Unknowns, Black Swans, and Bounded Rationality in Public Organizations
Bibliographic Data
| ID | 7361573 |
|---|---|
| Authors | Alberto Feduzi (University of Cambridge), Jochen Runde (0000-0001-9596-5144, University of Cambridge), Gary Schwarz (0000-0001-6297-3156, Queen Mary University of London, corresponding author) |
| Year | 2022 |
| Volume | 82 |
| Issue | 5 |
| Pages | 958-963 |
| Publication date | 2022-05-21 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Public Administration Review (JOURNAL) |
| Journal identifiers | ISSN: 0033-3352 • E-ISSN: 1540-6210 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/puar.13522 |
| OpenAlex | W4281261049 |
| Language | EN |
| Citations received | 8 |
| References cited | 33 |
Unknowns” and “Black Swans” have become familiar terms in the public administration literature but tend to be used in different and often conflicting ways. This article provides a typology of the terms, develops a framework for thinking about how their elements relate, and distinguishes four varieties of the Black Swan. Using the Challenger Space Shuttle disaster, 9/11, the international withdrawal from Afghanistan, and the trade boycott associated with the Danish cartoon controversy as examples, we examine how these four varieties may arise in public sector organizations. We offer recommendations on how such organizations might reduce psychological and organizational barriers to uncovering unknowns before they can go on to become Black Swans
Black swan theory · Bounded rationality · Boycott · Danish · Economics · Epistemology · Political science · Politics · Public sector · Sociology · Typology · Law · Management and Organizational Studies · Public Policy and Administration Research · Regulation and Compliance Studies
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| Unique citing works | 8 |
|---|---|
| Citations per year | 2 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 8 |