, Springer, vol. 8(1), pages 31-47, May.
    8. Hazhir Rahmandad, 2008. "Effect of Delays on Complexity of Organizational Learning," Management Science, INFORMS, vol. 54(7), pages 1297-1312, July.
    9. Gonzalez, Cleotilde, 2005. "Decision support for real-time, dynamic decision-making tasks," Organizational Behavior and Human Decision Processes, Elsevier, vol. 96(2), pages 142-154, March.

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