Re-Appraising Managers' Perceptual Errors: A Behavioural Decision-Making Perspective

5 Pages Posted: 18 Aug 2003

See all articles by A. John Maule

A. John Maule

University of Leeds - Faculty of Business

Gerard P. Hodgkinson

Independent

Abstract

Findings reported by Mezias and Starbuck (2003), indicating that managers have inaccurate perceptions of their organization and its environment, are appraised in the context of work from the field of behavioural decision-making (BDM) on heuristics and biases. Drawing on theory, research and criticisms concerning calibration of human judgement, continuous versus discrete judgements and the adequacy of the normative solutions used, we identify issues that require further clarification and suggest lines of research to address them.

Suggested Citation

Maule, A. John and Hodgkinson, Gerard P., Re-Appraising Managers' Perceptual Errors: A Behavioural Decision-Making Perspective. Available at SSRN: https://ssrn.com/abstract=410948

A. John Maule (Contact Author)

University of Leeds - Faculty of Business ( email )

Leeds LS2 9JT
United Kingdom

Gerard P. Hodgkinson

Independent

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