Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/128146 
Title: 

Herd Behavior in Organizations: The Case of Entering an Investment Project

The document was removed on behalf of the author(s)/ the editor(s).

Authors: 
Year of Publication: 
2011
Citation: 
[Journal:] Zeszyty Naukowe KGŚ [Volume:] 30 [Pages:] 154-161
Publisher: 
Warsaw School of Economics, Warsaw
Abstract: 
In the following paper the author applies concepts of information economics (hidden characteristics and signaling) to decision-making processes in the hierarchical organizations. The case of entering an investment project by the company is thoroughly examined. The aim of the paper is to identify and explain managerial decision biases and risk of herd behavior formation in hierarchical organizational structures. The explanation is structured in a simple mathematical model and equipped with concise economic discussion.
Subjects: 
herd behavior
decision-making
organizations
information economics
JEL: 
D21
D23
Document Type: 
Article
Document Version: 
Manuscript Version (Preprint)
Appears in Collections:

Files in This Item:
The document was removed on behalf of the author(s)/ the editor(s) on: July 16, 2020


Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.