Christoph Engel () (Max Planck Institute for Research on Collective Goods, Bonn) Elke U. Weber () (Columbia University, Professor of Psychology and Management)
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The human mind is not a general problem solving machine. Instead of deliberately, consciously and serially processing the available information, men can rely on routines, rules, roles or affect for the purpose. They can bring in technology, experts or groups. For all of these reasons, men have a plurality of problem solving modes at their disposition. Often, the meta-choice of problem solving mode matters for behavioural output. Some performance standards are only to be met if a certain problem solving mode is used, like a well-established skill. Other requirements are easier to fulfil with some problem solving modes. This explains why institutions frequently impact on the choice of problem solving mode. To show how institutions are able to do that, a model of problem solving modes is developed. It allows to systematise the access points for institutional intervention.
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Find related papers by JEL classification: D10 - Microeconomics - - Household Behavior - - - General D21 - Microeconomics - - Production and Organizations - - - Firm Behavior D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information K20 - Law and Economics - - Regulation and Business Law - - - General K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology
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Nooteboom, B. & Bogenrieder, I.M., 2003.
"Change Of Routines: A Multi-Level Analysis,"
Research Paper
ERS-2003-029-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
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