...Xiuxia Sun; Fangwei Zhu; Mouxuan Sun Purpose This paper aims to explore the ways to solve the dilemma of balancing between efficiency and flexibility in project-oriented organizations (POOs). It investigates the characteristic of the relationship between efficiency and flexibility in the context...

... for the “Animal Spirits Theory” of Keynes. Additionally, decision‐maker ranking in the middle of the decision sequence systematically deviates from his/her private information in balance state. Originality/value As existing information cascade theory of one shot decision fails to describe the belief‐dependent...