Approaches to the Study of Decision-Making Relevant to the Firm
AbstractSummary: In this paper some of the difficulties in utilizing much of economic theory as an aid to the study of decision-making at the level of the firm are reviewed. New theories, techniques and experimentation aimed at overcoming these difficulties are then discussed. The area covered is, of necessity, broad. No attempt is made to provide more than an indication of the type of work in progress and the nature of the problem to which it is addressed. References are supplied for those wishing a more detailed exposition of the many topics noted here.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Business.
Volume (Year): 34 (1960)
Issue (Month): ()
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Web page: http://www.journals.uchicago.edu/JB/
Other versions of this item:
- Martin Shubik, 1960. "Approaches to the Study of Decision-Making Relevant to the Firm," Cowles Foundation Discussion Papers 100, Cowles Foundation for Research in Economics, Yale University.
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