Answers are grounded in this paper and cite their sources.
March and Shapira's (1987, 1992) model of managers' risk preferences allows for shifts in attention between survival and aspiration levels. Our study provides initial empirical tests of their model...
No takes yet. Share an insight, caveat, or question.
Miller et al. (2004) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: