The Economics Of Choice Change And Organization

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The Economics of Choice, Change and Organization

Mie Augier,James G. March
The Economics of Choice Change and Organization Book PDF

Author : Mie Augier,James G. March
Publisher : Edward Elgar Publishing
Page : 488 pages
File Size : 50,7 Mb
Release : 2002
Category : Business & Economics
ISBN : IND:30000083454714

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The Economics of Choice, Change and Organization by Mie Augier,James G. March Pdf

This collection of essays was commissioned for this volume in honour of the ideas and work of the late Richard M. Cyert who made a seminal contribution to the fields of industrial organization and change. In keeping with the range and significance of his work, the essays in this volume examine the economics of decision making, uncertainty, information processing, learning, evolution and organizational structure. Topics covered include: behavioural and evolutionary theories of the firm; cognitive factors in organization and economic action; the place of rules in organizations; learning from experience and from the knowledge of others; selection in economic change; and the impact of information technology and the evolution of organizational forms. The collection emphasizes the adaptive nature of economic action and the links between econmies and studies of human information processing and action. It should be interesting reading for scholars with an interest in behavioural and adaptive economics, along with industrial organization.

The Paradox of Choice

Barry Schwartz
The Paradox of Choice Book PDF

Author : Barry Schwartz
Publisher : Harper Collins
Page : 308 pages
File Size : 46,9 Mb
Release : 2009-10-13
Category : Psychology
ISBN : 9780061748998

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The Paradox of Choice by Barry Schwartz Pdf

Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

Rational Choice Theory and Organizational Theory

Mary Zey
Rational Choice Theory and Organizational Theory Book PDF

Author : Mary Zey
Publisher : SAGE
Page : 152 pages
File Size : 44,6 Mb
Release : 1998
Category : Business & Economics
ISBN : 9780803951365

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Rational Choice Theory and Organizational Theory by Mary Zey Pdf

Rational Choice Theory and Organizational Theory is written in response to the neo-classical economic rational choice theories and organizational economic theories which have emerged in the past decade and gained center stage in current organizational analysis.

International Encyclopedia of Organization Studies

Stewart Clegg,James R. Bailey
International Encyclopedia of Organization Studies Book PDF

Author : Stewart Clegg,James R. Bailey
Publisher : SAGE
Page : 2009 pages
File Size : 55,8 Mb
Release : 2008
Category : Business & Economics
ISBN : 9781412915151

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International Encyclopedia of Organization Studies by Stewart Clegg,James R. Bailey Pdf

Describing the field, spanning individual, organisation, societal and cultural perspectives in a cross-disciplinary manner, this is the premier reference tool for students, lecturers, academics and practitioners to gather knowledge about a range of important topics from the perspective of organisation studies.

An Evolutionary Theory of Economic Change

Richard R. Nelson
An Evolutionary Theory of Economic Change Book PDF

Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 43,6 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437

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An Evolutionary Theory of Economic Change by Richard R. Nelson Pdf

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

Economic Approaches to Organizations and Institutions

Pål Foss
Economic Approaches to Organizations and Institutions Book PDF

Author : Pål Foss
Publisher : Dartmouth Publishing Company
Page : 344 pages
File Size : 48,5 Mb
Release : 1995
Category : Business & Economics
ISBN : UOM:39015033996417

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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.

The Handbook of Organizational Economics

Robert S. Gibbons,John Roberts
The Handbook of Organizational Economics Book PDF

Author : Robert S. Gibbons,John Roberts
Publisher : Princeton University Press
Page : 1248 pages
File Size : 43,5 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780691132792

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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.

Handbook of Computational Economics

Leigh Tesfatsion,Kenneth L. Judd
Handbook of Computational Economics Book PDF

Author : Leigh Tesfatsion,Kenneth L. Judd
Publisher : Elsevier
Page : 905 pages
File Size : 43,9 Mb
Release : 2006-05-15
Category : Business & Economics
ISBN : 9780080459875

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Handbook of Computational Economics by Leigh Tesfatsion,Kenneth L. Judd Pdf

The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys

The Oxford Handbook of Management Theorists

Morgen Witzel,Malcolm Warner
The Oxford Handbook of Management Theorists Book PDF

Author : Morgen Witzel,Malcolm Warner
Publisher : OUP Oxford
Page : 624 pages
File Size : 48,5 Mb
Release : 2013-02-28
Category : Business & Economics
ISBN : 9780191645365

