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- Title
A Rational Basis for Criticisms of Organizational Economics: A Reply to Barney.
- Authors
Donaldson, Lex
- Abstract
Contrary to Barney (1990) in his reply to Donaldson (1990), this article points out that the strength of criticism of organizational economics lies in part in apprehensions about its deleterious effects upon management theory. The article also argues that there is continuing reason to doubt that organizational economics readily lends itself to synthesis with traditional management theory. The issues of the narrowness of the motivational model in organizational economics and its offensiveness and the bias against systems-level analysis and against management are discussed.
- Subjects
INDUSTRIAL organization (Economic theory); AGENCY theory; TRANSACTION cost theory of the firm; MANAGERIAL economics; SUPERIOR-subordinate relationship; INTERORGANIZATIONAL relations; ORGANIZATIONAL structure; EMPLOYEE motivation; ORGANIZATIONAL learning; INDUSTRIAL relations; MANAGEMENT
- Publication
Academy of Management Review, 1990, Vol 15, Issue 3, p394
- ISSN
0363-7425
- Publication type
Article
- DOI
10.5465/AMR.1990.4308821