“The function of knowledge in the decision-making process is to determine which consequences follow upon which of the alternative strategies. It is the task of knowledge to select from the whole class of possible consequences a more limited subclass, or even (ideally) a single set of consequences correlated with each strategy.”

Source: 1940s-1950s, Administrative Behavior, 1947, p. 78.

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 function of knowledge in the decision-making process is to determine which consequences follow upon which of the al…" by Herbert A. Simon?
Herbert A. Simon photo
Herbert A. Simon 58
American political scientist, economist, sociologist, and p… 1916–2001

Related quotes

Herbert A. Simon photo

“The function of knowledge in the decision-making process is to determine which consequences follow upon which of the alternative strategies.”

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

Source: 1940s-1950s, Public administration, 1950, p. 75

Herbert A. Simon photo

“The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies.”

Richard Arnold Epstein (1927) American physicist

Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Three, Fundamental Principles Of A Theory Of Gambling, p. 43

Seymour Papert photo
Herbert A. Simon photo
Ernest Bevin photo
Adolphe Quetelet photo

Related topics