Publications

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March 2012 (Revised October 2013)
Supplement

Gene Patents (B)

By: Richard Hamermesh and Phillip Andrews

The case updates events since the Court's ruling against Myriad Genetics on March 29, 2010 and should be used in conjunction with Gene Patents (A). On July 29, 2011, a US Appeals Court reversed the prior ruling against Myriad. On September 16, 2011, the first major... View Details

Keywords: Courts and Trials; Patents; Genetics; Judgments; Investment; Biotechnology Industry; United States

November 2018
Article

Worthy of Swift Trust? How Brief Interpersonal Contact Affects Trust Accuracy

By: Oliver Schilke and Laura Huang

Organizational scholars have long underscored the positive consequences of trust, yet trust can also have dysfunctional effects if it is not placed wisely. Though much research has examined conditions that increase individuals’ tendencies to trust others, we know very... View Details

Keywords: Trust; Interpersonal Communication; Judgments; Perspective

2020
Working Paper

When Do Experts Listen to Other Experts? The Role of Negative Information in Expert Evaluations for Novel Projects

By: Jacqueline N. Lane, Misha Teplitskiy, Gary Gray, Hardeep Ranu, Michael Menietti, Eva C. Guinan and Karim R. Lakhani

The evaluation of novel projects lies at the heart of scientific and technological innovation, and yet literature suggests that this process is subject to inconsistency and potential biases. This paper investigates the role of information sharing among experts as the... View Details

Keywords: Project Evaluation; Innovation; Knowledge Frontier; Negativity Bias; Projects; Innovation and Invention; Information; Diversity; Judgments

SSRN

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June 2011 (Revised October 2013)
Case

Gene Patents (A)

By: Richard Hamermesh, David Kiron and Phillip Andrews

In March 2010, U.S. District Court Judge Robert Sweet overturned 30 years of legal precedent and ruled that unaltered human genes could not be patented. This case reviews patent law and how it relates to our increasing knowledge of the Human Genome. The case issues... View Details

Keywords: Courts and Trials; Patents; Genetics; Judgments; Science-Based Business; Biotechnology Industry; United States

Educators

Web

John Safer Search 1983 | About

monumental public works and commissions. In 1979, he made a bronze sculpture for Harvard Law School titled Judgment , which led to the commission for HBS. Search was designed in 1983, cast in bronze by the Tallix foundry in New York, and... View Details

21 Nov 2017
News

Rushing Yards

and earned a bronze star. In addition to his duties as a playoff committee member, he continues to carry the ball at Robert Morris University, where he was named the institution’s first black president in February 2016. “Sports matter, football matters,” he said of his... View Details

01 Sep 2003
News

Lessons from Everest

reasons, to reach the summit — undermined the better judgment of professionals and amateurs alike. A lesson for leaders, Roberto noted, is that even the most qualified and experienced people can make mistakes. Yet experts are often... View Details

Keywords: Amusement, Gambling, and Recreation Industries; Arts, Entertainment; Colleges, Universities, and Professional Schools; Educational Services

Profile

Raja Bobbili

this dominant idea that business leaders make important decisions with imperfect information. As an investor, that is exactly what I have to do – exercise sound judgment in the context of significant uncertainty and complexity. How did... View Details

Keywords: Investment Management / Hedge Fund

October 1993 (Revised June 1997)
Case

Champion International

By: David F. Hawkins

Management must decide which first quarter's earnings numbers to report. The company is classified by its securities market as a "growth" company. The corporate controller prefers a quarterly earnings figure that represents a decline in earnings. View Details

Keywords: Problems and Challenges; Financial Reporting; Judgments; Leadership; Management Teams; Corporate Disclosure

Educators

Article

Naivete and Cynicism in Negotiations and Other Competitive Contexts

By: Chia-Jung Tsay, Lisa L. Shu and Max H. Bazerman

A wealth of literature documents how the common failure to think about the self-interests of others contributes to suboptimal outcomes. Yet sometimes, an excess of cynicism appears to lead us to over-think the actions of others and make negative attributions about... View Details

Keywords: Competition; Outcome or Result; Trust; Judgments

24 Nov 2009
First Look

First Look: Nov. 24

identification. Download the paper: http://www.imanet.org/pdf/11_09_epstein.pdf Nameless + Harmless = Blameless: When Seemingly Irrelevant Factors Influence Judgment of (Un)ethical Behavior Authors:Francesca Gino, Lisa Lixin Shu, and Max... View Details

Keywords: Martha Lagace

01 Dec 2016
News

Takeaways

organization’s collective wisdom in the process.” —Catherine J. Turco (MBA 2003), The Conversational Firm “Work through gray-area problems as a manager, using the best advice and information, and then resolve these problems as a human being, relying on your best View Details

January 2014 (Revised November 2015)
Background Note

Rational Choice and Managerial Decision-Making

By: Willy Shih

This note discusses Herbert Simon's notion of bounded rationality: how managers may sometimes make suboptimal choices because of their limited ability to access or process information. View Details

Keywords: Rational Choice; Bounded Rationality; Satisficing; Herbert Simon; Agenda-setting; Choice; Alternatives; Decision Making; Decision Choices and Conditions; Decisions; Judgments

Educators

Article

Memory Lane and Morality: How Childhood Memories Promote Prosocial Behavior

By: F. Gino and S. Desai

Four experiments demonstrated that recalling memories from one's own childhood lead people to experience feelings of moral purity and to behave prosocially. In Experiment 1, participants instructed to recall memories from their childhood were more likely to help the... View Details

Keywords: Moral Sensibility; Behavior; Research; Emotions; Relationships; Judgments

01 Mar 2013
News

Sweet Deal

was really hard to put a deal together. Despite that, all the creditors, the management team, the board, and 11 of the 12 unions either approved the deal or agreed not to oppose this deal. And it was one union with bad information and bad View Details

Keywords: Food Manufacturing; Manufacturing; Transportation Equipment Manufacturing; Manufacturing; Management, Scientific, and Technical Consulting Services; Professional Services

June 1992
Article

Reversals of Preference in Allocation Decisions: Judging an Alternative Versus Choosing Among Alternatives

By: M. H. Bazerman, G. F. Loewenstein and S. B. White

Keywords: Decision Making; Decision Choices and Conditions; Judgments