What is it about?
When groups of individuals jointly search for improvements, they face unique problems not faced by solitary searchers. Our analysis shows that the beliefs that groups begin with (even if false) can be surprisingly useful in their search processes. Implications are drawn for the value of leadership, vision and authority even when these are unaccompanied by wisdom.
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Why is it important?
The key insight is about the adaptive value of structure, even when it is designed by boundedly rational agents. This paper adds to the body of work that tries to understand organizations as complex systems designed and inhabited by relatively simple minded agents.
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This page is a summary of: How Initial Representations Shape Coupled Learning Processes, Organization Science, March 2016, INFORMS,
DOI: 10.1287/orsc.2015.1033.
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