Bounded Rationality in the Economics of Organization:

OPEN ARCHIVE

Union Jack
Dannebrog

Bounded Rationality in the Economics of Organization:

Show simple item record

dc.contributor.author Foss, Nicolai J.
dc.date.accessioned 2009-08-20
dc.date.accessioned 2009-08-20T12:01:33Z
dc.date.available 2009-08-20T12:01:33Z
dc.date.issued 2009-08-20
dc.identifier.isbn 8778731127
dc.identifier.uri http://hdl.handle.net/10398/7896
dc.description.abstract The way in which bounded rationality enters contemporary organizational economics theorizing is examined. It is argued that, as it is being used, bounded rationality is neither necessary nor sufficient for producing the results of organizational economics. It is at best a rhetorical device, used for the purpose of loosely explaining incomplete contracts. However, it is possible to incorporate much richer notions of bounded rationality, founded on research in cognitive psychology, and to illuminate the study of economic organization by means of such notions. A number of examples are provided. en_US
dc.format.extent 36 s. en_US
dc.language eng en_US
dc.publisher DRUID en_US
dc.relation.ispartofseries DRUID Working Paper;01-13
dc.title Bounded Rationality in the Economics of Organization: en_US
dc.type wp en_US
dc.accessionstatus modt09aug20 liga en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Danish Research Unit for Industrial Dynamics en_US
dc.contributor.departmentshort DRUID en_US
dc.contributor.departmentuk Danish Research Unit for Industrial Dynamics en_US
dc.contributor.departmentukshort DRUID en_US
dc.idnumber 8778731127 en_US
dc.publisher.city Frederiksberg en_US
dc.publisher.year 2001 en_US
dc.title.subtitle Present Use and (Some)Future Possibilities en_US


Creative Commons License This work is licensed under a Creative Commons License.

Files Size Format View
DRUID_01_13.pdf 124.4Kb PDF View/Open

This item appears in the following Collection(s)

Show simple item record