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Eliminating a framing bias by using simple instructions to 'think harder' and respondents with managerial experience: Comment on 'breaking the frame'
This paper shows that, in terms of experimental design and ecological validity, the recent study by Hodgkinson et al. (1999) does not indicate that the framing bias is likely to be an important factor in strategic decision making. Nor does it suggest that cognitive mapping provides an effective means of limiting the damage accruing from this bias. The framing bias demonstrated by Hodgkinson et al. can be removed by a simpler "think-harder" manipulation with undergraduate respondents and, further, show that the bias is not present in the decisions of experienced respondents. It is also demonstrated that, for experienced respondents, factors such as avoidance of risk and the creation of new strategies also characterize strategic decision making. Such components were not captured by Hodgkinson et al.'s experimental tasks.Printed Journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | John Wiley & Sons., |
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Edisi | - |
Subjek | Strategic management Decision making Bias Cognition & reasoning |
ISBN/ISSN | 1432095 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |