Superstitious Behavior as a Byproduct of Intelligent Adaptation

Jerker C. Denrell

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Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies Paranormal Experiences and Beliefs

Abstract

Abstract This article reviews the literature on superstitious behavior in psychology. It then illustrates why limited experimentation is a necessary feature of an intelligent learning policy and why limited experimentation can explain why individuals and organizations perpetuate superstitious behavior. It subsequently discusses several sources of superstitious behavior in organizations. Finally, the article notes that an implication of the author's analysis is that innovations will emerge from managers who are inclined to, or forced by stakeholders, to make unreasonable decisions that ignore the costs of experimenting.

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References

1991Exploration and Exploitation in Organizational Learning 1991Organizational Learning: The Contributing Processes and the Literatures 1989Competing Technologies, Increasing Returns, and Lock-In by Historical Events 1988Organizational Learning 1973On the psychology of prediction.1982An evolutionary theory of economic change 1981Human Inference: Strategies and Shortcomings of Social Judgment.1987Confirmation, disconfirmation, and information in hypothesis testing.

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