Anna Grandori

Epistemic Economics and Organization

Forms of Rationality and Governance for a Wiser Economy

• Broschiertes Buch

Produktbeschreibung

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.

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The book integrates inputs from behavioural science with insights and models from the philosophy of knowledge and of economics to consider the problem of valid knowledge construction and effective knowledge governance in the modern economy.

Produktdetails

• Verlag: CRC Press
• Seitenzahl: 156
• Erscheinungstermin: 4. März 2015
• Englisch
• Abmessung: 234mm x 156mm x 9mm
• Gewicht: 245g
• ISBN-13: 9781138906112
• ISBN-10: 1138906115
• Artikelnr.: 41962135

Autorenporträt

Anna Grandori is Professor of Business Organization at Bocconi University, Italy.

Inhaltsangabe

Introduction Part I. Microeconomic foundations: from bounded to epistemic
rationality Part II. Contracts and the firm beyond transactions: the
governance of knowledge and association Part III Organization design beyond
comparative assessment: the discovery of forms and forms for discovery
Conclusion