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- W577463746 abstract "Part I Background: bounded rationality and economic evolution broad implications for economics and management. Part II Decisions by individuals and learning: concepts of rationality as foundations of economic theory further views on the role and concept of rationality in economics rules versus discretion in decision making : micro and macro applications planning, learning and decisions: flexibility and retention of options certainty equivalence and bias in the management of production learning by doing and productivity progress. Part III Group decisions, organzations and information: group rationality and behaviour optimal slack and efficient budgeting within organizations information transmission and optimal advice for groups transfer pricing and the management of multidivisional firms game theory and group behaviour symbiosis, assistance and cooperation in business. Part IV Wider economic and social issues: values, preferences, economic choice and welfare concepts of economic efficency: measurement and limitations market transaction costs, economic welfare and management incomplete markets for science, technology and knowhow: problems raised by transaction costs and policy implications science and technology policy, and evolutionary economics concluding observations on economic evolution, diversity and rationality." @default.
- W577463746 created "2016-06-24" @default.
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- W577463746 date "1996-12-01" @default.
- W577463746 modified "2023-09-27" @default.
- W577463746 title "Bounded Rationality and Economic Evolution: A Contribution to Decision Making, Economics and Management" @default.
- W577463746 hasPublicationYear "1996" @default.
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