Vicarious Learning, Undersampling of Failure, and the Myths of Management¶
Denrell, J. (2003). Vicarious Learning, Undersampling of Failure, and the Myths of Management. Organization Science, 14(3), 227-243.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Portfolio Screening
- … is invisible and self-reinforcing: the fund observes returns only from deals it funded, never from the ones it screened out, so the coarse filter can never see its own false negatives and slowly encodes whatever bias made unconventional candidates score low — survivorship bias operating on the screen itself.
This sourceShows that observing survivors of a selective process undersamples failure and can systematically bias the beliefs learned from that selected sample.
- … is invisible and self-reinforcing: the fund observes returns only from deals it funded, never from the ones it screened out, so the coarse filter can never see its own false negatives and slowly encodes whatever bias made unconventional candidates score low — survivorship bias operating on the screen itself.
Verification¶
Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.
Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:8310deed345d · see in the full table