The Palgrave Encyclopedia of Strategic Management

Living Edition
| Editors: Mie Augier, David J. Teece

RAND Corporation

Living reference work entry
DOI: https://doi.org/10.1057/978-1-349-94848-2_231-1

Abstract

This piece discusses some of the history and ideas present during the first decades at the RAND Corporation, the think tank which became significant during the post WWII years and became an important institution for the mentoring and development of strategic thinking in the US. It also had an important role for the development of important areas in economics and business school perspectives, such as game theory, evolutionary, behavioral and experimental economics, and others; and it also was a place where several key contributors to the strategic management field worked (including Herbert Simon, Sidney Winter, and Richard Nelson).

Keywords

Strategy Strategic thinking Sidney Winter Herbert Simon Andrew Marshall Richard Nelson [others] 
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Notes

Acknowledgment

Much of this entry builds on joint work with James March (esp. Augier and March, chapter 5) and Andrew Marshall (Augier et al. 2015; Augier and Marshall 2017), and I am grateful for their help and collaboration as well as many discussions on the topic.

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.GSBPP, Naval Postgraduate SchoolMontereyUSA

Section editors and affiliations

  • Mie Augier
    • 1
  1. 1.Stanford UniversityStanfordUSA