MYTH AND RATIONALITY IN MANAGEMENT DECISION-MAKING: THE EVOLUTION OF AMERICAN RAILROAD PRODUCT COSTING, 1870-1970. IN: RAILWAYS. VOLUME 1
This article reviews Chandler's 'The Visible Hand' with an argument that the railroads' cost accounting practices left a lot to be desired. The reasoning provided is that while the array of statistics indicates sophistication, managers who used them were wrong to assume that the greater part of railroad costs was fixed and did not vary significantly with levels of service provision.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/1859283004
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Supplemental Notes:
- Originally published in the Journal of Transport History, 3rd series, Vol. 12, no. 1 (1991), pp 1-10.
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Corporate Authors:
Ashgate Publishing Company
110 Cherry Street, Suite 3-1
Burlington, VT United States 05401-3818 -
Authors:
- Thompson, G L
- Publication Date: 1996
Language
- English
Media Info
- Features: References;
- Pagination: p. 165-174
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Serial:
- Studies in Transport History
- Publisher: Ashgate Publishing Company
Subject/Index Terms
- TRT Terms: Cost accounting; Decision making; Economic factors; Economies of scale; Management; Railroads
- Geographic Terms: United States
- Subject Areas: Administration and Management; Economics; Finance; Railroads;
Filing Info
- Accession Number: 00794321
- Record Type: Publication
- ISBN: 1859283004
- Files: TRIS
- Created Date: Jun 19 2000 12:00AM