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Generative action and preference reversal in exploratory project management

Year: 2017

Type: article

Abstract: Organisations trying to innovate, despite being naturally encouraged to use project management and associated rational theories of choice, will necessarily experiment in some way or another due to the high levels of uncertainty and the unknown to be discovered. Exploratory project management may face situations requiring a constant reconfiguration of beliefs and hypotheses as a reaction to external factors. In this paper, we propose to discuss the existence of a generative rationality breaking away from classical decision theory by deliberately reversing preferences and designing decisions.

Source: HAL

DOI: 10.23726/cij.2017.539

Authors: Le Glatin, Mario, Le Masson, Pascal, Weil, Benoît

Institutions: Centre National de la Recherche Scientifique, Université Paris Sciences et Lettres, Centre de Gestion Scientifique, École Nationale Supérieure des Mines de Paris

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2792807993

FWCI: 0.215

Cites:

Cited by: 2

Related to: 10