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The failure of corporate law : fundamental flaws and progressive possibilities
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ISBN: 128195697X 9786611956974 0226306984 9780226306988 9781281956972 9780226306933 0226306933 6611956972 Year: 2006 Publisher: Chicago : University of Chicago Press,

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Abstract

When used in conjunction with corporations, the term "public" is misleading. Anyone can purchase shares of stock, but public corporations themselves are uninhibited by a sense of societal obligation or strict public oversight. In fact, managers of most large firms are prohibited by law from taking into account the interests of the public in decision making, if doing so hurts shareholders. But this has not always been the case, as until the beginning of the twentieth century, public corporations were deemed to have important civic responsibilities. With The Failure of Corporate Law, Kent Greenf


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Thinking, fast and slow
Author:
ISBN: 9781846140556 1846140552 9781846146060 Year: 2011 Publisher: London Allen Lane

Human judgment and social policy : irreducible uncertainty, inevitable error, unavoidable injustice
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ISBN: 0195097343 0195357043 1280451335 1602560501 9781602560505 9780195357042 9781280451331 9786610451333 6610451338 9780195097344 0197735754 Year: 1996 Publisher: Oxford University Press

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Abstract

This landmark work examines the dynamics of judgement and its impact on events that take place in human society, which require the direction and control of social policy. Research on social policy typically focuses on content. This book concentrates instead on the decision-making process itself. Drawing on 50 years of empirical research in decision theory, Hammond examines the possibilities for wisdom and cognitive competence in the formation of social policies, and applies these lessons to specific examples, such as the space shuttle Challenger disaster and the health care debate. Uncertainly, he tells us, can seldom be fully eliminated; thus error is inevitable, and injustice for some unavoidable. But the capacity for make wise judgments increases to the extent that we understand the potential pitfalls and their origin. The judgment process for example involves an ongoing rivalry between intuition and analysis, accuracy and rationality. The source of this tension requires an examination of the evolutionary roots of human judgement and how these fundamental features may be changing as our civilization increasingly becomes an information and knowledge-based society. With numerous examples from law, medicine, engineering, and economics, the author dramatizes the importance of judgment and its role in the formation of social policies which affect us all, and issues the first comprehensive examination of its underlying dynamics.


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The secret life of decisions : how unconscious bias subverts your judgement
Authors: ---
ISBN: 131523713X 1283859831 1409453286 9781409453284 9781472408167 1472408160 1138469912 1409453278 9781283859837 9781409453277 9781315237138 9781351882125 9781138469914 1351882139 Year: 2016 Publisher: London : Routledge,

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Abstract

The Secret Life of Decisions exposes the unchallenged myths and distortions that impact our reasoning ability, raising our awareness of the many traps we can fall into. The authors have drawn from decades of work with leaders showing that even the most talented leaders and teams can end up making sub-optimal decisions. This is rarely because they had poor critical thinking faculties but rather because they did not pay enough attention to the often invisible traps hardwired into our thinking processes, letting through only information that conforms with our current beliefs, mental models and ex

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