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Add to list Added to list Beware the Winner’s Curse: Victories that Can Sink You and Your Company
G. Anandalingam (Ralph J. Tyser Professor of Management Science),Henry C. Lucas, Jr. (Robert H. Smith Professor of Information Systems, Robert H. Smith Professor of Information Systems, both at the Robert H. Smith School of Business, University of Maryland)
Beware the Winner’s Curse shows how hubris and badly aligned financial incentives lead managersto aggressively pursue victories, and end up worse off as a result. It explores recent disasters in…
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