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Diversity and Performance: Networks of Cognition in Markets and Teams

Objetivo

Contemporary organizations face three interrelated, but analytically distinguishable, challenges. First, they should be alert to mistakes that could be catastrophic. Second, they need to allocate attention, especially to correct past mistakes and to make accurate predictions about future developments. Third, they should be innovative, able to stand out from existing categories while being recognized as outstanding. This project investigates these cognitive challenges with the aim of developing a comprehensive sociological approach to study the social properties of cognition. Research on error detection, attention allocation, and recognizant innovation will be conducted in three distinct settings strategically chosen so the scale and complexity of the performance challenges increases across the cases. The research question that cuts across the socio-cognitive challenges asks whether and how diversity contributes to performance. 1) We first test whether social context, understood at the most basic level as the composition of a small collectivity, affects the cognitive activity of pricing. To do so, I use experimental market methods to test whether ethnic and gender diversity deflate price bubbles by disrupting herding behaviour. 2) The second study tests how the social structure of attention affects valuation. The activities involve error correction and accuracy of prediction in estimates by securities analysts; the method is two-mode network analysis; and the timing, intensity, and diversity of attention networks are the effects to be tested. 3) Whereas my first two tests examine relations among competitors, my third examines relations within and across collaborative teams. In studying the network properties of creativity, the challenge is recognizant innovation, the activity involves recording sessions in the field of music, the method is cultural network analysis, and the effects to be tested are the combined effects of stylistic diversity and social structure.

Régimen de financiación

ERC-ADG - Advanced Grant

Institución de acogida

THE UNIVERSITY OF WARWICK
Aportación neta de la UEn
€ 1 988 224,25
Dirección
Kirby Corner Road - University House
CV4 8UW Coventry
United Kingdom

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Región
West Midlands (England) West Midlands Coventry
Tipo de actividad
Higher or Secondary Education Establishments
Otras fuentes de financiación
€ 0,00

Beneficiarios (4)

THE UNIVERSITY OF WARWICK
United Kingdom
Aportación neta de la UEn
€ 1 988 224,25
Dirección
Kirby Corner Road - University House
CV4 8UW Coventry

Ver en el mapa

Región
West Midlands (England) West Midlands Coventry
Tipo de actividad
Higher or Secondary Education Establishments
Otras fuentes de financiación
€ 0,00
UNIVERSITA DELLA SVIZZERA ITALIANA

La participación finalizó

Suiza
Aportación neta de la UEn
€ 33 218,94
Dirección
Via Giuseppe Buffi 13
6900 Lugano
Región
Schweiz/Suisse/Svizzera Ticino Ticino
Tipo de actividad
Higher or Secondary Education Establishments
Otras fuentes de financiación
€ 0,00
ALMA MATER STUDIORUM - UNIVERSITA DI BOLOGNA
Italia
Aportación neta de la UEn
€ 237 331,25
Dirección
Via Zamboni 33
40126 Bologna

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Región
Nord-Est Emilia-Romagna Bologna
Tipo de actividad
Higher or Secondary Education Establishments
Otras fuentes de financiación
€ 0,00
FUNDACION ESADE
España
Aportación neta de la UEn
€ 233 258,56
Dirección
Avenida Pedralbes 60-62
08034 Barcelona

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Región
Este Cataluña Barcelona
Tipo de actividad
Higher or Secondary Education Establishments
Otras fuentes de financiación
€ 0,00