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- W1034191097 abstract "The criticism of the rationality postulate of economic theory that has been put forth by the administration theorists within the Carnegie Tech school and the countercriticism coming from economic theorists, are based on different methodological premises. The administration theorists are mainly concerned to meet the criterion of empirical relevance in economic theory, whereas the economic theorists put the emphasis on theoretical relevance. However, their one-sided demands tend to become ends in themselves, and it may therefore be assumed that both standpoints entail risk of suboptimizations which disfavour the explanatory and predictive ability of economic theory." @default.
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- W1034191097 date "1973-09-01" @default.
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- W1034191097 title "The Economic Postulate of Rationality: Some Methodological Views" @default.
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