Understanding decision making about balancing two stocks: the faculty gender balancing task
SourceSystem Dynamics Review, 32, 1, (2016), pp. 6-25
30 juni 2016
Article / Letter to editor
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System Dynamics Review
SubjectInstitute for Management Research
This paper contributes to the understanding of dynamic decision making. Using the faculty gender balancing task, we experimentally test the extent to which participants correctly estimate the inflow needed to balance two unbalanced stocks and how they substantiate their decision. The results show that people have difficulties determining the correct hiring percentage of female full professors. Three quarters of the participants recommended a hiring percentage that was too low to reach gender balance in time or to reach gender balance at all. Analysis showed that nearly half of the participants underpinned their decision with calculations, while 45% used intuitive estimations. Contrary to what has been found so far, the participants who used intuitive estimations to support their decisions performed relatively better.
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