Razionalità ed efficienza nel programma di ricerca di Herbert Simon
Rationality and Efficiency in Herbert Simon’s Research Program (di Liliana Basile) - ABSTRACT: Simon’s bounded rationality assumption is not to be interpreted as an adaptation of the neoclassical assumption of global rationality (i.e., it is not something to decide once for all contexts), but as an ‘appropriate’ rationality assumption (i.e. as an empirically based rationality). As a consequence, the notion of bounded rationality can be understood as a set of conditions which determine a special context of (non-completable) contractual incompleteness. In this way Simon’s Research Program becomes a general logical framework for both the criticisms to neoclassical framework which are included in two of the recent approaches to the organizational theory of the firm: Transaction Costs Economics (which takes into account uncertainty on future troughout bounds to rationality) and the New Property Rights Theory (where the efficiency is based on a comparison among possible property rights allocations, accepting sub-optimal solutions).
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2002/78 (2002)
Issue (Month): 78 ()
|Contact details of provider:|| Web page: http://www.francoangeli.it/riviste/sommario.asp?IDRivista=59|
|Order Information:|| Web: http://www.francoangeli.it/riviste/Elenco_Prodotti.aspx?startCode=DC Email: |
When requesting a correction, please mention this item's handle: RePEc:fan:steste:v:html10.3280/ste2002-078006. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angelo Ventriglia)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.