Imperfect knowledge, incomplete assessment of feedback, limited memory and recall, as well as poor problem-solving skills result in a form of rationality that attains not optimal decisions but more or less satisfactory compromises between conflicting constraints.
Manuel DeLandaTags: knowledge memory rationality compromise problem-solving feedback constraint
But [in bureaucracies], too, decision making takes place in a world full of unceratinties. Any actual system of information processing, planning and control will never be optimal but merely practical, applying rote responses to recurrent problems and employing a variety of contingency tactics to deal with unforeseen events.
Manuel DeLandaTags: bureaucracy decision-making practical optimal
The very idea of massified advertising meant that large cirulation newpapers were not in the business of selling information to people but rather of selling the attention of their readers to commercial concerns... to tap into the resorvoir of resources constitutred by the growing urban populations
Manuel DeLandaTags: newspapers advertisements selling-out ads
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