Epistemic Economics and Organization

Forms of Rationality and Governance for a Wiser Economy
1. Auflage 2013
ISBN: 978-0-415-57565-2
Verlag: Routledge

Buch, Englisch, 168 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 426 g

Reihe: Routledge Studies in Global Competition

This book proposes a new approach to economics, management and organization that should help in making economic organization ‘wise’, ‘innovative’ and ‘robust’ in an uncertain and risky world. Although the modern economy and society is ‘knowledge intensive’, Anna Grandori argues that the dominant economic, organizational and behavioural models neglect to a large extent the problem of valid knowledge construction and effective knowledge governance.

The book integrates inputs from economics and behavioural science with insights from the philosophy of knowledge to define new micro-foundations: neither a calculative, deductive and omniscient ‘rational actor’; nor an experiential, adaptive and biased ‘behavioural actor’; but a knowledgeable and imaginative ‘epistemic actor’.

The implications for contracts and organizations, sustained also by insights from law, are shown to be far reaching, including a new view of the nature of the firm as an entity-establishing agreement under which to discover uses of resources under uncertainty, and as a democratic institution.

Autoren/Hrsg.

Grandori, Anna

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik

Inhaltsverzeichnis

Introduction Part I. Microeconomic foundations: from bounded to epistemic rationality Part II. Contracts and the firm beyond transactions: the governance of knowledge and association Part III Organization design beyond comparative assessment: the discovery of forms and forms for discovery Conclusion

Über Autor(innen)

Anna Grandori is Professor of Business Organization at Bocconi University, Italy.