Escalation In Decisionmaking: The Tragedy Of Taurus

Escalation In Decisionmaking: The Tragedy Of Taurus

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SKU: SONG0198289537
Brand: OXFORD UNIVERSITY PRESS
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This book describes the Taurus projecta 500m project to automate settlement systems on the London Stock Exchange. Begun in 1986, it was eventually abandoned in 1993. How was it that a major project promoted by the Stock Exchange, supervised by committees, advised upon by two major consultancies, staffed by an experienced technical team, could go wrong? Why was the decision to abandon the project not taken earlier? Written in the context of theories of decisionmaking, the book both tells an absorbing story and adds to our understanding of decision escalation.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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