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Synopses & Reviews

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Publisher Comments:

In organization theory a schism has developed between the traditional organizational behavior literature, based in psychology, sociology and political science, and the more analytically rigorous field of organizational economics. The former stresses the importance of managerial leadership and cooperation among employees, while the latter focuses on the engineering of incentive systems that will induce efficiency, and profitability, by rewarding worker self-interest. In this innovative book, Gary Miller bridges the gap between these literatures. He demonstrates that it is impossible to design an incentive system based on self-interest that will effectively discipline all subordinates and superiors and obviate or overcome the roles of political conflict, collective action, and leadership in an organization. Applying game theory to the analysis of the roles of cooperation and political leadership in organizational hierarchies, he concludes that the organization whose managers can inspire cooperation and the transcendence of short-term interest in its employees enjoys a competitive advantage.

Synopsis:

Applying game theory to the analysis of the roles of cooperation and political leadership in organizational hierarchies, this study concludes that the organization whose managers can inspire cooperation and the transcendence of short-term interest in its employees enjoys a competitive advantage.

Synopsis:

Managerial Dilemmas extends the use of analytical techniques from organisational economics to the spheres of organisational culture and leadership in politics and business.

Description:

Includes bibliographical references (p. 452-497) and index.

Table of Contents

List of tables and figures; Series editors' preface; Acknowledgements; Part I. Why Have Hierarchy?: 1. Market failures and hierarchical solutions: the tension between individual and social rationality; 2. Bargaining failure: coordination, bargaining, and contracts; 3. Voting failure: social choice in a dictatorial hierarchy; Part II. Managerial Dilemmas: 4. Horizontal dilemmas: social choice in a decentralised hierarchy; 5. Vertical dilemmas: piece-rate incentives and credible commitments; 6. Hidden action in hierarchies: principals, agents, and teams; 7. Hidden information in hierarchies: the logical limits of mechanism design; 8. Hierarchical failures and market solutions: can competition create efficient incentives for managers? Part III. Cooperation and Leadership: 9. The possibilities of cooperation: repeated vertical dilemmas; 10. The indeterminacy of cooperation: conventions, culture, and commitments; 11. The political economy of hierarchy: commitment, leadership and property rights; Epilogue: politics, rationality, and efficiency; References; Name index; Subject index.

Product Details

ISBN:
9780521457699
Editor:
Calvert, Randall
Editor:
Eggertsson, Thrainn
Editor:
Calvert, Randall
Editor:
Eggertsson, Thrainn
Author:
Eggertsson, Thrainn
Author:
Calvert, Randall
Author:
Miller, Gary J.
Publisher:
Cambridge University Press
Location:
New York
Subject:
General
Subject:
Leadership
Subject:
History & Theory
Subject:
Government and political science
Subject:
History, theory and practice
Subject:
Organizational Behavior
Subject:
Industrial Management
Subject:
Employee motivation
Subject:
Psychology, Industrial
Subject:
Incentives in industry
Subject:
General Political Science
Subject:
Business Writing
Subject:
Economic Conditions
Copyright:
Edition Number:
1st. pbk. ed.
Edition Description:
Trade paper
Series:
Political Economy of Institutions and Decisions
Series Volume:
1700
Publication Date:
September 1993
Binding:
TRADE PAPER
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
3 b/w illus. 15 tables
Pages:
276
Dimensions:
8.94x5.97x.77 in. .82 lbs.

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Related Subjects

Business » General
Business » Human Resource Management
Business » Management
Business » Writing
History and Social Science » Economics » General
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Science and Mathematics » Agriculture » Tropical Agriculture

Managerial Dilemmas (93 Edition) Used Trade Paper
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Product details 276 pages Cambridge University Press - English 9780521457699 Reviews:
"Synopsis" by , Applying game theory to the analysis of the roles of cooperation and political leadership in organizational hierarchies, this study concludes that the organization whose managers can inspire cooperation and the transcendence of short-term interest in its employees enjoys a competitive advantage.
"Synopsis" by , Managerial Dilemmas extends the use of analytical techniques from organisational economics to the spheres of organisational culture and leadership in politics and business.
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