Delays Impair Learning and Can Drive Convergence to Inefficient Strategies
<jats:p> With so many possible choices, why do managers adopt the strategies they do? We identify delays between adopting a strategy and observing the full implications of that choice as a critical factor influencing strategic choices. Using a simulation of a service firm, we conduct two behav...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute for Operations Research and the Management Sciences (INFORMS),
2022-08-04T17:28:41Z.
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| Subjects: | |
| Online Access: | Get fulltext |