Economic Foundations of Strategy provides not only the essential basic tenets of strategy, it also shows the inter-relationships of five major theories of the firm: the behavioral theory; transaction costs theory; property rights theory; agency theory; and dynamic resource-based theory. Even though technological, organizational and institutional change advances breathlessly, the theories of the firm provided in this research book are durable principles that have stood, and the author maintains will continue to stand, the test of time. Economic Foundations of Strategy emphasizes the complementarities among these five theories of organization, and the potential for integrating these theories in the evolving science of organization. Applications of these theories to business practice are emphasized throughout the book.
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About the Author
Joseph Mahoney is Professor, Department of Business Administration, the University of Illinois Urbana-Champaign. He has won the Executive MBA Outstanding Teaching Award in 1995, 1996, 1998 and 1999. Professor Mahoney teaches undergraduate, M.B.A., Executive M.B.A., and Ph.D. courses in strategic management and business economics, and his research interest include corporate governance and organizational economics. He is on the editorial board of the Strategic Management Journal, and his research has appeared in refereed publications such as, Journal of Management Studies, Managerial and Decision Economics, Journal of Agricultural and Resource Economics, Strategic Management Journal, Journal of Business Research, and Journal of Management Inquiry.
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2 of 3 people found the following review helpful:
4.0 out of 5 stars
A nice review of important works in the subject,
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This review is from: Economic Foundations of Strategy (Foundations for Organizational Science) (Hardcover)
This book covers most of the approaches in the study of the firm, key authors and major works are all included, very informative.
0 of 1 people found the following review helpful:
5.0 out of 5 stars
Provides an excellent background to understanding firms and strategy,
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This review is from: Economic Foundations of Strategy (Foundations for Organizational Science) (Paperback)
I found this book to be extremely helpful! I would recommend it to anyone who is interested in strategy. On each page, scholars and managers can find information applicable to their research and business, respectively. Thank you for such a remarkable book.
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Inside This Book
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First Sentence:
The chapter begins with Barnard's (1938) The Functions of the Executive and is followed by four books from the Carnegie School: Simon's (1947) Administrative Behavior, March and Simon's (1958) Organizations, Cyert and March's (1963) A Behavioral Theory of the Firm, and Simon's (1982) Models of Bounded Rationality: Behavioral Economics and Business Organization. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Fisher Body, Carnegie School, General Motors, Chicago School, Administrative Behavior, Adam Smith, Great Britain, Herbert Simon, Concluding Comments, Models of Bounded Rationality, The Limits of Organization, The Mechanisms of Governance, Wal-Mart Cooperation Opportunism Cooperation New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
The chapter begins with Barnard's (1938) The Functions of the Executive and is followed by four books from the Carnegie School: Simon's (1947) Administrative Behavior, March and Simon's (1958) Organizations, Cyert and March's (1963) A Behavioral Theory of the Firm, and Simon's (1982) Models of Bounded Rationality: Behavioral Economics and Business Organization. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Fisher Body, Carnegie School, General Motors, Chicago School, Administrative Behavior, Adam Smith, Great Britain, Herbert Simon, Concluding Comments, Models of Bounded Rationality, The Limits of Organization, The Mechanisms of Governance, Wal-Mart Cooperation Opportunism Cooperation New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 32
books:
See all 32 books this book cites
4
books
cite this book:
- Administrative Behavior, 4th Edition by Herbert A. Simon on page 1, page 2, and page 6
- The Mechanisms of Governance by Oliver E. Williamson on page 71, page 97, and page 98
- Models of Bounded Rationality: Economic Analysis and Public Policy (Volume 1) by Herbert A. Simon on page 1, page 2, and page 40
- The Limits of Organization (Fels Lectures on Public Policy Analysis) by Kenneth J. Arrow on page 53, page 55, and page 57
- Strategic Management: Text and Cases with Online Learning Center access card by Gregory G Dess in Back Matter (1), Back Matter (2), and Back Matter (3)
See all 32 books this book cites
- Organizational Citizenship Behavior: Its Nature, Antecedents, and Consequences (Foundations for Organizational Science) by Dennis W. Organ in Front Matter
- Organizational Citizenship Behavior: Its Nature, Antecedents, and Consequences (Foundations for Organizational Science) by Dennis W. Organ in Front Matter
- The Psychology of Decision Making: People in Organizations (Foundations for Organizational Science) by Lee Roy Beach in Front Matter
- The Psychology of Decision Making: People in Organizations (Foundations for Organizational Science) by Lee Roy Beach in Front Matter
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