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    Effect of scenario planning on field experts' judgment of long-range investment decisions

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    We present the results of three field experiments demonstrating the effect of scenario planning on field experts' judgment of several long-range investment decisions. Our results show, contrary to past findings, that the use of multiple scenarios does not cause an aggregate increase or decrease in experts' confidence in their judgment. Rather, expert judgment changes in accordance with how an investment fares in a given scenario: it becomes more favorable if the investment is found to be useful for a particular scenario used by the expert, and vice versa. This scenario-induced change is moderated by the expert's confidence in his/her judgment before using the scenario. Finally, our results show that field experts prefer more flexible options to make specific long-range investments after using multiple scenarios.National Research Council (U.S.). Transportation Research Board (National Cooperative Highway Research Program grant, project 20-83(1)

    The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage

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    Presentation on overcoming vulnerability in the enterpris

    Report to the President for year ended June 30, 2021, MIT Center for Transportation and Logistics

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    This report contains the following sections: Accomplishments and Awards; Education; Research; Outreach; Personnel Change

    Driving Growth and Employment Through Logistics

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    Report to the President for year ended June 30, 2019, MIT Center for Transportation and Logistics

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    This report contains the following sections: Accomplishments and Awards; Education; Research; Outreach; Capstone Projects and Research Partners; Personnel Change

    Report to the President for year ended June 30, 2017, MIT Center for Transportation and Logistics

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    This report contains the following sections: Accomplishments and Awards; Education; MIT Global Supply Chain and Logistics Excellence Network; Research; Outreach; Personnel Change

    Report to the President for year ended June 30, 2025, MIT Center for Transportation & Logistics

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    This report contains the following sections: AY2025 Accomplishments & Awards; Education; Research; Outreach; Personnel Changes; and Appendix

    Report to the President for year ended June 30, 2018, MIT Center for Transportation and Logistics

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    This report contains the following sections: Accomplishments and Awards; Education; MIT Global Supply Chain and Logistics Excellence; Network; Research; Outreach; Personnel Change

    Like COVID, tackling climate change demands a technological leap

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    Vaccines are helping us survive this pandemic. The climate emergency requires a similar leap in technology and the international co-operation needed to deliver it, says Yossi Sheffi (Massachusetts Institute of Technology)

    Report to the President for year ended June 30, 2013, Engineering Systems Division

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    This report contains the following sections: Faculty; Graduate Education; Research; Achievements; Alumni Honors; Student Honors; Conferences and Lectures; Alumni Advisory Council Meeting; Leaders for Global Operations; System Design and Management; Technology and Policy Program; MIT Sociotechnical Systems Research Center; Center for Biomedical Innovation; Center for Complex Engineering Systems; Center for Engineering Systems Fundamentals; MIT Center for Transportation and Logistics; MIT Supply Chain Management Progra
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