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Your assuming that markets are logical. We now have a solid understanding that human decision making is rarely logical and only barely rational, what makes any

by avs733 9y ago

Your assuming that markets are logical. We now have a solid understanding that human decision making is rarely logical and only barely rational, what makes anyone actually think (rather than believe/assume) that firms really don't act in the same way?

ddorian43 9y ago
It is assumed when you have more $$$ you are more logical I think.
- avs733 9y ago
  I mean thats the literal critique of the scientific paradigm that frames the vast majority of management and strategy discourse...the conflation of success with being logical.
- __jal 9y ago
  Assumed by whom? I'm guessing irrational people.