SAGE Reference - International Encyclopedia of Organization Studies

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Bounded Rationality

In: International Encyclopedia of Organization Studies
Edited by: Stewart R. Clegg & James R. Bailey
Subject:Organization Studies (general), Occupational/Industrial Psychology
Keywords:bounded rationality

Bounded rationality (BR) refers to the idea that people, and other choosing organisms, have limited cognitive and computational abilities, and therefore cannot make rational decisions in a maximizing sense. The term was introduced by Herbert Simon, whose work is closely associated ...

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  Clegg, S. R., & Bailey, J. R. (2008). Bounded rationality. In International encyclopedia of organization studies (Vol. 1, pp. 107-109). SAGE Publications, Inc., https://dx.doi.org/10.4135/9781412956246.n40
  
  Clegg, Stewart R., and James R. Bailey. "Bounded Rationality." In International Encyclopedia of Organization Studies, edited by Clegg, Stewart R., and James R. Bailey, 107-9. Thousand Oaks, CA: SAGE Publications, Inc., 2008. https://dx.doi.org/10.4135/9781412956246.n40.
  
  Clegg, S. R. and Bailey, J. R. 2008. Bounded Rationality. In: Stewart R. Clegg and James R. Bailey Editors, 2008. International Encyclopedia of Organization Studies, Thousand Oaks, CA: SAGE Publications, Inc. pp. 107-109 Available at: <https://dx.doi.org/10.4135/9781412956246.n40> [Accessed 19 May 2022].
  
  Clegg, Stewart R. and James R. Bailey. "Bounded Rationality." International Encyclopedia of Organization Studies. Edited by Vol. 1. Thousand Oaks: SAGE Publications, Inc., 2008, pp. 107-9. SAGE Knowledge. 19 May 2022, doi: https://dx.doi.org/10.4135/9781412956246.n40.
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