Capitalism, democracy and rational individual behavior

Author(s):  
Dennis C. Mueller
Author(s):  
Phanish Puranam

The diversity of behaviors that human beings exhibit makes it challenging to know what behavioral assumptions to make when building theories about organizations. Fortunately for us, organizational contexts are, to varying degrees, designed. I argue that this introduces a powerful set of levers—sorting, framing and structuring—that can help reduce this diversity of behavioral possibilities to a tractable yet plausible few. In the resulting account of behavior, alternatives need not be given, their consequences need not be known, and the utilities attached to consequences need not be stable. This chapter offers a simplified framework to understand a variety of forms of rational and non-rational individual behavior as special cases.


2020 ◽  
Vol 42 (1) ◽  
pp. 41-96
Author(s):  
Hartmut Kliemt

AbstractClassifying accounts of institutionalized social norms that rely on individual rule-following as ‘sociological’ and accounts based on individual opportunity-seeking behavior as ‘economic’, the paper rejects purely economic accounts on theoretical grounds. Explaining the realworkings of institutionalized social norms and social order exclusively in terms of self-regarding opportunityseeking individual behavior is impossible. An integrated sociological approach to the so-called Hobbesian problem of social order that incorporates opportunityseeking along with rule-following behavior is necessary. Such an approach emerges on the horizon if economic methods are put to good sociological use on the basis of recent experimental economic findings on rule-following behavior.


2021 ◽  
Author(s):  
Vladimír Remeš ◽  
Eva Remešová ◽  
Nicholas R. Friedman ◽  
Beata Matysioková ◽  
Lucia Rubáčová

2018 ◽  
Vol 73 (1) ◽  
pp. 139-156
Author(s):  
Nadia J. Vendrig ◽  
Lia Hemerik ◽  
Ilona J. Pinter ◽  
Cajo J.F. Braak

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