Abstract:

The purpose of the research was to develop a theoretical framework with testable propositions discussing the role of counterfactual thinking in fostering accurate decision-making in groups and preventing catastrophes,
being mediated by information searching, sharing, task conflict and conflict management mechanisms, moderated by task complexity, cognitive complexity, cognitive closure and tolerance of ambiguity. A theoretical
framework is formulated and propositions are postulated involving independent, mediating, moderating and dependent variables. This research recommends a helpful framework for understanding of how counterfactual
thinking affects information searching, sharing and decision-making accuracy in groups, thereby preventing catastrophes. The proposed framework might be of assistance in managing complex group decision-making
and information sharing in organizations. Decision-makers may become aware that activating counterfactual mind-set enables them to search for critical information facilitating accurate decision-making in groups
leading to catastrophe prevention.


About the Speaker:

Mamta Tripathi has been a Postdoctoral Research Fellow in Behavioural Sciences at Indian Institute of Management Calcutta, India. She has done her PhD from Indian Institute of Technology Guwahati, Assam, India. She
received her master’s degree in Psychology from the University of Lucknow, India. Her current research interests include Counterfactual Thinking, Decision-Making, Knowledge Management, and Leadership.