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Journal Article
Organizational Behavior and Human Decision Processes 165: 228–249
Martin Schweinsberg, Michael Feldman, Nicola Staub, Olmo R. van der Akker, Robbie C.M. van Aert, Marcel A.L.M. van Assen, Yang Liu et al. (2021)
Subject(s)
Human resources management/organizational behavior
Keyword(s)
Crowdsourcing data analysis, scientific transparency, research reliability, scientific
robustness, researcher degrees of freedom, analysis-contingent results
In this crowdsourced initiative, independent analysts used the same dataset to test two hypotheses regarding the effects of scientists’ gender and professional status on verbosity during group meetings. Not only the analytic approach but also the operationalizations of key variables were left unconstrained and up to individual analysts. For instance, analysts could choose to operationalize status as job title, institutional ranking, citation counts, or some combination. To maximize transparency regarding the process by which analytic choices are made, the analysts used a platform we developed called DataExplained to justify both preferred and rejected analytic paths in real time. Analyses lacking sufficient detail, reproducible code, or with statistical errors were excluded, resulting in 29 analyses in the final sample. Researchers reported radically different analyses and dispersed empirical outcomes, in a number of cases obtaining significant effects in opposite directions for the same research question. A Boba multiverse analysis demonstrates that decisions about how to operationalize variables explain variability in outcomes above and beyond statistical choices (e.g., covariates). Subjective researcher decisions play a critical role in driving the reported empirical results, underscoring the need for open data, systematic robustness checks, and transparency regarding both analytic paths taken and not taken. Implications for organizations and leaders, whose decision making relies in part on scientific findings, consulting reports, and internal analyses by data scientists, are discussed.
With permission of Elsevier
Volume
165
Journal Pages
228–249
Subject(s)
Economics, politics and business environment; Information technology and systems; Technology, R&D management
Keyword(s)
Cybersecurity, information security, information law, critical infrastructures, cyber regulation
Two articles explain the genesis and contents of the German IT Security Act 2.0, which was enacted in May 2021. This first article focuses on the origins of the law, the obligations of companies as operators of information technology, and the new regulations on the security of IT products.
Journal Pages
450–458
ISSN (Online)
2194-4172
Journal Article
Harvard Business Review
David Ronayne, Daniel Sgroi, Anthony Tuckwell (2021)
Subject(s)
Economics, politics and business environment
Keyword(s)
Decision biases, Sunk cost effect, Susceptibility scale, Cognitive ability, incentivized experiment
The sunk cost effect is one of the most well-known decision making biases. In this article, I describe how my co-authors and I developed an 8-item test comprised of hypothetical scenarios to determine the respondent’s susceptibility to the sunk cost effect. We validate the scale with an incentivized experiment. We also find evidence that experience, rather than smarts, which helps people to avoid falling foul of the effect.


ISSN (Print)
0017-8012
Subject(s)
Strategy and general management
Journal Pages
34–36
Journal Article
Datenschutz und Datensicherheit 45 (7): 438–443
Subject(s)
Economics, politics and business environment; Information technology and systems; Technology, R&D management
Keyword(s)
AI, artificial intelligence, privay, data protection, information law
The European Commission has presented proposals for the horizontal regulation of artificial intelligence. It is thus foreseeable that the regulatory systems of data protection and IT security will be supplemented by a further cross-sectoral approach to the regulation of information technology. This article explains the proposals and describes their advantages and disadvantages.

[Die Europäische Kommission hat Vorschläge vorgelegt, wie eine horizontale Regulierung künstlicher Intelligenz erfolgen soll. Damit ist absehbar, dass neben die Regulierungssysteme des Datenschutzes und der IT-Sicherheit ein weiterer sektorübergreifender Ansatz zur Regulierung von Informationstechnik treten wird.]
Volume
45
Journal Pages
438–443
ISSN (Online)
1862-2607
ISSN (Print)
1614-0702
Journal Article
Journal of Organization Design 10 (2): 85–91
Subject(s)
Diversity and inclusion; Human resources management/organizational behavior
Keyword(s)
Random selection, diversity bonus, luck, decision biases, paradox of merit, learning traps
Complex tasks often cannot be addressed with expertise, but instead by assembling a diverse cognitive repertoire in teams. In such cases, engaging diversity may enhance performance. Yet various behavioral and social limits often deter organizations from recognizing or integrating valuable diversity. I argue that random selection is an undervalued tool for capturing the diversity bonus because it helps address (1) the paradox of merit, by avoiding fruitless deliberation; (2) biased reasoning, by deciding on the basis of no reason; and (3) learning traps, by discovering self-confirming false beliefs. More generally, incorporating random selection in organizational design can generate a less-is-more effect: deciding by blind luck means exercising less control over outcomes but achieving more by saving time and resources, as well as detecting and sanitizing biased reasons.
Volume
10
Journal Pages
85–91
ISSN (Online)
2245-408X
Subject(s)
Diversity and inclusion; Human resources management/organizational behavior; Strategy and general management
Keyword(s)
Luck, stereotype bias, grit, regression to the mean
Managers are very prone to both benchmarking and stereotyping. These practices lead them into underestimating the power of luck, so that they often attribute success to capabilities and failure to bad luck in people or organizations they see as having the attributes of greatness, while they discount capabilities and attribute success to luck in people or organizations that do not conform to their ideas of greatness. Looking at second-level performers (where luck probably plays a lesser role) may be a smarter way to benchmark.
ISSN (Print)
0017-8012
Working Paper
CEPR Discussion Paper No. DP16243
Simon P. Anderson, Özlem Bedre-Defolie (2021)
Subject(s)
Economics, politics and business environment
Keyword(s)
Trade platform, hybrid business model, antitrust policy, tax policy
JEL Code(s)
D42, L12, L13, L40, H25
We provide a canonical and tractable model of a trade platform enabling buyers and sellers to transact. The platform charges a percentage fee on third-party product sales and decides whether to be "hybrid", like Amazon, by selling its own product. It thereby controls the number of differentiated products (variety) it hosts and their prices. Using the mixed market demand system, we capture interactions between monopolistically competitive sellers and a sizeable platform product. Using long-run aggregative games with free entry, we endogenize seller participation through an aggregate variable manipulated by the platform's fee. We show that a higher quality (or lower cost) of the platform's product increases its market share and the seller fee, and lowers consumer surplus. Banning hybrid mode benefits consumers. The hybrid platform might favor its product and debase third-party products if the own product advantage is sufficiently high. We also provide some tax policy implications.
With permission of CEPR
Subject(s)
Diversity and inclusion; Economics, politics and business environment; Ethics and social responsibility; Health and environment; Technology, R&D management
Keyword(s)
disinformation, social media, oral culture, fact-checking
JEL Code(s)
I0
The article examines the risk of the proliferation of potentially harmful disinformation through 'oral' social media services such as Clubhouse. While false or misleading information may have fewer means to stick and go viral, it is also more difficult to fact-check speakers, which may create new vulnerabilities for the information ecosystem online.
Journal Article
International Cybersecurity Law Review 2 (1): 77–92
Andrew J. Grotto, Martin Schallbruch (2021)
Subject(s)
Economics, politics and business environment; Information technology and systems; Technology, R&D management
Keyword(s)
Transatlantic, data protection, internet of things, artificial intelligence, industrial control systems (ICS)
Volume
2
Journal Pages
77–92
ISSN (Online)
2662-9739
ISSN (Print)
2662-9720