Division: Higher Education
Pub Date: MAR-03
: In Stock
|Economics and Management of Organizations: Co-ordination, Motivation and Strategy
(Rotterdam School of Management, Erasmus )
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Economics and Management of Organisations provides an innovative assessment of the challenges facing organizations and the economic strategies and theories that can be applied to management problems.
|About the book|
The exciting developments that have occurred in economic organisational theory, up until now discussed in technical journals, are made accessible to undergraduate students of Strategic Economics modules in a clearly structured format. With coverage of contemporary issues, authoritative references, numerous applications, exercises and problems – all accompanied by invaluable website-based resources – this book provides a sound introduction to economics, organization and management.
Hot topics In Economics and Strategy: An introduction dealing with essential elementary issues provides students with the necessary basic concepts of economics, and the book then proceeds to explore recent theories that can be applied to organizations such as welfare theorem, Coase theorem and game theory. The text also explores key topics such as transaction costs, property rights, and governance structure, through the themes of co-ordination, motivation and strategy. The author makes wide use of cutting edge theory and research sources with numerous authoritative references.
Numerous Applications The book is rich in broad-ranging examples of European, business-related applications, applying theories to different business sectors such as insurance, supermarkets and car manufacturing industries. Numerous Applications boxes in each chapter provide students with scenarios that illustrate the key topics and help tem to apply economic thinking to business. The Applications discuss a diversity of issues of direct importance to organizations – such as decision-making processes, flexible production technologies, organizational structure, diversification, management accounting systems and team theories.
Clarity The insightful combination of text, numerous diagrams and figures, and simple mathematics offers a presentation that enables students to get to grips with the fundamental principles of economics, organizations and management, without assuming advanced economic knowledge.
Integration of business fields: The book takes an approach that realises that fields such as organisation, human resources policy, finance, and accounting interrelate and conflict with each other, enabling students to understand how complex organizations function and how motivation and co-ordination are important aspects of an organizations strategy.
Learning and Assessment Material Clear introductions, learning objectives and summaries for each chapter, end of chapter exercises and review questions enable students to structure their learning as they progress through the book.
|About the author|
George Hendrikse is a Professor at the Rotterdam School of Management, Erasmus University.
|Table of contents|
Part I: Positioning
Chapter 1 Introduction
Chapter 2 Primer:Economic concepts for organization
Part II: Two Benchmarks
Chapter 3 Welfare theorem
Chapter 4 Coase theorem
Part III: Complete Contracts
Chapter 5 Principal-agent models
Chapter 6 Hidden action problem
Chapter 7 Hidden characteristics problem
Part IV: Incomplete Contracts
Chapter 8 Transaction and influence costs
Chapter 9 Ownership rights
Chapter 10 Self-enforcing contracts
Part V: Business Strategy
Chapter 11 Strategy Typology
Part VI: Limited Cognition
Chapter 12 Limited Cognition and Organization
Chapter 13 Biases in decision making
Part VII: Coordination
Chapter 14 Co-ordination
Chapter 15 Complementarity