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Epistemic Economics and Organization
Epistemic Economics and Organization

Epistemic Economics and Organization

Anna Grandori
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pages
156 pages
language
English
format
ePUB (mobile friendly)

Epistemic Economics and Organization

Anna Grandori
This book is unavailable in your country
Book details
Table of contents

About This Book

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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Information

Publisher
Taylor and Francis
Year
2013
ISBN
9781136679117
Topic
Business
Subtopic
Business General
Edition
1

Table of contents