Learning from adaptive samples: Implications for risk taking (2007)
Individuals and organizations learn from experience by increasing the probability of sampling alternatives with favorable past outcomes. Such adaptive sampling is sensible but leads to an asymmetry...
Essays on the economic effects of vanity and career concerns / (1998)
Thesis (doctoral)--Handelshögskolan i Stockholm,1998.
The Economics of Strategic Opportunity
Jerker Denrell, Christina Fang, Sidney Winter
As emphasized by Barney (1986), any explanation of superior profitability must account for why the resources supporting such profitability could have been acquired for a price below their rent...
Performance Sampling and Bimodal Duration Dependence
Performance sampling models of duration dependence in employee turnover and firm exit predict that hazard rates will initially be low, gradually rise to a maximum, and then fall. As we note in this...
Organizational risk taking: adaptation versus variable risk preferences
The observed association between performance and organizational risk taking has usually been attributed to the influence of performance on risk preferences. Here I show how a simple model of...