article thumbnail

M: Expectancy

LDRLB

Expectancy theory attempts to explain the mental processed of choice or choosing. The theory itself was first proposed by Victor Vroom, who served as a professor at Yale School of Management. These elements are: valence, instrumentality and expectancy. Expectancy theory presents a formula for motivation.

article thumbnail

M: Expectancy

LDRLB

Expectancy theory attempts to explain the mental processed of choice or choosing. The theory itself was first proposed by Victor Vroom, who served as a professor at Yale School of Management. These elements are: valence, instrumentality and expectancy. Expectancy theory presents a formula for motivation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

14 Leadership Studies – Quick Overview of Leadership

CO2

GREAT MAN THEORY. That’s the basis behind this early 20th century theory proposed by Thomas Carlyle. Likert proposed several types of leadership styles including exploitative authoritative, benevolent authoritative, consultative, and participative. SITUATIONAL LEADERSHIP THEORY. CONTINGENCY THEORY OF LEADERSHIP.

article thumbnail

The (Many) Things Macroeconomists Don't Know

Harvard Business Review

Another quote: " Rational expectations theory has brought macroeconomics a long way. Buuut "atomistic rational agents [the figures that populate DSGE models] don't capture behavior during a crisis." but there is a clear case to reexamine the assumptions." All that matters is whether it delivers useful predictions.

Crisis 12