Common-Knowledge Effect: A Harmful Bias in Team Decision Making
Teams often make worse decisions than individuals by relying too much on widely understood data while disregarding information possessed by only a few individuals.
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Teams often make worse decisions than individuals by relying too much on widely understood data while disregarding information possessed by only a few individuals.
Isabel Botero, Sarah Snyder and Jocelyn Deamer of the UofL Family Business Center are among the 2021 Rechter Fellows. The second cohort of Sam and Bonnie Rechter Fellows has been selected to conduct research on positive leadership. Five projects that support the development of virtue and excellence in leadership have been awarded funding and fellowship designation as part of the project. This is the second year the project has provided five grants of up to $5,000 each to be used for research or to develop instructional tools that focus on positive leadership. The grants are funded by a donati...