How cognitive biases can affect management decisions

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1. Provide a conceptual model relating executive incentive compensation structure to management biases.

2. Using a diagram, illustrate how cognitive biases can affect management decisions and risk-taking.

3. Provide a conceptual model for how data and risk analytics can affect risk-taking by the firm via its impacts on cognitive bias.

4. Use a diagram to show how risk-adjusted performance metrics can affect risk-taking in the management utility model.

Reference no: EM13936494

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