Daniel Halbheer (), Marco Bertini and Oded Koenigsberg
Abstract: This research studies the possibility that managers attribute firm performance to price and quality decisions in a self-serving manner: they tend to credit success in the market to the product characteristic that matches the commercial orientation of the business, but blame failure on the other. The problem with this reasoning is that managers then carry out adjustments based on biased information, which is suboptimal. The paper first models the phenomenon to clarify the cost of self-serving attributions to a firm. It then reports experiments that provide empirical support for the theory.
Keywords: Causal inference; self-serving bias; managerial decision-making
39 pages, March 20, 2016
Full text files
papers.cfm?abstract_id=2130414
Questions (including download problems) about the papers in this series should be directed to Antoine Haldemann ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:ebg:heccah:1142This page generated on 2024-09-13 22:19:53.