Book Review of J. Halpern and R. Stern, eds., “Debating rationality: Non-rational aspects of organizational decision-making"

Ventresca, Marc and Murnighan, J K. (1999) Book Review of J. Halpern and R. Stern, eds., “Debating rationality: Non-rational aspects of organizational decision-making". Administrative Science Quarterly, 44 (4). pp. 832-837.

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Abstract

In their introduction of 'Debating Rationality: Non-rational Aspects of Organizational Decision Making,' editors Jennifer Halpern and Robert Stern trace the social science foundations of rationality and its research uses, stressing conceptions and applications from multiple research traditions. Shapira provides a pointed summary of the foundations of rationality used in the behavioral decision theory literature. Gibbons presents a similar review from the perspective of the economics of internal organization and its dialogue with organization theory. The three chapters work particularly well together to outline the terms of the debate. In the seven chapters that follow, authors whose work has helped shape contemporary research bring their expertise to the business of studying decisions and organizations. Rather than discarding the economic rationality model, the authors either advocate its revision or identify some of its inconsistencies.

Item Type: Article
Keywords: rationality; decision-making; organizations
Subject(s): Science & technology management
Strategy; Entrepreneurship & Global business
Centre: Institute for Science, Innovation and Society
Faculty of Strategy, Entrepreneurship and International Business
Date Deposited: 07 Mar 2012 09:20
Last Modified: 23 Oct 2015 14:06
URI: http://eureka.sbs.ox.ac.uk/id/eprint/2012

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