Professional Development Workshop
Academy of Management Conference 2011
Sponsors: RM, BPS, OB, TIM, HR, ENT, ODC
Why We All Should Be Bayesians: Opportunities of Bayesian Statistics for Management Research
David Krackhardt, Carnegie Mellon University
William H. Starbuck, University of Oregon
Joern H. Block, Technical University Munich
Miguel Sousa Lobo, INSEAD
Ehsanola S. Soofi, University of Wisconsin - Milwaukee
Andreas Schwab, Iowa State University
Friday, August 12, 2011 at 2:45 PM – 5:15 PM
San Antonio Convention Center, Room 202-B
Academy of Management Conference in San Antonio, Texas
The purpose of this workshop is to introduce management researchers to the opportunities of Bayesian statistics for empirical research in the management sciences. We will outline the fundamental features of the Bayesian method without delving into the mathematical details. Instead, we will first outline the conceptual differences and potential advantages of a Bayesian approach compared to traditional statistical analyses involving null-hypothesis significance tests (NHSTs). We will then show examples from empirical management research that illustrates Bayesian data analysis. These examples will also introduce alternative software solutions that are available to implement Bayesian analyses. Finally, we will discuss why in spite of strong arguments supporting the use of Bayesian statistics, the field of management research has been very reluctant considering Bayesian analysis as an alternative. The purpose of this workshop is to convince participants of the potential opportunities Bayesian methods can provide and to enable organizational researchers to apply these methods in future research.
No pre-registration is required to attend this workshop.
For further information on this session, please contact Andreas Schwab (aschwab@iastate.edu).
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