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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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  • 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

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    1. Foss, Nicolai Juul, 1994. "The Theory of the Firm: The Austrians as Precursors and Critics of Contemporary Theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 7(1), pages 31-65.
    2. 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.
    3. Mirowski,Philip, 2002. "Machine Dreams," Cambridge Books, Cambridge University Press, number 9780521772839.
    4. Salvatore Rizzello, 1999. "The Economics of the Mind," Books, Edward Elgar Publishing, number 1900.
    5. Israel M. Kirzner, 1984. "Economic Planning and the knowledge Problem," Cato Journal, Cato Journal, Cato Institute, vol. 4(2), pages 407-425, Fall.
    6. Stavros Ioannides, 2003. "Orders and Organizations:," American Journal of Economics and Sociology, Wiley Blackwell, vol. 62(3), pages 533-566, July.
    7. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
    8. Herbert A. Simon, 1991. "Organizations and Markets," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 25-44, Spring.
    9. Richard Langlois, 1995. "Do firms plan?," Constitutional Political Economy, Springer, vol. 6(3), pages 247-261, October.
    10. Mirowski,Philip, 2002. "Machine Dreams," Cambridge Books, Cambridge University Press, number 9780521775267.
    11. 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.
    12. Herbert A. Simon & Massimo Egidi & Ricardo Viale & Robin Marris, 1992. "Economics, Bounded Rationality and the Cognitive Revolution," Books, Edward Elgar Publishing, number 409.
    13. Pierre Garrouste, 2001. "The difference between order and organization and the foundations of Hayek's liberalism," Post-Print halshs-00274525, HAL.
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    Cited by:

    1. Pankaj C. Patel & Marcus T. Wolfe, 2022. "Of free markets and a secular mind: the value of economic decentralization and individual secular values in entrepreneurship," Small Business Economics, Springer, vol. 58(1), pages 93-119, January.

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    More about this item

    Keywords

    Planning; Market; Organizations; Bounded rationality; Complexity; B19; B40; D21; D40; D8; L2;
    All these keywords.

    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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