IESE (España)
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Dealing with Conflicting Objectives: Multicriteria Analysis and Heuristics
Baucells Alibés, Manel; Lobanova A.Technical Note ADN-271-EDecision Analysis, Economics, Knowledge and CommunicationThe note is divided in two parts. The first part of this note explains how to apply a standard methodology to make explicit trade-offs between conflicting objectives. The second part, explores decision rules or heuristics that people often use to avoid making trade-offs, and discusses the reliability of such rules.Starting at €8.20
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The Trust Game
Lobanova A.; Baucells Alibés, ManelCase AD-303-ECorporate Governance, Decision Analysis, EconomicsThe case has a long introduction highlighting the importance of trust for economic growth and the efficiency of companies. It then presents, using a pirate story, the trust game studied by experimental economists.Starting at €8.20