Economic Approaches To Organizations And Institutions
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Economic Approaches to Organizations and Institutions by Pål Foss Pdf
This work offers an economic analysis of organizations and institutions. It offers perspectives from a number of viewpoints - principal and agent, the transaction cost approach, game theory, the property rights approach, the public choice/constitutional economics stance, and a number of others.
Economic Approaches to Organization by Sytse Douma,Hein Schreuder Pdf
Now in its fifth edition, Economic Approaches to Organisations remains one of the few texts to emphasize the importance of economic issues and developments in the study of organisations and management. It explains in a non-technical way different economic approaches such as behavioural theory of the firm, game theory, agency theory, transaction cost economics, economics of strategy and evolutionary approaches. This latest edition is packed with practical examples from real-world companies, helping you to understand how the concepts relate to economic and organizational problems happening in the world today.
Economic Approaches to Organizations by Sytse Douma,Hein Schreuder Pdf
Now in its fifth edition, Economic Approaches to Organisations remains one of the few texts to emphasize the importance of economic issues and developments in the study of organisations and management. It explains in a non-technical way different economic approaches such as behavioural theory of the firm, game theory, agency theory, transaction cost economics, economics of strategy and evolutionary approaches. This latest edition is packed with practical examples from real-world companies, helping you to understand how the concepts relate to economic and organizational problems happening in the world today.
Advanced Microeconomics for Contract, Institutional, and Organizational Economics by W. Bentley MacLeod Pdf
A graduate textbook on microeconomics, covering decision theory, game theory, and the foundations of contract theory, with a unique focus on the empirical. This graduate-level text on microeconomics, covering such topics as decision theory, game theory, bargaining theory, contract theory, trade under asymmetric information, and relational contract theory, is unique in its emphasis on the interplay between theory and evidence. It reviews the microeconomic theory of exchange “from the ground up,” aiming to produce a set of models and hypotheses amenable to empirical exploration, with particular focus on models that are useful for the study of contracts, institutions, and organizations. It explores research that extends price theory to the exchange of commodities when markets are incomplete, discussing recent developments in the field. Topics covered include the relationship between theory and evidence; decision theory as it is used in contract theory and institutional design; game theory; axiomatic and strategic bargaining theory; agency theory and the class of models that are considered to constitute contract theory, with discussions of moral hazard and trade with asymmetric information; and the theory of relational contracts. The final chapter offers a nontechnical review that provides a guide to which model is the most appropriate for a particular application. End-of-chapter exercises help students expand their understanding of the material, and an appendix provides brief introduction to optimization theory and the welfare theorem of general equilibrium theory. Students are assumed to be familiar with general equilibrium theory and basic constrained optimization theory.
L. H. G. Slangen,Laura A. Loucks,Arjen H. L. Slangen
Author : L. H. G. Slangen,Laura A. Loucks,Arjen H. L. Slangen Publisher : Unknown Page : 434 pages File Size : 47,7 Mb Release : 2008 Category : Business & Economics ISBN : UVA:X030565170
Institutional Economics and Economic Organisation Theory by L. H. G. Slangen,Laura A. Loucks,Arjen H. L. Slangen Pdf
This publication presents one of the first attempts to integrate two emerging bodies of economic research: institutional economics and organizational theory. It begins within the framework of neoclassical economics, and then extends the boundaries of this framework to offer answers to questions that have so far remained puzzles in neoclassical economics. The integrated approach of this publication also challenges the dominant paradigm in economics over the last 15 years that views the market as the best mechanism for carrying out transactions. The market is not the only transaction mechanism; other modes of organization are also important. However, this way of thinking does not involve a simple reintroduction of the confrontation between the ¿government¿ and the ¿market¿. On the contrary, the integrated approach tries to open the ¿blackbox¿ of the role of institutions in daily life and the diversity of modes of organization. Through this integrated approach, the book hopes to contribute to a better insight to real world problems. Dr. Louis H.G. Slangen is Associate Professor of Agricultural Economics and Rural Policy at Wageningen University. His teaching, research and supervising MSc and PhD theses are in the field of resource economics, economics of land-use, new institutional economics and economic organisation theory. His publication record consists of about 30 articles in refereed journals, 15 chapters in books, and 10 books. He has a long and extensive experience in various types of research projects for various Dutch Ministries and the European Union. Dr. Laura A. Loucks is Senior Researcher and Lecturer in Institutional Economics and Organization Theory at Wageningen University. Her research focuses on new and emerging institutions for sustainable fisheries management. She has been a consultant to the Canadian Department of Fisheries and Oceans as well as the Dutch Ministry of Agriculture, Nature and Food Quality. Her research on fisheries co-management agreements has been published in several books and in Marine Policy, one of the leading journals on marine management issues. Dr. Arjen H.L. Slangen has been Assistant Professor of International Business at the Erasmus University Rotterdam, and is currently Assistant Professor of International Strategy at the University of Amsterdam. His research examines how national institutional environments influence the foreign entry strategies and performance of multinational enterprises. He has published in leading international business and management journals such as the Journal of International Business Studies and the Journal of Management Studies.
