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Design Without Final Goals: Getting Around Our Bounded Rationality
Published 2015-09-01“…Yet Simon’s attentiveness to bounded rationality and the need for searching discovery is equally, if not more, indebted to Ludwig von Mises and F A Hayek. Hayek’s ideas critical of Cartesian constructivism and the need to appreciate institutions such as the free market which are the result of human action rather than design parallels many aspects of Simon’s theory of design without final goals. …”
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