Economic Approaches to Organizations

This text assumes no previous knowledge ofeconomics but introduces the student of organization and management to the use of economics in this area. The text explains and compares, in a non-technical way the behavioral theory of the firm, agency theory, transaction cost economics, and recent economic contributions to strategic management and evolution theory. *It retains the brevity and clarity of the first edition but adds in a section on Game Theory. *Increases the use of empirical results and real-world examples. *There are five chapters discussing the organisations. These approaches are behavioural theory, agency theory, transaction cost economics, economic contributions to strategic management and evolutionary approaches to organisations.