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Is H.A. Simon a theoretician of decentralized planning? A comparison with F.A. Hayek on planning, market, and organizations

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  • Stefano Fiori

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Suggested Citation

  • Stefano Fiori, 2010. "Is H.A. Simon a theoretician of decentralized planning? A comparison with F.A. Hayek on planning, market, and organizations," Constitutional Political Economy, Springer, vol. 21(2), pages 145-170, June.
  • Handle: RePEc:kap:copoec:v:21:y:2010:i:2:p:145-170
    DOI: 10.1007/s10602-009-9077-5
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    References listed on IDEAS

    as
    1. Marengo, Luigi & Dosi, Giovanni, 2005. "Division of labor, organizational coordination and market mechanisms in collective problem-solving," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 303-326, October.
    2. Mirowski,Philip, 2002. "Machine Dreams," Cambridge Books, Cambridge University Press, number 9780521772839, April.
    3. Mirowski,Philip, 2002. "Machine Dreams," Cambridge Books, Cambridge University Press, number 9780521775267, April.
    4. Stefano Fiori, 2006. "The emergence of institutions in Hayek’s theory: two views or one?," Constitutional Political Economy, Springer, vol. 17(1), pages 49-61, March.
    5. Herbert A. Simon & Massimo Egidi & Ricardo Viale & Robin Marris, 1992. "Economics, Bounded Rationality and the Cognitive Revolution," Books, Edward Elgar Publishing, number 409, April.
    6. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
    7. Pierre Garrouste, 2001. "The difference between order and organization and the foundations of Hayek's liberalism," Post-Print halshs-00274525, HAL.
    8. Herbert A. Simon, 1991. "Organizations and Markets," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 25-44, Spring.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Planning; Market; Organizations; Bounded rationality; Complexity; B19; B40; D21; D40; D8; L2;

    JEL classification:

    • B19 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Other
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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