摘要:

SUMMARYThe paper is motivated by discussions in decision theory about the practical relevance of a distinction between uncertainty and risk. Based on a study of the government's handling of bovine spongiform encephalopathy, the study examines the importance of this distinction to risk managers. To structure the investigation, seven models from the decision theory literature are used to provide hypotheses about the way in which decisions under uncertainty might be framed. Section 3 presents a summary of events relating to BSE as reported over a 6‐year period in TheTimesand the analysis is presented in section 4. Decision making under uncertainty appears to be important but is conducted in ways that depart from standard prescriptions. The government's position is presented as being one of a search for natural science solutions combined with international and national negotiation. Decision making under risk, explicit analysis of costs and benefits, updating of beliefs based on new information and concern for social preferences are pointedly absent from the government's approach. A number of problems with the decision‐making process are identified and the paper concludes by noting the critical importance to risk managers. even in the public sector, of understanding the dynamics of media behavi

ISSN:1045-3172    

DOI:10.1111/j.1467-8551.1995.tb00096.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

SUMMARYThis paper empirically examines the broadly held assumption that higher performing firms pursue identifiable generic and/or industry‐specific strategies, as opposed to pursuing an unidentifiable strategy. Here, in a sample of 200 banks, the identifiability of strategy was linked to two dimensions of the environment (interdependence/complexity and munificence) and bank size. The linkage between identifiability and performance was more complex. The discussion emphasizes the potential importance of institutionalization, and implementation in the performance‐strategy identifiability l

ISSN:1045-3172    

DOI:10.1111/j.1467-8551.1995.tb00097.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

SUMMARYThis study addresses the issues associated with the application of problem‐based learning, examines the key design dimensions of a problem‐based learning course and considers the implications of problem‐based learning for learners and educ

ISSN:1045-3172    

DOI:10.1111/j.1467-8551.1995.tb00098.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

SUMMARYThis paper provides an overview of strategic groups research and argues that it should be linked more closely to questions central to strategic management. Particularly fruitful directions for future research include industry evolution, competitive and industry dynamics, and linkages to resource‐based theories. Specific observations and suggestions are made about the content and method of strategic groups research. These are illustrated by reference to empirical studies of the pharmaceutical industry and the food processing industr

ISSN:1045-3172    

DOI:10.1111/j.1467-8551.1995.tb00099.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

SUMMARYManagement accounting techniques and information are often accused of having many limitations that are likely to constrain investment in new technology. However, relatively little is known about the actual influence of management accounting practices on investment decisions. The empirical evidence of this research shows that new technology investment decisions are both highly complex and political. These decision attributes give rise to a protracted, circuitous, decision process that is very different from the rational model which dominates the capital budgeting literature. The research also shows that the management accounting system captures only a fraction of the information generated by this process and consequently has a relatively low influence on these investment decisions.

ISSN:1045-3172    

DOI:10.1111/j.1467-8551.1995.tb00100.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY

摘要:

SUMMARYThis paper critically reviews two major models of incrementalism and four explanations for non‐incremental policy making. Key differences between these models are identified and a model of policy formulation which integrates incremental and non‐incremental models is developed. Theoretical and methodological implications of this model are identified and research propositions are develo

ISSN:1045-3172    

DOI:10.1111/j.1467-8551.1995.tb00101.x

出版商:Blackwell Publishing Ltd    

年代:1995

数据来源: WILEY