Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 15, Problem 23P
Summary Introduction
To find:Whether the reaction is a group think, outcome bias or process of normalization.
Introduction:In the case of making decisions, both the strength and weakness of traditional decision theory is rationality. It is assumed that a rational decision-maker will search through all information and will select the best option from it. However, people while making decisions, do certain mistakes which are known as cognitive biases. These cognitive biases can be group think, outcome bias, or normalization.
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Chapter 15 Solutions
Practical Operations Management
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