Professor Oscar H Gandy Jr's Books

Coming to Terms with Chance

Engaging Rational Discrimination and Cumulative Disadvantage

By: Professor Oscar H Gandy Jr

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Coming to Terms with Chance

Engaging Rational Discrimination and Cumulative Disadvantage

By: Professor Oscar H Gandy Jr

The application of probability and statistics to an ever-widening number of life-decisions serves to reproduce, reinforce, and widen disparities in the quality of life that different groups of people can enjoy. As a critical technology assessment, the ways in which bad luck early in life increase the probability that hardship and loss will accumulate across the life course are illustrated. Analysis shows the ways in which individual decisions, informed by statistical models, shape the opportunities people face in both market and non-market environments. Ultimately, this book challenges the actuarial logic and instrumental rationalism that drives public policy and emphasizes the role that the mass media play in justifying its expanded use. Although its arguments and examples take as their primary emphasis the ways in which these decision systems affect the life chances of African-Americans, the findings are also applicable to a broad range of groups burdened by discrimination.

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Page Count

462

Publisher

Ashgate Publishing, Ltd.

Published Date

ISBN 10

1409492141

ISBN 13

9781409492146

Escalation in Decision-Making

Behavioural Economics in Business

By: Ms Julia Hodgson,Professor Helga Drummond

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Escalation in Decision-Making

Behavioural Economics in Business

By: Ms Julia Hodgson,Professor Helga Drummond

When a venture seems to be faltering, do you persist and hope that things will get better or do you cut your losses? This may be one of the most important decisions business or project owners may ever have to make. Persistence involves the risk of throwing good money (or resources) after bad, but owners may feel they have too much invested to quit now. Escalation in Decision-Making reveals why social scientists believe that owners may not respond rationally to such predicaments. Instead of exiting when the odds are clearly stacked against them, they re-invest and end up compounding their losses – a phenomenon known as escalation of commitment. The authors, Helga Drummond and Julia Hodgson, also introduce the concept of entrapment, a variation whereby decision-makers passively drift towards insolvency as the cost of changing direction becomes too high. So: · what drives escalation? · why do some owners quit whilst others persist until the bailiffs arrive? · what can we learn from owners' mistakes? · what makes newcomers believe they can succeed where others are conspicuously failing? These questions of behavioural economics are answered using a narrative that analyses decisions made by market traders facing economic extinction. Many highly successful entrepreneurs started their careers in markets - it was once an almost guaranteed route to prosperity - now market traders are struggling to survive. Although the market traders featured are small entrepreneurs, the ubiquitous phenomenon of escalation at the heart of these stories is widely relevant to practitioners such as project managers in large organizations and to those responsible for managing risk in many situations. Rich in case studies involving real business decisions and dilemmas, Escalation in Decision-Making provides an accessible introduction to the application of theory against a background of growing interest in behavioural economics, now being researched and taught in universities and increasingly attracting the attention of business practitioners.

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Page Count

184

Publisher

Gower Publishing, Ltd.

Published Date

ISBN 10

1409460002

ISBN 13

9781409460008

Theories of the Information Society

By: Professor Frank Webster,Frank Webster

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Theories of the Information Society

By: Professor Frank Webster,Frank Webster

Information has come to be regarded as a symbol of the age in which we live. Talk nowadays is of an `information technology' revolution, even of an `information society'. But just what does this mean? In Theories of the Information Society Frank Webster sets out to make sense of the information explosion. He examines and assesses a variety of `images of the information society', and takes a sceptical look at what thinkers mean when they do refer to an `information society'. He looks closely at different approaches to informational developments, and provides critical commentaries on all the major post-war theories.

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Page Count

313

Publisher

Routledge

Published Date

ISBN 10

1134460287

ISBN 13

9781134460281

Movies and Money

Financing the American Film Industry

By: Professor Janet Wasko

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Movies and Money

Financing the American Film Industry

By: Professor Janet Wasko

This volume is the first in-depth study of the relationship between Hollywood and its financiers from the early film entrepeneuers who established the trade at the turn of the century, through the present day multinational, diversified film coporations that dominate the communication/entertainment industry of the world. Specific case studies are drawn from primary sources and crucial questions of financial control and corporate power are examined in light of their broader implications for media production and distribution.

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Page Count

276

Publisher

Praeger

Published Date

ISBN 10

0893911313

ISBN 13

9780893911317

Coming to Terms with Chance

Engaging Rational Discrimination and Cumulative Disadvantage

By: Professor Oscar H Gandy Jr

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Coming to Terms with Chance

Engaging Rational Discrimination and Cumulative Disadvantage

By: Professor Oscar H Gandy Jr

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N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

462

Publisher

Ashgate Publishing, Ltd.

Published Date

ISBN 10

1409492141

ISBN 13

9781409492146

Book's by Professor Oscar H Gandy Jr

Coming to Terms with Chance

Coming to Terms with Chance

Escalation in Decision-Making

Escalation in Decision-Making

Theories of the Information Society

Theories of the Information Society

Movies and Money

Movies and Money

Coming to Terms with Chance

Coming to Terms with Chance

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