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The Value of Decision Making in a Complex Environment: An Experimental Approach
(The European Institute of Business Administration, Fontainebleau, France, 1981)
Are the costs of time arid effort spent on analyzing decisions outweighed by benefits? This issue was examined in the context of a competitive business game where human teams were pitted against two kinds of simple-minded ...
Forecasting and planning: an evaluation
(Management Science, 1981-02)
The formal practice of forecasting and planning (F&P) has risen to prominence within a few decades and now receives considerable attention from both academics and practitioners. This paper explicitly recognizes the nature ...