Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Three, Fundamental Principles Of A Theory Of Gambling, p. 43
“Decision making processes are aimed at finding courses of action that are feasible or satisfactory in the light of multiple goals and constraints.”
Source: 1940s-1950s, Administrative Behavior, 1947, p. 274.
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Herbert A. Simon 58
American political scientist, economist, sociologist, and p… 1916–2001Related quotes

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Meditation One: The One and the Multiple: a priori conditions of any possible ontology
Being and Event (1988)

“They will watch his decision-making process.”
18-Oct-2005, DCFC website
Poole will show the young goalkeepers.
Chandler (1962) Strategy and Structure. p. 13.
Temporal projection - Given a set of actions that occur at different points in the future, what are the properties of resources and activities at arbitrary points in time?
Planning and scheduling - what sequence of activities must be completed to achieve some goal? At what times must these activities be initiated and terminated?
Execution monitoring and external events - What are the effects of the occurrence of external and unexpected events (such as machine breakdown or the unavailability of resources) on a plan or schedule?
Time-based competition - we want to design an enterprise that minimizes the cycle time for a product. This is essentially the task of finding a minimum duration plan that minimizes action occurrences and maximizes concurrency of activities.
Source: Methodology for the Design and Evaluation of Ontologies (1995), p. 3-4