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From action theory to the theory of the firm

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  • Argandoña, Antonio

    (IESE Business School)

Abstract

Since Coase's (1937) pioneering article, the theory of the firm, especially in its neoclassical form, has developed tremendously. The criticisms leveled against it confirm its interest and usefulness - which is not to say that it cannot be improved upon or corrected in many respects. This chapter is intended to contribute to a broadening of the theory of the firm, starting from a theory of human action that encompasses a wide range of motivations. It also suggests specific ways in which the conception of the firm can be improved.

Suggested Citation

  • Argandoña, Antonio, 2010. "From action theory to the theory of the firm," IESE Research Papers D/855, IESE Business School.
    • Handle: RePEc:ebg:iesewp:d-0855
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    File URL: http://www.iese.edu/research/pdfs/DI-0855-E.pdf
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    Keywords

    Action; Action theory; Firm; Motivations; Organization; Theory of the firm;
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