The rise of the knowledge economy has far-reaching implications for the nature of economic
organization as well as firm strategy. Not surprisingly, thinking in management studies as …

Herbert Simon was the apostle of bounded rationality. He very often illustrated bounded
rationality in the context of the theory of the firm, and was, of course, a major contributor to …

The famous three chapters in Nelson and Winter's An Evolutionary Theory of Economic
Change (1982) that focus on firm routines and capabilities are often taken to be solidly …

Organizations are filled with routines. Insofar as organizations are set up to handle recurring
issues (from collecting garbage and hiring people to dispatching products and treating …

The idea that economic behavior can be modelled as rational decision making, dates back
to a famous work of Daniel Bernoulli (1738), who explained the limited willingness to …

Abstract The Royal Canadian Mounted Police (RCMP) implemented the Phased Interview
Model in Canada and has argued that it is a novel and productive way to interview suspects …

Cognitive economics contributes to a large spectrum of economic fields such as consumer
theory, economics of the firm, economics of innovation, evolutionary economics and …

The paper investigates the cognitive determinants of routinization and creativity by means of
a lab-in-the-field experiment run at the 20th edition of a mass gathering festival in Italy (“La …

The concept of resistance to change made its appearance in the literature more than six
decades ago. The paper analyses how the concept was introduced in the 1950s and how it …

The origin of biases in problem solving is analysed in the context of games and puzzles. To
discover a game strategy, individuals decompose the problem according to their “intuitions” …