“The measure of information to be developed here will also be related to freedom of choice; that is, it will be a function of the probabilities of choice associated with the alternative courses of action… The measure developed here is a function of m, the number of alternative potential courses of action.”

— Russell L. Ackoff

Source: 1970s, On purposeful systems., 1972, p. 145, as cited in: Galjaard (2009, p. 89): About the information-concept of Ackoff.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The measure of information to be developed here will also be related to freedom of choice; that is, it will be a functi…" by Russell L. Ackoff?

Russell L. Ackoff70

Scientist 1919–2009

Related quotes

“Global rationality, the rationality of neoclassical theory, assumes that the decision maker has a comprehensive, consistent utility function, knows all the alternatives that are available for choice, can compute the expected value of utility associated with each alternative, and chooses the alternative that maximizes expected utility. Bounded rationality, a rationality that is consistent with our knowledge of actual human choice behavior, assumes that the decision maker must search for alternatives, has egregiously incomplete and inaccurate knowledge about the consequences of actions, and chooses actions that are expected to be satisfactory”

Herbert A. Simon (1916–2001) American political scientist, economist, sociologist, and psychologist

attain targets while satisfying constraints
Simon (1997, p. 17); As cited in: Gustavo Barros (2010, p. 460).
1980s and later

“The formal structure of a decision problem in any area can be put into four parts: ( 1 ) the choice of an objective function denning the relative desirability of different outcomes; (2) specification of the policy alternatives which are available to the agent, or decisionmaker, (3) specification of the model, that is, empirical relations that link the objective function, or the variables that enter into it, with the policy alternatives and possibly other variables; and (4) computational methods for choosing among the policy alternatives that one which performs best as measured by the objective function.”

Kenneth Arrow (1921–2017) American economist

Source: 1970s-1980s, The Economics of Information (1984), p. 55

“All power is the same. Magic. Physical strength. Economic strength. Political strength. It all serves a single purpose-it gives its possessor a broader spectrum of choices. It creates alternative courses of action.”

Jim Butcher Proven Guilty

Source: Proven Guilty

“I have given you the power of choice, and you only alternate
Between futile speculation and unconsidered action.”

T.S. Eliot (1888–1965) 20th century English author

Choruses from The Rock (1934)

“For every failure, there's an alternative
course of action. You just have to find it.
When you come to a roadblock,
take a detour.”

Mary Kay Ash (1918–2001) Entrepreneur

“A good plan will therefore include alternative actions, the choice between them being left open until the passage of time indicates which is feasible and which is not.”

Carl Eckart (1902–1973) American physicist

Source: Our Modern Idol: Mathematical Science (1984), p. 42.

“While they create a way of seeing and suggest a way of acting, they also tend to create ways of not seeing, and eliminate the possibility of actions associated with alternative views of the world.”

Gareth Morgan book Images of Organization

Source: Images of Organization (1986), p. 202

“Those two, in paradise, were given a choice: happiness without freedom, or freedom without happiness. There was no third alternative.”

Yevgeny Zamyatin book We

R-13
We (1921)

“Nonsatiation (Smith, 1976a). Given a costless choice be ween two alternatives which differ only in that the first yields more of the reward medium (e. g., currency) than the second, the first will always be chosen (preferred) over the second by an autonomous individual, i. e., utility U(M) is a monotone increasing function of the reward medium.”

Vernon L. Smith (1927) American economist

Source: "Relevance of laboratory experiments to testing resource allocation theory," 1980, p. 346.

“The art of measuring, as precisely as possible, probabilities of things, with the goal that we would be able always to choose or follow in our judgments and actions that course, which will have been determined to be better, more satisfactory, safer or more advantageous.”

Jacob Bernoulli book Ars Conjectandi

Ars Conjectandi (1713) Chapter II, Part IV, defining the art of conjecture.

Help us to complete the source, original and additional information

Russell L. Ackoff70

Related quotes

Related topics