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Decision Making & Negotiations

See the latest research, articles and faculty on the Decision Making & Negotiations Area of Expertise at Columbia Business School.

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Decision Making & Negotiations

Decision Making & Negotiations Research

Managers' Theories of Subordinates: A Cross-Cultural Examination of Manager Perceptions of Motivation and Appraisal of Performance

Authors
Sanford DeVoe and Sheena Iyengar
Date
January 1, 2004
Format
Journal Article
Journal
Organizational Behavior and Human Decision Processes

The present study sought to examine the relationship between managers' perceptions of employee motivation and performance appraisal by surveying managers and employees in three distinct cultural regions (North America, Asia, and Latin America) within a single global organization. Although the patterns of employee self-perceptions did not vary across the six countries sampled, three distinct cultural patterns emerged in the theories managers held about their subordinates.

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Mind-Reading and Metacognition: Narcissism, Not Actual Competence, Predicts Self-Estimated Ability

Authors
Daniel Ames
Date
January 1, 2004
Format
Journal Article
Journal
Journal of Nonverbal Behavior

In this paper, we examine the relationship between people's actual interpersonal sensitivity (such as their ability to identify deception and to infer intentions and emotions) and their perceptions of their own sensitivity. Like prior scholars, we find the connection is weak or non-existent and that most people overestimate their social judgment and mind-reading skills. Unlike previous work, however, we show new evidence about who misunderstands their sensitivity and why.

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Human Resource Management and Organizational Performance: Evidence from Retail Banking

Authors
Ann Bartel
Date
January 1, 2004
Format
Journal Article
Journal
Industrial and Labor Relations Review

Studies of the relationship between human resource management and establishment performance have heretofore focused on the manufacturing sector. Using a unique longitudinal dataset collected through site visits to branch operations of a large bank, the author extends that research to the service sector. Because branch managers had considerable discretion in managing their operations and employees, the HRM environment could vary greatly across branches and over time. Site visits provided specific examples of managerial practices that affected branch performance.

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On Customer Contact Centers with a Call-Back Option: Customer Decisions, Routing Rules and System Design

Authors
Mor Armony and Costis Maglaras
Date
January 1, 2004
Format
Journal Article
Journal
Operations Research

Organizations worldwide use contact centers as an important channel of communication and transaction with their customers. This paper describes a contact center with two channels, one for real-time telephone service, and another for a postponed call-back service offered with a guarantee on the maximum delay until a reply is received. Customers are sensitive to both real-time and call-back delay and their behavior is captured through a probabilistic choice model. The dynamics of the system are modeled as an M/M/N multiclass system.

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Contact Centers with a Call-Back Option and Real-Time Delay Information

Authors
Mor Armony and Costis Maglaras
Date
January 1, 2004
Format
Journal Article
Journal
Operations Research

Motivated by practices in customer contact centers, we consider a system that offers two modes of service: real-time and postponed with a delay guarantee. Customers are informed of anticipated delays and select their preferred option of service. The resulting system is a multiclass, multiserver queueing system with state-dependent arrival rates.

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A Development Round of Trade Negotiations?

Authors
Joseph Stiglitz and Andrew Charlton
Date
January 1, 2004
Format
Lecture

The development focus of the Doha Round emerged from a renewed spirit of responsibility for the challenges faced by poor countries and the perceived inequities generated by previous rounds of trade negotiations. This study presents an alternative way forward for the Doha Round based on principles of social justice and economic analysis.

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Precautionary Saving and Partially Observed Income

Authors
Neng Wang
Date
January 1, 2004
Format
Journal Article
Journal
Journal of Monetary Economics

I propose an intertemporal precautionary saving model in which the agent's labor income is subject to (possibly correlated) shocks with different degrees of persistence and volatility. However, he only observes his total income, not individual components. I show that partial observability of individual components of income gives rise to additional precautionary saving due to estimation risk, the error associated with estimating individual components of income. This additional precautionary saving is higher, when estimation risk is greater.

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Activating Sound and Meaning in Brand Name Evaluations: The Role of Language Proficiency in Bilinguals' Differential Processing

Authors
Shi Zhang and Bernd Schmitt
Date
January 1, 2004
Format
Journal Article
Journal
Journal of Consumer Research

We study linguistic access in a mixed language context by integrating the Bilingual Interactive Activation model and the Language Differential Processing model. We show that highly proficient bilinguals, compared to less proficient bilinguals, activate phonological and semantic representations of the dominant as well as the non-dominant language, and engage in differential processing for different types of scripts (phonetic vs. logographic). For highly proficient bilinguals, language emphasis (Chinese vs.

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Do High Prices Signal High Quality? A Theoretical Model and Empirical Results

Authors
Donald Lehmann, Jukti Kalita, and Sharan Jagpal
Date
January 1, 2004
Format
Journal Article
Journal
Journal of Product and Brand Management

This paper has three objectives. First, we develop an equilibrium pricing model in which consumers have incomplete information about both product qualities and prices. Specifically, manufacturers can use high prices to signal high quality to uninformed consumers. Furthermore, prices of any given brand can vary geographically across retail outlets. We show that previous models are special cases of our model. Specifically, the hedonic regression model assumes that consumers have full information about all product qualities and prices.

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