Economic Appoaches to Organization,
4th edition

By Sytse Douma and Hein Schreuder
August 2008
Financial Times / Prentice Hall
Distributed By Trans-Atlantic Publications
ISBN: 9780273681977
433 pages, Illustrated
$139.50 Paper Original

Now in its fourth edition, Economic Approaches to Organizations remains one of the few texts to emphasize the importance of economic issues and developments in the study of organizations and management.

It explains in a non-technical way economic approaches such as behavioural theory of the firm, game theory, agency theory, transaction cost economics, economics of strategy, and evolutionary approaches. This latest edition also shows how different economic approaches are applied in practice with a new Part III Applications.

New to the Fourth Edition:
---New Part III Applicaitons that includes three new chapters on mergers and acquisitions, hybrid forms [for example, joint ventures, business groups, and franchising] and corporate governance.
---Step-by-step conceptual framework to explain the fundamental economic approach to organizations is updated to include coverage of the environment and institutions.
---Heavier emphasis on institutional and evolutionary perspectives throughout the text as well as greater coverage of the resource-based view of strategy and the introduction of the concept of dynamic capabilities.

This is an ideal textbook for a course on Organization and Management from an economic perspective. The text can also be used as a supplement to a larger text on Organization and Management or Strategic Management. Economics students will benefit from a concise introduction to a pield that is related, but all to often unexplored.

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