Putting Opportunism in the Back Seat: Bounded Rationality, Costly Conflict and Hierarchical Forms

Nicolai Foss, Libby Weber

    Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

    Abstrakt

    TCE and its applications in management research put more emphasis on opportunism than on bounded rationality. By augmenting the bounded rationality assumption to include interpretive limitations, we show that there are sources of costly conflict that are not rooted in opportunism. Moreover, we show that bounded rationality may drive opportunism. All hierarchal forms are inherently subject to specific bounded-rationality-based conflicts, thus have different capacities to mitigate bounded-rationality-based transaction costs.
    OriginalsprogEngelsk
    TitelAcademy of Management Proceedings 2013
    RedaktørerLeslie Toombs
    UdgivelsesstedBriar Cliff Manor, NY
    ForlagAcademy of Management
    Publikationsdato2013
    Sider933-938
    Artikelnummer14596
    StatusUdgivet - 2013
    BegivenhedThe Academy of Management Annual Meeting 2013: Capitalism in Question - Lake Bueno Vista (Orlando), FL, USA
    Varighed: 9 aug. 201313 aug. 2013
    Konferencens nummer: 73
    http://aom.org/annualmeeting/

    Konference

    KonferenceThe Academy of Management Annual Meeting 2013
    Nummer73
    LandUSA
    ByLake Bueno Vista (Orlando), FL
    Periode09/08/201313/08/2013
    Internetadresse
    NavnAcademy of Management Proceedings
    Vol/bind2013
    ISSN2151-6561

    Emneord

    • Bounded rationality
    • Hierarchy
    • Transaction cost economics

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