Tyranny of small decisions
id:
tyranny-of-small-decisions-223-698348
title:
Tyranny of small decisions
text:
The tyranny of small decisions is a phenomenon in which a number of decisions, individually small and insignificant in size and time perspective, cumulatively result in a larger and significant outcome which is neither optimal nor desired. The concept was first explored in an essay of the same name, published in 1966 by the American economist Alfred E. Kahn. The article describes a situation where a series of small, individually rational decisions can negatively change the context of subsequent
brand slug:
wiki
category slug:
encyclopedia
description:
Economic phenomenon
original url:
https://en.wikipedia.org/wiki/Tyranny_of_small_decisions
date created:
2010-02-17T03:59:09Z
date modified:
2024-09-14T01:45:01Z
main entity:
{"identifier":"Q7861446","url":"https://www.wikidata.org/entity/Q7861446"}
image:
fields total:
13
integrity:
15