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A Behavioral Theory of the Firm.
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The myopia of learning
Organizational learning has many virtues, virtues which recent writings in strategic management have highlighted. Learning processes, however, are subject to some important limitations. As isExpand
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Exploration and Exploitation in Organizational Learning
This paper considers the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning. It examines some complications in allocatingExpand
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A Garbage Can Model of Organizational Choice.
Organized anarchies are organizations characterized by problematic preferences, unclear technology, and fluid participation. Recent studies of universities, a familiar form of organized anarchy,Expand
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A primer on decision making : how decisions happen
TLDR
An introduction to decision making, a central human activity, fundamental to individual, group, organizational, and societal life. Expand
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Rediscovering institutions: The organizational basis of politics
The state has lost its position of centrality in contemporary political theory ideas of moral individualism and an emphasis on bargaining among conflicting interest have usurped ideas that embeddedExpand
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Managerial perspectives on risk and risk taking
This paper explores the relation between decision theoretic conceptions of risk and the conceptions held by executives. It considers recent studies of risk attitudes and behavior among managersExpand
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A Behavioral Theory of the Firm
Provides a theory of decision making within business organizations. Contrary to the economic theory of the firm, which sees firms as profit-maximizing entities, the authors advocate a theory based onExpand
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Bounded rationality, ambiguity, and the engineering of choice
Rational choice involves two guesses, a guess about uncertain future consequences and a guess about uncertain future preferences. Partly as a result of behavioral studies of choice over a twenty-yearExpand
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Footnotes To Organizational Change
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