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This paper presents a perspective on some organizational consequences of human fallibility. It may be easier to get a flavor of the relevant issues by examining the role of fallibility in specific settings, rather than through abstract arguments. So, in the next three sections, 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. In the last section, I highlight some aspects of the approach underlying the analyses of human fallibility, in particular: the premises concerning an individual decisionmaker, 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.
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Raaj Kumar Sah
Dickinson College
The Journal of Economic Perspectives
University of Chicago
Chicago Department of Public Health
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Raaj Kumar Sah (Wed,) studied this question.
synapsesocial.com/papers/6a1bc2e40a1f7575939cd8c2 — DOI: https://doi.org/10.1257/jep.5.2.67