| Author: | Griesinger, D. W. |
| Title: | The human side of economic organization |
| Journal: | Academy of Management Review
1990 : JUL, VOL. 22E - 15:3, p. 478-499 |
| Index terms: | |
| Freeterms: | ORGANISATIONSTHEORIE |
| Language: | eng |
| Abstract: | The assumptions of material self-interest, bounded retionality, and negative opportunism that underlie organizational economics are deficient for many managerial purposes because they underrepresent the importance of interpersonal and other non-market resources in human motivation. This paper adds an aspiration level assumption called 'betterment' that extends transaction cost analysis to include exchanges involving interpersonal resources. Implications are discussed for the efficient design of organizational boundaries, organizational subunits, and employment relations. |
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