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Useful heuristics

Decision-making is one of the core tasks in project management. Traditionally, optimization methods have been developed to support managers in finding the best solutions. Alternatively, decisions can be based on simple rules of thumb, or heuristics. Even though simple heuristics only require little in the way of time and information, they have been shown to outperform optimization...

Institution partenaire

Université de Genève

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English / 01/01/2009

What moderates the too-much-choice effect?

Core theories in economics, psychology, and marketing suggest that decision makers benefit from having more choice. In contrast, according to the too-much-choice effect, having too many options to choose from may ultimately decrease the motivation to choose and the satisfaction with the chosen option. To reconcile these two positions, we tested whether there are specific conditions...

Institution partenaire

Université de Genève

Full Text

English / 01/01/2009

Cognitive models of choice: comparing decision field theory to the proportional difference model

People often face preferential decisions under risk. To further our understanding of the cognitive processes underlying these preferential choices, two prominent cognitive models, decision field theory (DFT; Busemeyer & Townsend, 1993) and the proportional difference model (PD; González-Vallejo, 2002), were rigorously tested against each other. In two consecutive experiments, the...

Institution partenaire

Université de Genève

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English / 01/01/2009

Une situation saugrenue

Institution partenaire

Université de Genève

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Français / 01/01/2009

Mergers and Acquisitions Comparative Economic Analysis of Laws: France vs. USA

From the economic point of view, common law is more efficient than civil law. Is this recent statement published in an economic report valid for mergers and acquisitions (M&A)? The main objective of this paper is to compare the legal performance of M&A in France and in the United States. The purpose is to quantify the impact of both legal systems on the long-term performance...

Institution partenaire

Université de Genève

Full Text

English / 01/01/2009

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