Re:Japan’s Prisons Are a Haven for Elderly Women
by avs733 on Friday March 16, 2018 @05:17PM
(#16604090)
Your assuming that markets are logical.
We now have a solid understanding that human decision making is rarely logical and only barely rational, what makes anyone actually think (rather than believe/assume) that firms really don't act in the same way?
Re:Japan’s Prisons Are a Haven for Elderly Women
by avs733 on Friday March 16, 2018 @06:18PM
(#16604393)
I mean thats the literal critique of the scientific paradigm that frames the vast majority of management and strategy discourse...the conflation of success with being logical.
We now have a solid understanding that human decision making is rarely logical and only barely rational, what makes anyone actually think (rather than believe/assume) that firms really don't act in the same way?