IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/51229.html
   My bibliography  Save this paper

Regulators as agents: modelling personality and power as evidence is brokered to support decisions on environmental risk

Author

Listed:
  • Davies, G.J.
  • Kendall, G.
  • Soane, Emma
  • Li, J.
  • Rocks, S.A.
  • Jude, S.R.
  • Pollard, S.J.T.

Abstract

Complex regulatory decisions about risk rely on the brokering of evidence between providers and recipients, and involve personality and power relationships that influence the confidence that recipients may place in the sufficiency of evidence and, therefore, the decision outcome. We explore these relationships in an agent-based model; drawing on concepts from environmental risk science, decision psychology and computer simulation. A two-agent model that accounts for the sufficiency of evidence is applied to decisions about salt intake, animal carcass disposal and radioactive waste. A dynamic version of the model assigned personality traits to agents, to explore their receptivity to evidence. Agents with ‘aggressor’ personality sets were most able to imbue fellow agents with enhanced receptivity (with ‘avoider’ personality sets less so) and clear confidence in the sufficiency of evidence. In a dynamic version of the model, when both recipient and provider were assigned the ‘aggressor’ personality set, this resulted in 10 successful evidence submissions in 71 days, compared with 96 days when both agents were assigned the ‘avoider’ personality set. These insights suggest implications for improving the efficiency and quality of regulatory decision making by understanding the role of personality and power.

