Economics, Values, and Organization

Economics, Values, and Organization PDF

Author: Avner Ben-Ner

Publisher:

Published: 1998

Total Pages: 523

ISBN-13: 9780521580878

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In this path-breaking book, economists and scholars from diverse disciplines use standard economic tools to investigate the formation and evolution of normative preferences. The fundamental premise is that an adequate understanding of how an economy and society are organized and function cannot be reached without an understanding of the formation and mutation of values and preferences that determine how we interact with others. Its chapters explore the two-way interaction between economic arrangements or institutions, and preferences, including those regarding social status, the well-being of others, and ethical principles. Contributions have been written especially for this volume and are designed to address a wide readership in economics and other disciplines. The contributors are leading scholars who draw on such fields as game theory, economic history, the economics of institutions, and experimental economics, as well as political philosophy, sociology and psychology, to establish and explore their arguments.

The Economics of Values, Ideals and Organizations

The Economics of Values, Ideals and Organizations PDF

Author: Luigino Bruni

Publisher: Routledge

Published: 2021-03-18

Total Pages: 115

ISBN-13: 1000393607

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Values-based organizations are institutions, communities and non-governmental organizations (NGOs) which are inspired by a mission or a vocation – for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations. The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in relationships and the role of incentives, especially in relation to loyalty. Turning to values-based organizations more specifically, the book explores the motivations of their members, how they retain their most motivated people, what happens when the ideals of the organization are perceived to have deteriorated, and the decisions made by those in charge, who focus on efficiency, oblivious to values and identities. The second part of the book explores the narrative dimensions of values-based organizations. "Narrative capital" is a precious resource in many of these organizations, particularly through periods of crisis and change. But problems can also be caused if the second and later generations after the foundations continue to use the original narrative without enough innovation. Finally, the book discusses the gaps – the surpluses and misalignments – between people, their ideals and the organizations and how these can be managed. The book is written for academics, students and others interested in the role of values and ideals in organizations – economists, sociologist, business scholars, theologians and philosophers.

The Economics of Values-Based Organisations

The Economics of Values-Based Organisations PDF

Author: Luigino Bruni

Publisher: Routledge

Published: 2014-08-13

Total Pages: 161

ISBN-13: 131770360X

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This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.

Organizational Values in America

Organizational Values in America PDF

Author: William G. Scott

Publisher: Transaction Publishers

Published: 1989-01-01

Total Pages: 220

ISBN-13: 9781412830300

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This sequel to the authors' acclaimed Organizational America reconsiders the central theme of that volume-the unprecedented growth of the modern organization in America and the replacement of American founding values by the values of the modern organization. That book warned that as the modern organization becomes the dominant social and economic reality in American life, influencing everything that individuals do on and off the job, the consequences for the future would be severe. The authors saw an America forced into a path that unimpeded could result in totalitarianism.

Putting Purpose Into Practice

Putting Purpose Into Practice PDF

Author: Colin Mayer

Publisher: Oxford University Press

Published: 2021

Total Pages: 433

ISBN-13: 0198870701

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This is the first book to provide a precise description of how companies can put purpose into practice. Based on groundbreaking research undertaken between Oxford University and Mars Catalyst, it offers an accessible account of why corporate purpose is so important and how it can be implemented to address the major challenges the world faces today.

Unknown Values and Stakeholders

Unknown Values and Stakeholders PDF

Author: Paolo D'Anselmi

Publisher: Springer

Published: 2017-02-13

Total Pages: 283

ISBN-13: 3319325914

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This second edition demonstrates that there are more conditions and actors prevalent in the economy than are considered today, and builds a balanced view of responsibility that would not be shunned by corporate executives. The wider economic responsibilities of organizations have been identified for corporations, and responsibility has been focused on business. Unknown Values and Stakeholders argues that all organizations, including public administration, should be accountable for their economic responsibilities. The authors reveal the unknown values and stakeholders of the accountability game and the new inequality in working conditions of the employed while, at the same time, showing a path towards effective economic development.

Doing the Right Thing

Doing the Right Thing PDF

Author: Arjo Klamer

Publisher:

Published: 2017

Total Pages: 266

ISBN-13: 9781909188952

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"This book is for all those who are seeking a human perspective on economic and organizational processes. It lays the foundations for a value based approach to the economy. The key questions are: "What is important to you or your organization?" "What is this action or that organization good for?" The book is directed at the prevalence of instrumentalist thinking in the current economy and responds to the calls for another economy. Another economy demands another economics. The value based approach is another economics; it focuses on values and on the most important goods such as families, homes, communities, knowledge, and art. It places economic processes in their cultural context. What does it take to do the right thing, as a person, as an organization, as a society? What is the good to strive for? This book gives directions for the answers. The value based approach restores the ancient idea that quality of life and of society is what the economy is all about. It advocates shifting thefocus from quantities ("how much?") to qualities ("what is important?").

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