Outcome Feedback Effects on Risk Propensity in an MCPLP Task

In this experimental analysis, the effects of outcome feedback on risk propensity were assessed within the multiple-cue-probability-learning-paradigm (MCPLP). The individual decision maker in this task received outcome feedback on a decision-by-decision basis. It was hypothesized that information on his/her success or lack of success (outcome feedback) on each decision would influence the decision to risk (commit) resources. Hierarchical regression results revealed that after all other performance effects had been partialled out, current outcome feedback explained much of the commitment decision.Yeshttps://us.sagepub.com/en-us/nam/manuscript-submission-guideline

International strategies of NIC firms in Europe

This article reports on a study of the international strategies of South Korean, Taiwanese, Hong Kong, and Singapore firms in advanced industrialized markets. Thirty-four cases of international strategies were cluster analyzed to identify common strategies. Four main strategies were identified together with their attendant firm characteristics and performance. They include: (1) A strategy of differentiation with aggressive growth objectives and a high degree of parent company support; (2) Low cost strategy and broad product coverage; (3) A focus strategy with limited product range and highly decentralized operation; and (4) A conservative strategy concentrating chiefly on manufacturing skills and serving mainly OEM customers. Variation in performance across clusters was not statistically significant