*** Apologies for cross-listing ***
Dear all,
We would like to invite you to our panel symposium on the Psychological Design of Organizations at the Academy of Management Annual Meeting in Chicago. This symposium brings together two eminent streams of organizational research that explore the psychological design of organizations: organizational design research (Simon, 1957; Knudsen and Levinthal, 2007; Csaszar & Eggers 2013; Reitzig & Sorenson 2013; Puranam, 2018; Levinthal & Newark, 2023) and transaction cost economics (TCE) research (Williamson, 1999; Foss and Weber, 2016). Going beyond the relatively simplistic view of bounded rationality as limits to information processing, recent studies in these two traditions have started to examine a richer set of cognitive and organizational biases that stem from managers' faulty cognition. Recognizing the extensive possibilities of this research program, we hope to advance three specific themes in this symposium that should be interesting to an audience of multiple backgrounds:
- How does hierarchy create, exacerbate, and solve cognitive biases?
- Is there a sufficient intellectual foundation for advancing a theory on the "psychological architecture" of the firm?
- What are the most promising venues of engagement with psychology?
Discussant: Daniel Levinthal - U. of Pennsylvania
Panelists
Schedule: Tuesday, Aug 13 2024 8:00 AM - 9:30 AM CT (GMT-5/UTC-5) at Sheraton in Michigan A
Title: Psychological Design of Organizations
Abstract: 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.
Looking forward to seeing you at this symposium!
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Saerom (Ronnie) Lee
Assistant Professor
The Wharton School, University of Pennsylvania
www.saeromlee.com------------------------------