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Full-Text Articles in Business
Modeling Dependence Among Geologic Risks In Sequential Exploration Decisions, J. Eric Bickel, James E. Smith
Modeling Dependence Among Geologic Risks In Sequential Exploration Decisions, J. Eric Bickel, James E. Smith
Eric Bickel
Prospects in a common basin are likely to share geologic features. For example, if hydrocarbons are found at one location, they may be more likely to be found at other nearby locations. When making drilling decisions, we should be able to exploit this dependence and use drilling results from one location to make more informed decisions about other nearby prospects. Moreover, we should consider these informational synergies when evaluating multi-prospect exploration opportunities. In this paper, we describe an approach for modeling the dependence among prospects and determining an optimal drilling strategy that takes this information into account. We demonstrate this …
Harmful Help: The Costs Of Backing Up Behavior In Teams, Christopher M. Barnes, J. R. Hollenbeck, David Turley Wagner, D. S. Derue, J. D. Nahrgang, K. M. Schwind
Harmful Help: The Costs Of Backing Up Behavior In Teams, Christopher M. Barnes, J. R. Hollenbeck, David Turley Wagner, D. S. Derue, J. D. Nahrgang, K. M. Schwind
Research Collection Lee Kong Chian School Of Business
Prior research on backing-up behavior has indicated that it is beneficial to teams (C. O. L. H. Porter, 2005; C. O. L. H. Porter et al., 2003). This literature has focused on how backing-up behavior aids backup recipients in tasks in which workload is unevenly distributed among team members. The authors of the present study examined different contexts of workload distribution and found that, in addition to the initial benefits to backup recipients, there are initial and subsequent costs. Backing-up behavior leads backup providers to neglect their own taskwork, especially when workload is evenly distributed. Team members who receive high …