... transformations, cognitive biases and strategic decisions. In particular, the purpose of the study is to crystallize the state of art on the impact of cognitive biases on strategic decisions, in the context of environmental transformations. Design/methodology/approach The authors have conducted a systematic...

... Bias cognitive Experts Ratings Salience Recent and past economic crises have led to increased interest in studying the consequences of collective irrationality in expert judgment. Theoretical explanations of collective irrationality stem from three main areas: the social dilemma...