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Carnegie Decision Model

The Carnegie Decision Model emphasizes bounded rationality and satisficing rather than optimizing, where the solution chosen is said to satisfy needs rather than finding an optimal solution. It allows for fast decision making through joint discussions among managers, but can result in disagreement about goals and quick solutions that may not be fully vetted.

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Pablo Gomes
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254 views2 pages

Carnegie Decision Model

The Carnegie Decision Model emphasizes bounded rationality and satisficing rather than optimizing, where the solution chosen is said to satisfy needs rather than finding an optimal solution. It allows for fast decision making through joint discussions among managers, but can result in disagreement about goals and quick solutions that may not be fully vetted.

Uploaded by

Pablo Gomes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Carnegie Decision Model

The Cyert-March-Simon model.

The Carnegie Decision Model emphasizes bounded rationality.

Overview
The solution chosen is said to satisfice (satisfy + suffice) rather than optimize.

Advantages
Fast decision making
Joint discussions
Disadvantages
Disagreement among managers about goals
Quick solution

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