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This paper in Management Science has been cited more than 6,000 times. It’s fatally flawed.
(statmodeling.stat.columbia.edu)
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So, cut short, management "science" is anything but science. Having read the books needed to get an Harvard MBA and having some good laughs about them, I am not surprised. This is just one big scam. They don't go to Harvard for knowledge, they go there solely for "elite connections". And it shows, wherever those managers go.