Article2014

Organizational Myopia: Problems of Rationality and Foresight in Organizations

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Management and Organizational Studies Organizational Learning and Leadership Leadership, Behavior, and Decision-Making Studies

Abstract

Introduction 1. Cases of myopia 2. Uncertainty and predictability in organizations 3. The mechanisms of organizational myopia 4. Anticipating risk: the problem of learning 5. Implications for organizational design Epilogue.

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1979Prospect Theory: An Analysis of Decision under Risk 1963The Structure of Scientific Revolutions 1988Prospect theory: An analysis of decision under risk 1985Economic Action and Social Structure: The Problem of Embeddedness 1977Institutionalized Organizations: Formal Structure as Myth and Ceremony 2004The iron cage revisited institutional isomorphism and collective rationality in organizational fields 1991Institutions, Institutional Change and Economic Performance 1975Judgment under Uncertainty: Heuristics and Biases

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