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In this interview with Professor James G. March, we focused on the key insights stemming from his work, with a special emphasis on the lessons for organization science and organization design. We discussed the major ideas and theories that he and his coauthors generated over the several decades...
Persistent link: https://www.econbiz.de/10012217687
In this interview with Professor James G. March, we focused on the key insights stemming from his work, with a special emphasis on the lessons for organization science and organization design. We discussed the major ideas and theories that he and his coauthors generated over the several decades...
Persistent link: https://www.econbiz.de/10011859864
To sketch an institutional approach, this paper elaborates ideas presented over 20 years ago in The New Institutionalism: Organizational Factors in Political Life (March and Olsen 1984). Institutionalism, as that term is used here, connotes a general approach to the study of political...
Persistent link: https://www.econbiz.de/10005040321
The logic of appropriateness is a perspective that sees human action as driven by rules of appropriate or exemplary behavior, organized into institutions. Rules are followed because they are seen as natural, rightful, expected, and legitimate. Actors seek to fulfill the obligations encapsulated...
Persistent link: https://www.econbiz.de/10005040364
Recent enthusiasms have emphasised particularly ideas of “learning organisations”, calling attention both to the ways organisations learn and to the possibilities for improving organisational intelligence through increasing the rate and precision of learning. These enthusiasms have often...
Persistent link: https://www.econbiz.de/10010739780
This paper explores the interconnections between two of Herbert Simon's key concepts, bounded rationality and decomposability, and show how this unity provides the starting point for merging cognitively focused approaches to behavioral economics with evolutionary/institutional economics into a...
Persistent link: https://www.econbiz.de/10009447955