ERIC Number: EJ465348
Record Type: Journal
Publication Date: 1993
Reference Count: N/A
Decision Making: Rational, Nonrational, and Irrational.
Simon, Herbert A.
Educational Administration Quarterly, v29 n3 p392-411 Aug 1993
Describes the current state of knowledge about human decision-making and problem-solving processes, explaining recent developments and their implications for management and management training. Rational goal-setting is the key to effective decision making and accomplishment. Bounded rationality is a realistic orientation, because the world is too complex to permit optimal problem solving or maximized utility through human efforts. (MLH)
Publication Type: Speeches/Meeting Papers; Opinion Papers; Journal Articles
Education Level: N/A
Authoring Institution: N/A