Cognitive Coordination and Economic Organization: Analogy and the Emergence of Focal Points

Nicolai Juul Foss; Mark Lorenzen

Cognitive Coordination and Economic Organization: Analogy and the Emergence of Focal Points

Publikation: Working paper › Forskning

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Abstract

The theme of this paper is the cognitive dimension of institutions (Scott 1995). By this we refer to how institutions provide the schemas, scripts, points of orientation, signposts, etc. that allow agents to coordinate their actions by first coordinating their beliefs, (expectations, plans, strategies, etc.) (Hayek 1937, Lachmann 1971; Foss 1996) what we call ”cognitive coordination.” The main aim is to take steps towards an understanding of how cognitive oordination may enter into the theory of economic organization.

Originalsprog	Engelsk
Udgivelsessted	København
Udgiver	Institut for Industriøkonomi og Virksomhedsstrategi, Handelshøjskolen i København
Antal sider	28
ISBN (Trykt)	8778690676
Status	Udgivet - 2001

Navn	Working Paper / Department of Industrial Economics and Strategy. Copenhagen Business School
Nummer	2001-2
ISSN	1398-7461

Navn	LINK Working Paper
Nummer	2001-04

Emneord

Kognition
Organizational economics
Koordinering-ledelse
Kognitiv koordinering
Økonomisk organisering

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Citationsformater

Foss, Nicolai Juul ; Lorenzen, Mark. / Cognitive Coordination and Economic Organization : Analogy and the Emergence of Focal Points. København : Institut for Industriøkonomi og Virksomhedsstrategi, Handelshøjskolen i København, 2001. (Working Paper / Department of Industrial Economics and Strategy. Copenhagen Business School; Nr. 2001-2). (LINK Working Paper; Nr. 2001-04).

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