The Institutions of the Market by Alexander Ebner,Nikolaus Beck Pdf
Where do markets come from and what drives their evolution? How do organizations cope with the competitive dynamism of markets? What is the role of governance mechanisms in the institutional coordination of markets? In this book, leading social scientists consider these questions and examine the institutional foundations of economic change.
Author : Walter W. Powell,Paul J. DiMaggio Publisher : University of Chicago Press Page : 488 pages File Size : 47,7 Mb Release : 2012-09-21 Category : Social Science ISBN : 9780226185941
The New Institutionalism in Organizational Analysis by Walter W. Powell,Paul J. DiMaggio Pdf
Long a fruitful area of scrutiny for students of organizations, the study of institutions is undergoing a renaissance in contemporary social science. This volume offers, for the first time, both often-cited foundation works and the latest writings of scholars associated with the "institutional" approach to organization analysis. In their introduction, the editors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory. Several chapters consolidate the theoretical advances of the past decade, identify and clarify the paradigm's key ambiguities, and push the theoretical agenda in novel ways by developing sophisticated arguments about the linkage between institutional patterns and forms of social structure. The empirical studies that follow—involving such diverse topics as mental health clinics, art museums, large corporations, civil-service systems, and national polities—illustrate the explanatory power of institutional theory in the analysis of organizational change. Required reading for anyone interested in the sociology of organizations, the volume should appeal to scholars concerned with culture, political institutions, and social change.
The Economics of Values-Based Organisations by Luigino Bruni,Alessandra Smerilli Pdf
This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.
Organizations, Individualism, and Economic Theory by Maria Brouwer Pdf
In a bold departure from standard economic thinking, this book argues that twentieth century economic theory has marginalized individualism and organizational variety, and puts forward the case for a pluralist approach.
Socio-economic Approach To Management, The: Steering Organizations Into The Future by Conbere John,Heorhiadi Alla Pdf
Many organizational leaders may not even realize that most of their strategic decisions are made without accurate or full information. And yet more than 40 years of socio-economic research indicate that around 40% of what happens economically in organizations is not taken into consideration by traditional accounting. This lack of information affects an organization's effectiveness by turning organizational functions into dys-functions which leads to hidden costs. Socio-economic research shows that average hidden costs are more than $20,000 per employee per year. Socio-Economic Approach to Management (SEAM) is a different way to lead and manage organizations — or to put simply steer them. What differentiates SEAM from traditional management? First, SEAM focuses on both the people and economic sides of the workplace. Second, SEAM identifies and reduces hidden costs through engaging employees and developing their potential. The results are increased efficiency and profitability, sustainable organizational development, and higher employee engagement. SEAM was developed in France and is little known in the US. This book provides a sound introduction to SEAM for the English-speaking audience. The book will be of interest for organizational leaders and managers who search new ideas, techniques, and tools to increase the efficiency of their organizations. The book will also be beneficial for change management and HR practitioners. Contents: Readership: Graduate students and practitioners interested in organizational management and change. Keywords: Socio-Economic Management;SEAM;Management;Organizational Effectiveness;Human PotentialReview: Key Features: Provides a comprehensible English introduction to a socio-economic approach to management and organizational change, which was developed in France Summarizes socio-economic theory and describes the essential socio-economic management tools Includes the experience of American consultants who have implemented SEAM in different types of organizations, industries, and US states
The systems of innovation approach is considered by many to be a useful analytical approach for better understanding innovation processes as well as the production and distribution of knowledge in the economy. It is an appropriate framework for the empirical study of innovations in their contexts and is relevant for policy makers. This text is the result of the work within an international inter-disciplinary network or "working seminar" with the task of building a more solid and sophisticated conceptual and theoretical foundation for the continued study of innovations in a systemic context. The book has three parts. The first presents an overview and tries to work out some conceptual problems. In the second, the systems of innovation approach is related to innovation theory. Part three is devoted to increasing understanding of the functioning and dynamics of systems of innovation. There is also an introduction where the genesis and anatomy of different systems of innovation approaches are discussed and where the systems of innovation approach is characterized in nine dimensions.
Conventions and Structures in Economic Organization by Olivier Favereau,Emmanuel Lazega Pdf
"This book contributes to the current rapprochement between economics and sociology. It examines the fact that individuals use rules and interdependencies to forward their own interests, while living in social environments where everyone does the same. The authors argue that to construct durable organizations and viable markets, they need to be able to handle both. However, thus far, economists and sociologists have not been able to reconcile the relationship between these two types of constrains on economic activity." -- BOOK JACKET.
The Handbook of Organizational Economics by Robert S. Gibbons,John Roberts Pdf
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
