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For Behavioral Economics Organizations: The Organization As Acculturation

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  • STÉPHANE CALLENS
  • SOFIANE CHERFI

Abstract

The economics of organizations plays on a double board: institutional and behavioral. The approaches remain little unified, while referring mostly to a notion of limited rationality which does not maybe play really the federative role of the theories of the organization for which we could wait. The working program of a behavioral economics of organizations was expressed by James March and Herbert Simon. The later important contributions in behavioral economics were the ones of Kahneman and those resulting from socio-cognitive approaches. The communication will draw up balance sheet of these works and will indicate tracks to improve the coherence of the initiatives of a behavioral economics of organizations.

Suggested Citation

  • Stã‰Phane Callens & Sofiane Cherfi, 2012. "For Behavioral Economics Organizations: The Organization As Acculturation," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 203-210, November.
    • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:203-210
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    References listed on IDEAS

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    5. Michael C. Jensen, 2003. "Paying People to Lie: the Truth about the Budgeting Process," European Financial Management, European Financial Management Association, vol. 9(3), pages 379-406, September.
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