Suggested Citation

  • Davies, G.J. & Kendall, G. & Soane, Emma & Li, J. & Rocks, S.A. & Jude, S.R. & Pollard, S.J.T., 2014. "Regulators as agents: modelling personality and power as evidence is brokered to support decisions on environmental risk," LSE Research Online Documents on Economics 51229, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:51229
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/51229/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brailsford, Sally & Schmidt, Bernd, 2003. "Towards incorporating human behaviour in models of health care systems: An approach using discrete event simulation," European Journal of Operational Research, Elsevier, vol. 150(1), pages 19-31, October.
    2. Gary Hamel, 1991. "Competition for competence and interpartner learning within international strategic alliances," Strategic Management Journal, Wiley Blackwell, vol. 12(S1), pages 83-103, June.
    3. Silvano Cincotti & Eric Guerci, 2005. "Agent-based simulation of power exchange with heterogeneous production companies," Computing in Economics and Finance 2005 334, Society for Computational Economics.
    4. Rikard Larsson & Lars Bengtsson & Kristina Henriksson & Judith Sparks, 1998. "The Interorganizational Learning Dilemma: Collective Knowledge Development in Strategic Alliances," Organization Science, INFORMS, vol. 9(3), pages 285-305, June.
    5. Hans Amman & Floortje Alkemade & Han la Poutre, 2003. "Intermediaries in an Electronic Trade Network," Computing in Economics and Finance 2003 6, Society for Computational Economics.
    6. G.J. Davies & G. Kendall & E. Soane & J. Li & F. Charnley & S.J.T. Pollard, 2010. "Regulators as 'agents': power and personality in risk regulation and a role for agent-based simulation," Journal of Risk Research, Taylor & Francis Journals, vol. 13(8), pages 961-982, December.
    7. Rémy Courdier & François Guerrin & Fenintsoa Andriamasinoro & Jean-Marie Paillat, 2002. "Agent-Based Simulation of Complex Systems: Application to Collective Management of Animal Wastes," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 5(3), pages 1-4.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stienstra, Miranda, 2020. "The determinants and performance implications of alliance partner acquisition," Other publications TiSEM 7fdee0c2-d4d2-4f5b-95e3-2, Tilburg University, School of Economics and Management.
    2. Wilfried Zidorn & Marcus Wagner, 2012. "Too Much of a Good Thing: The Role of Alliance Portfolio Diversity for Innovation Output in the Biotechnology Industry," DRUID Working Papers 12-10, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    3. Sam Tavassoli & Lars Bengtsson, 2018. "The Role Of Business Model Innovation For Product Innovation Performance," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(07), pages 1-28, October.
    4. Heimeriks, K. & Duysters, G.M. & Vanhaverbeke, W.P.M., 2004. "The evolution of alliance capabilities," Working Papers 04.20, Eindhoven Center for Innovation Studies.
    5. Huang, Ming-Chang & Chiu, Ya-Ping, 2020. "A knowledge tension perspective on management control and performance in international joint ventures," Journal of International Management, Elsevier, vol. 26(4).
    6. de Leeuw, Tim & Lokshin, Boris & Duysters, Geert, 2014. "Returns to alliance portfolio diversity: The relative effects of partner diversity on firm's innovative performance and productivity," Journal of Business Research, Elsevier, vol. 67(9), pages 1839-1849.
    7. Minna Halme, 2001. "Learning for sustainable development in tourism networks," Business Strategy and the Environment, Wiley Blackwell, vol. 10(2), pages 100-114, March.
    8. Tulin Dzhengiz, 2020. "A Literature Review of Inter-Organizational Sustainability Learning," Sustainability, MDPI, vol. 12(12), pages 1-52, June.
    9. Kavusan, K., 2015. "Essays on capability development through alliances," Other publications TiSEM 8eb736a5-b217-4718-ac13-d, Tilburg University, School of Economics and Management.
    10. Ding, Xiu-Hao & Huang, Rui-Hua, 2010. "Effects of knowledge spillover on inter-organizational resource sharing decision in collaborative knowledge creation," European Journal of Operational Research, Elsevier, vol. 201(3), pages 949-959, March.
    11. Marcus Wagner & Wilfried Zidorn, 2017. "Effects of extent and diversity of alliancing on innovation: the moderating role of firm newness," Small Business Economics, Springer, vol. 49(4), pages 919-936, December.
    12. Chen, Yi-Min & Ni, Yu-Ting & Liu, Hsin-Hsien & Teng, Ying-Maw, 2015. "Information- and rivalry-based perspectives on reactive patent litigation strategy," Journal of Business Research, Elsevier, vol. 68(4), pages 788-792.
    13. BeomJu Park & Chang-Yang Lee, 2023. "Does R&D cooperation with competitors cause firms to invest in R&D more intensively? evidence from Korean manufacturing firms," The Journal of Technology Transfer, Springer, vol. 48(3), pages 1045-1076, June.
    14. Xiu-Hao Ding & Rui-Hua Huang & Dong-Lin Liu, 2012. "Resource allocation for open and hidden learning in learning alliances," Asia Pacific Journal of Management, Springer, vol. 29(1), pages 103-127, March.
    15. Nasr, Eman S. & Kilgour, Marc D. & Noori, Hamid, 2015. "Strategizing niceness in co-opetition: The case of knowledge exchange in supply chain innovation projects," European Journal of Operational Research, Elsevier, vol. 244(3), pages 845-854.
    16. Ming-Chang Huang & Ya-Ping Chiu, 2014. "The antecedents and outcome of control in IJVs: A control gap framework," Asia Pacific Journal of Management, Springer, vol. 31(1), pages 245-269, March.
    17. Li, Lingjia & Shan, Shuo & Dai, Jing & Che, Wen & Shou, Yongyi, 2022. "The impact of green supply chain management on green innovation: A meta-analysis from the inter-organizational learning perspective," International Journal of Production Economics, Elsevier, vol. 250(C).
    18. Tobias Hahn & Jonatan Pinkse, 2014. "Private environmental governance through cross-sector partnerships: Tensions between competition and effectiveness," Working paper serie RMT - Grenoble Ecole de Management hal-00961234, HAL.
    19. Kok, Holmer & Faems, Dries & de Faria, Pedro, 2020. "Ties that matter: The impact of alliance partner knowledge recombination novelty on knowledge utilization in R&D alliances," Research Policy, Elsevier, vol. 49(7).
    20. Müller, Dirk, 2010. "Alliance Coordination, Dysfunctions, and the Protection of Idiosyncratic Knowledge in Strategic Learning Alliances," EconStor Preprints 41039, ZBW - Leibniz Information Centre for Economics.

    More about this item

    Keywords

    risk; agent; regulation; power; personality; model;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:51229. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.