Escalation in Decision-Making: The Tragedy of Taurus

ISBN-13: 9780198289531 / Angielski / Twarda / 1997 / 272 str.

Helga Drummond

Opis

This book describes the Taurus project--a 500m project to automate settlement systems on the London Stock Exchange. Begun in 1986, it was eventually abandoned in 1993. How was it that a major project promoted by the Stock Exchange, supervised by committees, advised upon by two major consultancies, staffed by an experienced technical team, could go wrong? Why was the decision to abandon the project not taken earlier? Written in the context of theories of decision-making, the book both tells an absorbing story and adds to our understanding of decision escalation.
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Recenzje

...an enjoyable book to read, and you will learn a lot from it. - Daniel Read. Journal of Behavioural Decision Making. vol 11. 1998