Title
Managerial Dilemmas: The Political Economy of Hierarchy (Political Economy of Institutions and Decisions),New
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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 selfinterest. 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 selfinterest 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 shortterm interest in its employees enjoys a competitive advantage.
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- Q: What is the main focus of 'Managerial Dilemmas: The Political Economy of Hierarchy'? A: The book explores the intersection of traditional organizational behavior and organizational economics, emphasizing the importance of managerial leadership and cooperation while also addressing the challenges of designing effective incentive systems.
- Q: Who is the author of this book? A: The author of 'Managerial Dilemmas' is Gary J. Miller.
- Q: When was this book published? A: The book was published on September 24, 1993.
- Q: What is the condition of the book? A: This book is listed as 'New'.
- Q: How many pages does 'Managerial Dilemmas' have? A: The book contains 276 pages.
- Q: What type of binding does this book have? A: The book is available in paperback binding.
- Q: What is the primary subject category of this book? A: The primary category of the book is 'Economic Conditions'.
- Q: Does the book discuss game theory? A: Yes, the book applies game theory to analyze cooperation and political leadership within organizational hierarchies.
- Q: What key advantage does the book suggest organizations can gain? A: The book suggests that organizations whose managers can inspire cooperation among employees enjoy a competitive advantage.
- Q: Is this book suitable for someone studying organizational behavior? A: Yes, this book is suitable for those studying organizational behavior, as it bridges gaps between various theories in the field.