Average Reviews:
(More customer reviews)This is a collection of theories from the business literature about the behavior of people in organizations and the organizational forms it engenders. In addition, a gentle introduction to economic concepts from choice theory and game theory is given. The book does not really achieve a synthesis of the different ideas presented, even though the authors attempt to tie the approaches together in the chapter introductions and the (weak) conclusion. Deeper insights are perhaps not possible at this level of presentation. Redeeming features are the clear and readable exposition of each theory, and the well-chosen examples. The book works well as an initial primer for economists about business research on organizations and strategic management. For this purpose, I would recommend it, since the coverage is fairly complete and, though not formal, cogent and to-the-point.
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Focuses on economic decision making within the firm and helps students make the link between management and economic theories and ideas.
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