Synopsis
This book provides a comprehensive economic analysis of the internal working of organizations. Its attention to the role of information costs in influencing the breadth of discretion that members of an organization have, and the nature and effectiveness of the constraints that can be put upon them, leads to many important hypotheses about organizational behavior. These hypotheses are relevant to both private and public organizations, to charitable and profit-making ones, to bureaucracies and legislatures, and to organizations in free market and centrally planned economies. Stephen Hoenack proposes that managers' optimal choices of constraints in the face of information costs ordinarily leave subordinates with some latitude to use resources in pursuit of their own objectives. Employees can thus create an economy within the organization that responds to their goals as well as to the demands of external constituents.
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Book Description
This book provides a comprehensive economic analysis of the internal working of organizations. Its attention to the role of information costs in influencing the breadth of discretion that members of an organization have, and the nature and effectiveness of the constraints that can be put upon them, leads to many important hypotheses about organizational behavior.
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Economic Behaviour within Organizations
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Cambridge University Press, 2008
ISBN 10: 0521069092
ISBN 13: 9780521069090
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Paperback. Condition: new. Paperback. This book provides a comprehensive economic analysis of the internal working of organizations. Its attention to the role of information costs in influencing the breadth of discretion that members of an organization have, and the nature and effectiveness of the constraints that can be put upon them, leads to many important hypotheses about organizational behavior. These hypotheses are relevant to both private and public organizations, to charitable and profit-making ones, to bureaucracies and legislatures, and to organizations in free market and centrally planned economies. Stephen Hoenack proposes that managers' optimal choices of constraints in the face of information costs ordinarily leave subordinates with some latitude to use resources in pursuit of their own objectives. Employees can thus create an economy within the organization that responds to their goals as well as to the demands of external constituents. This book provides a comprehensive economic analysis of the internal working of organizations. Its attention to the role of information costs in influencing the breadth of discretion that members of an organization have, and the nature and effectiveness of the constraints that can be put upon them, leads to many important hypotheses about organizational behavior. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780521069090
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Economic Behaviour within Organizations
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Economic Behaviour Within Organizations
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Economic Behavior Organizations
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ISBN 10: 0521069092
ISBN 13: 9780521069090
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Condition: New. This book provides a comprehensive economic analysis of the internal working of organizations. Num Pages: 308 pages, Illustrations. BIC Classification: KN. Category: (U) Tertiary Education (US: College). Dimension: 229 x 152 x 18. Weight in Grams: 460. . 2008. 1st Edition. paperback. . . . . Books ship from the US and Ireland. Seller Inventory # V9780521069090