Escalation in Decision-Making: The Tragedy of Taurus [Hardcover]

Helga Drummond (Author)

Book Description

Publication Date: February 13, 1997 | ISBN-10: 0198289537 | ISBN-13: 978-0198289531

This book describes the Taurus project--a �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 decision-making, the book both tells an absorbing story and adds to our understanding of decision escalation.

Editorial Reviews

Review

"The development of a diverse set of perspectives from which to view escalation should lead to greater insights into the phenomenon...Drummond's book may one day be viewed as an important catalyst in the further development of the escalation literature."--ASQ

About the Author

Helga Drummond is a Senior Lecturer, Institute of Public Administration and Management at University of Liverpool.

Product Details

• Hardcover: 272 pages
• Publisher: Oxford University Press, USA (February 13, 1997)
• Language: English
• ISBN-10: 0198289537
• ISBN-13: 978-0198289531
• Product Dimensions: 8.6 x 5.8 x 1 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #5,689,602 in Books (See Top 100 in Books)

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