Meta-rationality and strategy

Meta-rationality and strategy

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Article ID: iaor19911421
Country: United Kingdom
Volume: 19
Start Page Number: 101
End Page Number: 112
Publication Date: Mar 1991
Journal: OMEGA
Authors:
Abstract:

The question of conflicting strategy prescriptions is viewed from the perspective of recent developments in the theory of rational decisions. A conceptual framework is proposed involving multiple rationalities and meta-rational relationships. Conflicting prescriptions are recast as conflicts between alternative forms of rationality. The framework is operationalised, producing (i) a structured set of diagnostic questions and (ii) a means to identify situations where there is only limited scope for further technical decision analysis. Some implications for strategic decision-support-systems are outlined, and comparable theories and techniques are discussed.

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