In Human Nature and Organization Theory, Sigmund Wagner-Tsukamoto challenges the conventional wisdom that (organizational) economics is an amoral and empirically incorrect science. He treads new ground regarding the behavioural portrayal of human nature in organization theory.
The book focuses on the works of Taylor, Simon and Williamson, reconstructing methods and variables of their organization theories in non-behavioural, institutional economic terms. Implications for institutional economic theory building and practical intervention are outlined. The book suggests that the image of human nature in organizational economics has to be deduced from theoretical and practical outcomes of economic analysis rather than from methods of economic analysis. If this is considered, organizational economics can make considerable moral claims, since it can generate socially desirable interaction outcomes even in the face of pluralism.
This volume will appeal to a wide cross-section of organizational researchers, and also deserves to be widely read by economists, business ethics researchers and business historians.
Sigmund Wagner-Tsukamoto, Lecturer in Management and Organization Studies, University of Leicester, UK
Contents: Introduction 1. A Question of Method and Approach: In Search of Human Nature in Organization Research? 2. A Non-Behavioral Economic Approach to Institutional Organization: Contribution-distribution Interactions, Interest Equilibration and the Incentive-Compatibility of the Situation 3. Behavioural Approaches to Institutional Organization: Towards a `Science of Human Nature'? 4. Taylor's, Simon's and Williamson's Search of Organizational Economics: Incentive Structures, Dilemmatic Interest Conflict and Mutual Gains 5. Organizational Behavior and Capital Utilization: Modeling Human Capital as Boundedly Rational or as Asset Specific? 6. Modeling Motivation and Cognition in Organizational Economics: Research Heuristics or the Portrayal of `Human Nature as We Know It'? 7. The Evolution of Institutional Organization: Economics of Environmental Change or a Behavioral Discovery Process of `True' Human Nature? 8. Concluding Discussion: The End of Ethics or Is Economics the Better Moral Science? Bibliography Index