1875: Psychological Design of Organizations (15646)

Tuesday, August 13, 2024

08:00 – 09:30 CT (GMT-5/UTC-5)

Location: Sheraton: Michigan A

Session Number: 1875
Symposium (panel)
Orientation: Research
Highlight
Shareable link: https://cdmcd.co/WypXLj

Discussant(s)

DL

Daniel Levinthal

U. of Pennsylvania, United States

Panelist(s)

MR

Markus Reitzig

U. of Vienna, Austria
JJ

John Joseph

U. of California, Irvine, United States
LW

Libby Leann Weber

U. of California, Irvine, United States
DK

Dongil Daniel Keum

Columbia Business School, United States

Organizer(s)

SL

Saerom Lee

The Wharton School, U. of Pennsylvania, United States

Psychology research on decision-making highlights the challenge of repairing the “hardwired errors of individual cognition” (Powell et al., 2011:1378) and suggests structural interventions to improve the decision environment. This panel symposium brings together two eminent streams of organizational research that explore the psychological design of organizations: organizational design research and transaction cost economics (TCE) research. Among others, we explore how hierarchy can create, exacerbate, and solve cognitive biases. While the symposium offers a brief review of the related body of work from different perspectives, it will focus on providing a perspective on promising future research directions.