Epistemic Economics and Organization: Forms of Rationality and Governance for a Wiser Economy (Routledge Studies in Global Competition) - Image 1

£130.80

Routledge Epistemic Economics and Organization: Forms of Rationality and Governance for a Wiser Economy (Routledge Studies in Global Competition)

Name: Epistemic Economics and Organization: Forms of Rationality and Governance for a Wiser Economy (Routledge Studies in Global Competition)
Brand: Routledge
Price: 130.8 GBP
Availability: InStock

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Description

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.

Product Specifications

Brand: Routledge
Format: Hardcover
ASIN: 0415575656
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 28 February 2013
Listed Since: 01 October 2010

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Routledge Epistemic Economics and Organization: Forms of Rationality and Governance for a Wiser Economy (Routledge Studies in Global Competition)

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