Two new papers by Chengwei Liu accepted for publication
June 22, 2021 |
The journal article “The Variance of Variance”, co-written by ESMT professor Chengwei Liu, was nominated as a finalist for the 2021 Best Paper Award for Organization and Management Theory division. The paper will be included in the Best Paper Proceedings, Academy of Management 2021. In addition, his paper “In luck we trust: Capturing diversity bonus through random selection” is published in the Journal of Organization Design.
Both papers investigate the often overlooked role of luck in management and organizational design. "The variance of variance" promotes the applications of chance models to understand when luck is a better explanation for corporate successes, whereas "In luck we trust" explores how random selection may help capturing diversity bonuses within teams when blind luck trumps biased reasons.