tag:blogger.com,1999:blog-32636283.post5510887651470817369..comments2023-03-26T03:50:25.501-04:00Comments on David's Secret Blog: Interesting GraphUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-32636283.post-6156859778364443262010-05-26T13:21:18.326-04:002010-05-26T13:21:18.326-04:00My brother, the engineeering professor, likes to s...My brother, the engineeering professor, likes to say that in engineering you never have all the information you need, but a good engineer knows when it's time to go ahead anyway.Harry Eagarhttps://www.blogger.com/profile/04196202758858876402noreply@blogger.comtag:blogger.com,1999:blog-32636283.post-4526439009522294522010-05-24T18:31:06.367-04:002010-05-24T18:31:06.367-04:00Sounds plausible.Sounds plausible.Brethttps://www.blogger.com/profile/15063508651955739056noreply@blogger.comtag:blogger.com,1999:blog-32636283.post-77852922002814833142010-05-24T16:52:17.913-04:002010-05-24T16:52:17.913-04:00I think Mr. Eagar has the root of the problem.
Hi...I think Mr. Eagar has the root of the problem.<br /><br />High risk firms tend to be in areas where the risks are, well, high, usually because so much is unknown and can't be known. So additional information gathering doesn't help much with governance.<br /><br />In contrast, low risk firms tend to operate in areas where far more can be known, so information gathering is much more useful.Susan's Husbandhttps://www.blogger.com/profile/02862667802025231163noreply@blogger.comtag:blogger.com,1999:blog-32636283.post-8823103908622738332010-05-24T14:46:53.297-04:002010-05-24T14:46:53.297-04:00How do you know when you've gathered a lot, vs...How do you know when you've gathered a lot, vs. a little, of the relevant information? Isn't that always a known unknown?Harry Eagarhttps://www.blogger.com/profile/04196202758858876402noreply@blogger.comtag:blogger.com,1999:blog-32636283.post-46186883511193567042010-05-24T11:34:04.190-04:002010-05-24T11:34:04.190-04:00Why do "low-risk" firms end up being mor...Why do "low-risk" firms end up being more entrepreneurial than "high-risk" firms at "high-comprehensiveness"? When I looked at the graph, I wondered whether those lines should really be so straight or whether they should approach a horizontal asymptote with the high-risk firms always being at least as entrepreneurial as the low-risk firms.Brethttps://www.blogger.com/profile/15063508651955739056noreply@blogger.com