When so much is at stake: Understanding organizational brinkmanship in family business

How Much is at Stake for the Pragmatic Encroacher

Many people are saying nowadays that what you know partly depends on what practical decisions you face (e.g. Stanley 2005; Fantl and McGrath 2009). This “pragmatic encroachment” thesis usually involves two different ideas. One idea is that knowledge plays a distinctive role in practical reasoning: you can act on what you know. The other idea is that knowledge is harder to achieve when more is a...

When injustice is at stake, moral judgements are not parochial.

What Is at Stake When Determining Lifetime Asset Allocation?**

This paper examines the effects of deviating from the optimal life-cycle asset allocation. The magnitude of likely deviations is gauged through an analysis of differences between available life-cycle funds. The motivation is that due to search costs, the complexity of the decision problem and other factors, an investor may choose a fund with asset allocation profile A even though profile B woul...

Naïve Advice When Half-a-Million Is at Stake

In the television show Affari Tuoi contestants face decision problems with large monetary payoffs and have an opportunity to seek advice from the audience. It appears that this advice does not have a significant impact on the decisions of contestants.

Oxytocin not only increases trust when money is at stake, but also when confidential information is in the balance.

Past studies have suggested that the neuropeptide oxytocin (OT) could play a crucial role in human trusting behavior. Specifically, people on OT would be more willing to entrust someone with their money than would people on a placebo. Because alternative explanations-which do not involve trust-exist for these studies' findings, the present study aimed to rule out confounds and test how OT influ...