• Publications
  • Influence
Balancing Exploration and Exploitation Through Structural Design: The Isolation of Subgroups and Organizational Learning
TLDR
The classic trade-off between exploration and exploitation in organizational learning has attracted vigorous attention by researchers over the last two decades. Expand
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The Economics of Strategic Opportunity
As emphasized by Barney (1986), any explanation of superior profitability must account for why the resources supporting such profitability could have been acquired for a price below their rentExpand
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Predicting the Next Big Thing: Success as a Signal of Poor Judgment
TLDR
We show that an accurate prediction about such an extreme event, e.g., a big hit, may in fact be an indication of poor rather than good forecasting ability. Expand
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When hubs forget, lie, and play favorites: : Interpersonal network structure, information distortion, and organizational learning
The interpersonal network structure of an organization directly influences the diffusion and recombination of ideas, and can thus facilitate or impede organizational learning. Most interpersonalExpand
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Inferring Superior Capabilities from Sustained Superior Performance: A Bayesian Analysis
To what extent can one infer that superior capabilities are driving sustained superior performance? Modeling performance as some combination of differences in capabilities and processes of cumulativeExpand
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From T-Mazes to Labyrinths: Learning from Model-Based Feedback
TLDR
We develop a formal model of learning in settings in which the actors develop a mental model of the value of stage-setting actions as a complex problem-solving task is repeated. Expand
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Organizational Learning as Credit Assignment: A Model and Two Experiments
TLDR
We outline a theoretical model of organizational learning curves to account for the empirical regularities observed in the literature. Expand
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Strategizing with Biases: Making Better Decisions Using the Mindspace Approach
This article introduces strategists to the Mindspace framework and explores its applications in strategic contexts. This framework consists of nine effective behavioral interventions that areExpand
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The Near-Term Liability of Exploitation: Exploration and Exploitation in Multi-Stage Problems
TLDR
We show that even if current beliefs provide an unbiased characterization of the problem environment, maximizing with respect to them may lead to an inferior expected payoff relative to other mechanisms that make less aggressive use of the organization's beliefs. Expand
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Perspective - Chance Explanations in the Management Sciences
TLDR
We propose that models built on random variation can provide parsimonious explanations of several important empirical regularities in strategic management and organizational behavior. Expand
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