March 1964
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35 Reads
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9 Citations
The Economic Journal
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March 1964
·
35 Reads
·
9 Citations
The Economic Journal
... and Dijksterhuis et al (1999) push this argument further by suggesting that being 'on the edge of chaos' encourages the emergence of new 'management logics', driven more by principles of self-organisation than of command and control. This approach moves the argument some distance from the earliest treatments of behavioural theories of the firm by the likes of Cyert and March (1963), which emphasised the role of organisational slack, and of rules of thumb, based on satisficing heuristics [Simon (1957[Simon ( , 1972], rather than emergent processes and management logics. ...
March 1964
The Economic Journal