Fallibility in human organizations and political
Raaj K. Sah
Journal of Economic Perspectives, Volume 5, Number 2, Spring 1991, pages 67-88.
(Post-publication note. This paper does not include an abstract. The excerpts below are from the paper.)
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Human judgments are fallible. This paper attempts to present a perspective on some organizational consequences of human fallibility. I consider several different settings: the question of diversification versus concentration of political authority, the managerial succession process in organizations, and the choice of ideas and projects (including innovation-oriented projects) in organizations. I highlight some aspects of the approach underlying the analyses of human fallibility, in particular: the premises concerning an individual decision maker, the potential association between the motivation of an organization's employees and their fallibility, and the nature and the aims of the analysis of organizations.