Construct · 1 fields · 1 citations

hot stove effect: a standalone construct

One name. One construct. A landmark on the map.

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hot stoveeffect1 CONSTRUCTHot stove effectDENRELL · ORGANIZATIONAL

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Organizational learning

the bias in adaptive learning whereby an option that once gave a poor outcome is avoided, so its true value is never learned and risky alternatives are undervalued.

In organizational learning, hot stove effect refers to the bias in adaptive learning whereby an option that once gave a poor outcome is avoided, so its true value is never learned and risky alternatives are undervalued. This meaning comes from Denrell (2001) in Organization Science.[1]

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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructslearning6 fields · 14 citationsjingle · one name, six constructsoption4 fields · 9 citationsjingle · one word, four constructs

References

  1. Denrell, J., & March, J. G. (2001). Adaptation as Information Restriction: The Hot Stove Effect. Organization Science, 12(5), 523-538. https://doi.org/10.1287/orsc.12.5.523.10092

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