Understanding individual level of search
Following the seminal work of Simon (1947) and Cyert and March (1963), the field of management has given considerable attention to the concept of search. Most of the work in this stream of literature has focused on search at the organizational level. In our study, building on prior studies in psychology and organizational behavior, we intend to examine search at the individual level and then seek to understand the role of aspirations, experience and changes in the environment on the locus of search and the type of search. We will develop a game to simulate a decision-making environment and then run experiments in a lab to track search processes that individuals use. Our study has the potential to contribute to the literature on search by unpacking mechanisms at a granular level, which is not possible with a large-sample study based on archival data.
Understanding individual level of search
Project Team: | Sai Yayavaram and Kannan Srikanth |
Sponsor: | IIM Bangalore |
Project Status: | Ongoing (Initiated in March 2020) |
Area: | Strategy |
Abstract: | Following the seminal work of Simon (1947) and Cyert and March (1963), the field of management has given considerable attention to the concept of search. Most of the work in this stream of literature has focused on search at the organizational level. In our study, building on prior studies in psychology and organizational behavior, we intend to examine search at the individual level and then seek to understand the role of aspirations, experience and changes in the environment on the locus of search and the type of search. We will develop a game to simulate a decision-making environment and then run experiments in a lab to track search processes that individuals use. Our study has the potential to contribute to the literature on search by unpacking mechanisms at a granular level, which is not possible with a large-sample study based on archival data. |