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The Oxford Handbook of Management Theorists by Morgen Witzel,Malcolm Warner Pdf

Concurrent with the increasing complexity of the field of management, the need to re-examine the foundations from which its theories have advanced has become ever more important and useful. The Oxford Handbook of Management Theorists examines and evaluates the contributions that seminal figures, past and present, have made to the theory of management by providing in-depth, up-to-date, and detailed scholarly analysis of their ideas and influence. Chapters by leading management and management history scholars explore the origins of each thinker or school of thought and their ideas, and discuss the significance and influence in a broader framework. The Handbook contextualises each theorist and their theories, analysing their actions, interactions, and re-actions to contemporary events and to each other. It is arranged in three parts: pioneers of management thinking from Frederick Taylor to Chester Barnard; post-war theorists, such as the Tavistock Institute and Edith Penrose; and the later phase of Business School theorists, including Alfred Chandler, Michael Porter, and Ikujiro Nonaka. This book will be essential reading for anyone interested in how and why management ideas have emerged, and the ways in which they are currently developing and will evolve in the future.

Elgar Companion to Neo-Schumpeterian Economics

Horst Hanusch,Andreas Pyka
Elgar Companion to Neo Schumpeterian Economics Book PDF

Author : Horst Hanusch,Andreas Pyka
Publisher : Edward Elgar Publishing
Page : 1229 pages
File Size : 49,7 Mb
Release : 2007
Category : Business & Economics
ISBN : 9781847207012

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Elgar Companion to Neo-Schumpeterian Economics by Horst Hanusch,Andreas Pyka Pdf

The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics. For 25 years economists have been investigating industrial dynamics under the heading of neo-Schumpeterian economics, which has itself become a mature and widely acknowledged discipline in the fields of innovation, knowledge, growth and development economics. The Elgar Companion to Neo-Schumpeterian Economics surveys the achievements of the most visible scholars in this area. The contributions to the Companion give both a brief survey on the various fields of neo-Schumpeterian economics as well as insights into recent research at the scientific frontiers. The book also illustrates the potential of neo-Schumpeterian economics to overcome its so far self-imposed restriction to the domains of technology driven industry dynamics, and to become a comprehensive approach in economics suited for the analysis of development processes in all economic domains. Integrating both the public sector and financial markets, the book focusses on the co-evolutionary processes between the different domains. As a roadmap for the development of a comprehensive neo-Schumpeterian theory, the Companion will be an invaluable source of reference for researchers in the fields of industrial dynamics and economic growth, and academics and scholars of economics generally. PhD students will find the Companion an indispensable general introduction to the field of neo-Schumpeterian economics. It will also appeal to politicians and consultants engaged in national and international policy as the Companion deals with the highly important and ever topical phenomena of economic development.

Cognitive Developments in Economics

Salvatore Rizzello
Cognitive Developments in Economics Book PDF

Author : Salvatore Rizzello
Publisher : Routledge
Page : 414 pages
File Size : 40,6 Mb
Release : 2003-06-26
Category : Business & Economics
ISBN : 9781134402199

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Cognitive Developments in Economics by Salvatore Rizzello Pdf

This book proposes an interdisciplinary approach to the study of human problem solving, choice, decision-making and change, to explain economic transactions, and the nature and evolution of organisations and institutions.

Handbook of the Economics of Innovation

Bronwyn H. Hall,Nathan Rosenberg
Handbook of the Economics of Innovation Book PDF

Author : Bronwyn H. Hall,Nathan Rosenberg
Publisher : Elsevier
Page : 803 pages
File Size : 42,8 Mb
Release : 2010-05-14
Category : Business & Economics
ISBN : 9780080931111

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Handbook of the Economics of Innovation by Bronwyn H. Hall,Nathan Rosenberg Pdf

Economists examine the genesis of technological change and the ways we commercialize and diffuse it. The economics of property rights and patents, in addition to industry applications, are also surveyed through literature reviews and predictions about fruitful research directions. Two volumes, available as a set or sold separately Expert articles consider the best ways to establish optimal incentives in technological progress Science and innovation, both their theories and applications, are examined at the intersections of the marketplace, policy, and social welfare Economists are only part of an audience that includes attorneys, educators, and anyone involved in new technologies

The Oxford Handbook of Organizational Change and Innovation

Marshall Scott Poole,Andrew Van de Ven
The Oxford Handbook of Organizational Change and Innovation Book PDF

