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Uncertainty, Expectations, and Foundations of the Theory of Planning

Milton H. Spencer

Academy of Management Journal · 1962 · Volume 5 · Issue 3

DOI: 10.5465/254470

Abstract

Presents information on a study which outlined some fundamental theoretical concepts which form an important part of the basis of any general theory of planning. Distinction between risk and uncertainty in modern decision theory; Foundations of planning theory; Conclusions.

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