Idea posted: November 2013
Institutions: NUS Business School Singapore Management University INSEAD
Authors:
Social exclusion has been described as one of the most severe punishments people can mete out to each other. A 2007 report by the UK’s Chartered Institute of Personnel and…
READ MORE PIN TO MY IDEAS Idea #254Idea posted: October 2013
Institutions: INSEAD The Wharton School of the University of Pennsylvania
Authors:
Sunk cost bias has been blamed for everything from disastrous military campaigns to over-budget public works and is widely acknowledged as a serious obstacle to effective decision-making. Defined as the…
READ MORE PIN TO MY IDEAS Idea #225