How do information ambiguity and timing of contextual information affect managers' goal congruence in making investment decisions in good times vs. bad times?

DOI10.1007/S11166-005-3553-8MaRDI QIDQ2575460zbMATH OpenOpenAlexFDO

Authors Joanna Ho, L. Robin Keller, Pamela Keltyka

Publication date 9 December 2005

Published in Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11166-005-3553-8

zbMATH Keywords

self-serving biasinformation ambiguityfirm-value maximizationpresentation mode

Mathematics Subject Classification ID

Decision theory (91B06) Economics of information (91B44)

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Cites work

• Bayesian decisions with ambiguous belief aversion
• Effects of outcome and probabilistic ambiguity on managerial choices
• Effects of vague probabilities and of vague payoffs on preference: A model comparison analysis
• Hopes and fears: The conflicting effects of risk ambiguity
• Prospect Theory: An Analysis of Decision under Risk

Cited in

(3)

• Is corporate control effective when managers face investment timing decisions in incomplete markets?
• It's about how the task is set: the inclusion-exclusion effect and accountability in preprocessing management information
• Competitive insurance market in the presence of ambiguity

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