Author : Marshall Scott Poole,Andrew Van de Ven
Publisher : Oxford University Press
Page : 736 pages
File Size : 54,5 Mb
Release : 2021-05-20
Category : Business & Economics
ISBN : 9780192584809

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The Oxford Handbook of Organizational Change and Innovation by Marshall Scott Poole,Andrew Van de Ven Pdf

Organizational change and innovation are central and enduring issues in management theory and practice. Dramatic changes in population demographics, technology, competitive survival, and social, economic, and environmental health and sustainability concerns means the need to understand how organizations repond to these shifts through change and innovation has never been greater. Why and what organizations change is generally well known; how organizations change is therefore the central focus of this Handbook. It focuses on processes of change — or the sequence of events in which organizational characteristics and activities change and develop over time — and the factors that influence these processes, with the organization as the central unit of analysis. Across the diverse and wide-ranging contributions, three central questions evolve: what is the nature of change and process?; what are the key concepts and models for understanding organization change and innovation?; and how should we study change and innovation? This Handbook presents critical evolving scholarship from leading experts across a range of disciplines, and explores its implications for future research and practice.

Understanding Industrial and Corporate Change

Giovanni Dosi,David J. Teece,Josef Chytry
Understanding Industrial and Corporate Change Book PDF

Author : Giovanni Dosi,David J. Teece,Josef Chytry
Publisher : OUP Oxford
Page : 440 pages
File Size : 50,9 Mb
Release : 2004-09-30
Category : Business & Economics
ISBN : 9780191533457

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Understanding Industrial and Corporate Change by Giovanni Dosi,David J. Teece,Josef Chytry Pdf

Understanding Industrial and Corporate Change contains pioneering work on technological, organizational, and institutional change from leading theorists and practitioners such as Joseph Stiglitz, Oliver Williamson, Masahiko Aoki, Alfred D. Chandler Jr., and Sidney Winter. Trans-disciplinary in its approach, the book explores three distinct themes: Markets and Organizations; Evolutionary Theory and Technological Change; and Strategy, Capabilities, and Knowledge Management. The chapters are drawn from the journal Industrial and Corporate Change, reflecting the diverse contributions it has published since 1992 in such areas as business history, industrial organization, strategic management, organizational theory, innovation studies, organizational behavior, economics, political science, social psychology, and sociology. Understanding Industrial and Corporate Change provides an accessible account of recent research and theory on technological, organizational, and institutional change for academics and advanced students of Business and Management, Organization Theory, Technology and Innovation Studies, and Industrial Economics.

Toward Behavioral Transaction Cost Economics

George Z. Peng
Toward Behavioral Transaction Cost Economics Book PDF

Author : George Z. Peng
Publisher : Springer Nature
Page : 386 pages
File Size : 52,8 Mb
Release : 2020-10-26
Category : Business & Economics
ISBN : 9783030468781

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Toward Behavioral Transaction Cost Economics by George Z. Peng Pdf

Adopting a critical realist position, this book renders transaction cost economics (TCE) into a behavioral theory of organizational decision-making by foregrounding psychological processes and introducing and integrating with effectuation theory. Consistent with its behavioral agenda, the book introduces the concept of uncertainty controllability and provides a clearer conceptualization and a novel modeling strategy of bounded rationality based on the conceptual separation of cognitive bounds from psychological ‘rationalizing.’ The book inspires new insights into the significance of cultural distance (CD). Based on the understanding that culture is socially-extended cognition, the author re-conceptualizes CD as reflecting cognitive bounds, and uses the biases arising from CD to contextualize effectuation and deepen the flat ontology of both TCE and effectuation theory. The book presents a full two-sided behavioral framework of organizational decision-making, with behavioral TCE and behavioral real options theory complementing each other to complete the full behavioral picture. Both sides are further linked to organizational learning, which reduces biases over time and thus drives governance structures toward more rational directions. The full framework uses prospect theory as the overarching theory that determines which side of the behavioral framework is relevant for the uncertainty of concern based on the different problem frames resulting from different degrees of uncertainty controllability. Because effectuation can take place on both sides of the framework based on competing risk logics, prospect theory serves to harmonize inconsistencies in the effectuation literature as a side note. This book applies the behavioral TCE side of the framework to the study of MNC subsidiary ownership decision-making process using a dataset of over 10,000 Japanese subsidiaries founded in 43 host countries. It concludes with a discussion of implications and future directions for TCE in general and international business in particular.