Extendable Rationality

Understanding Decision Making in Organizations

Nonfiction, Health & Well Being, Psychology, Occupational & Industrial Psychology, Business & Finance, Management & Leadership, Planning & Forecasting
Cover of the book Extendable Rationality by Davide Secchi, Springer New York
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Davide Secchi ISBN: 9781441975423
Publisher: Springer New York Publication: October 20, 2010
Imprint: Springer Language: English
Author: Davide Secchi
ISBN: 9781441975423
Publisher: Springer New York
Publication: October 20, 2010
Imprint: Springer
Language: English

“How do people make decisions in organizations?” is the question at the core of this book. Do people act rationally? Under what conditions can information and knowledge be shared to improve decision making? Davide Secchi applies concepts and theories from cognitive science, organizational behavior, and social psychology to explore the dynamics of decision making. In particular, he integrates “bounded rationality” (people are only partly rational; they have (a) limited computational capabilities and (b) limited access to information) and “distributed cognition” (knowledge is not confined to an individual, but is distributed across the members of a group) to build upon the pioneering work of Herbert Simon (1916-2001) on rational decision making and contribute fresh insights. This book is divided into two parts. The first part (Chapters 2 to 5) explores how recent studies on biases, prospect theory, heuristics, and emotions provide the so-called “map” of bounded rationality. The second part (Chapter 6 to 8) presents the idea of extendable rationality. In this section, Secchi identifies the limitations of bounded rationality and focuses more heavily on socially-based decision processes and the role of “docility” in teaching, managing, and executing decisions in organizations. The practical implications extend broadly to issues relating to change and innovation, as organizations adapt to evolving market conditions, implementing new systems, and effectively managing limited resources. The final chapter outlines an agenda for future research to help understand the decision making characteristics and capabilities of an organization.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

“How do people make decisions in organizations?” is the question at the core of this book. Do people act rationally? Under what conditions can information and knowledge be shared to improve decision making? Davide Secchi applies concepts and theories from cognitive science, organizational behavior, and social psychology to explore the dynamics of decision making. In particular, he integrates “bounded rationality” (people are only partly rational; they have (a) limited computational capabilities and (b) limited access to information) and “distributed cognition” (knowledge is not confined to an individual, but is distributed across the members of a group) to build upon the pioneering work of Herbert Simon (1916-2001) on rational decision making and contribute fresh insights. This book is divided into two parts. The first part (Chapters 2 to 5) explores how recent studies on biases, prospect theory, heuristics, and emotions provide the so-called “map” of bounded rationality. The second part (Chapter 6 to 8) presents the idea of extendable rationality. In this section, Secchi identifies the limitations of bounded rationality and focuses more heavily on socially-based decision processes and the role of “docility” in teaching, managing, and executing decisions in organizations. The practical implications extend broadly to issues relating to change and innovation, as organizations adapt to evolving market conditions, implementing new systems, and effectively managing limited resources. The final chapter outlines an agenda for future research to help understand the decision making characteristics and capabilities of an organization.

More books from Springer New York

Cover of the book Autoimmune (IgG4-related) Pancreatitis and Cholangitis by Davide Secchi
Cover of the book Web-Scale Data Management for the Cloud by Davide Secchi
Cover of the book Nuclear Functions in Plant Transcription, Signaling and Development by Davide Secchi
Cover of the book Nutrition and Bone Health by Davide Secchi
Cover of the book Metal-on-Metal Bearings by Davide Secchi
Cover of the book Fertility Preservation by Davide Secchi
Cover of the book Operative Strategy in General Surgery by Davide Secchi
Cover of the book Handbook of Research on Student Engagement by Davide Secchi
Cover of the book The Psychological Effects of Aerobic Fitness Training by Davide Secchi
Cover of the book Energy and Entropy by Davide Secchi
Cover of the book High Performance Grinding and Advanced Cutting Tools by Davide Secchi
Cover of the book An Introduction to Traffic Flow Theory by Davide Secchi
Cover of the book Manual of Cardiac Surgery by Davide Secchi
Cover of the book Partial Differential Equations by Davide Secchi
Cover of the book Psychosocial Interventions for Chronic Pain by Davide Secchi
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy