2014
DOI: 10.1007/s11299-014-0151-y
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Emotion, utility maximization, and ecological rationality

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Cited by 6 publications
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“…Unlike constructivist rationality, ecological rationality contends that individual and organizational (business) decision making is not always deterministic, deliberative, and utility maximizing. Ecological rationality further contends that the context in which individuals and organizations interact, and operate in, can influence their decision-making often compelling them to satisfice themselves and survive within their environment (Smith, 2008;Levin & Aharon, 2014). In deference to ecological rationality, Smith (p.468) then goes on to note, "…, it is important to remain sensitive to the fact that human institutions and most decision making is not guided primarily, if at all, by constructivism.…”
Section: Rationalities In Economics -Constructivist Rationality and Ementioning
confidence: 99%
“…Unlike constructivist rationality, ecological rationality contends that individual and organizational (business) decision making is not always deterministic, deliberative, and utility maximizing. Ecological rationality further contends that the context in which individuals and organizations interact, and operate in, can influence their decision-making often compelling them to satisfice themselves and survive within their environment (Smith, 2008;Levin & Aharon, 2014). In deference to ecological rationality, Smith (p.468) then goes on to note, "…, it is important to remain sensitive to the fact that human institutions and most decision making is not guided primarily, if at all, by constructivism.…”
Section: Rationalities In Economics -Constructivist Rationality and Ementioning
confidence: 99%