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Author: Roger S. Frantz
Publisher: Springer Science & Business Media
ISBN: 1461337992
Category : Business & Economics
Languages : en
Pages : 237
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Book Description
My interest in X-Efficiency (XE) dates back to 1978. At the time, I was writing the dissertation for my Ph. D. at Washington State University. My dissertation was concerned with the role of attitudes in the school-to-work transition among young men. I was advised by Professor Millard Hastay (a member of my committee) to look at Leibenstein's "new" book, Beyond Economic Man. One of the things that caught my attention was his be havioral description of (selective) rationality. It seemed that Leibenstein's behavioral description of a (selectively) rational individual was very similar to what psychologists such as Abraham Maslow were reporting as being the product of a particular motivational system. In other words, I was im pressed with the idea that what Leibenstein was referring to as X-ineffi ciency was being discussed by psychologists as "the way it (often) is. " So from the beginning I always considered the concept of X-(in)efficiency to be a valuable one for understanding human behavior. I have since come to believe that this is particularly true when considering behavior in non market environments, i. e. , within the firm. Work on this book, however, can most realistically said to have started with work which I began in 1982 while I was a Visiting Scholar at Harvard University. Professor Leibenstein suggested that I consider how some em pirical evidence which was being cited as evidence for the role of property rights might also be consistent with XE theory.
Author: Roger S. Frantz
Publisher: Springer Science & Business Media
ISBN: 1461337992
Category : Business & Economics
Languages : en
Pages : 237
Get Book Here
Book Description
My interest in X-Efficiency (XE) dates back to 1978. At the time, I was writing the dissertation for my Ph. D. at Washington State University. My dissertation was concerned with the role of attitudes in the school-to-work transition among young men. I was advised by Professor Millard Hastay (a member of my committee) to look at Leibenstein's "new" book, Beyond Economic Man. One of the things that caught my attention was his be havioral description of (selective) rationality. It seemed that Leibenstein's behavioral description of a (selectively) rational individual was very similar to what psychologists such as Abraham Maslow were reporting as being the product of a particular motivational system. In other words, I was im pressed with the idea that what Leibenstein was referring to as X-ineffi ciency was being discussed by psychologists as "the way it (often) is. " So from the beginning I always considered the concept of X-(in)efficiency to be a valuable one for understanding human behavior. I have since come to believe that this is particularly true when considering behavior in non market environments, i. e. , within the firm. Work on this book, however, can most realistically said to have started with work which I began in 1982 while I was a Visiting Scholar at Harvard University. Professor Leibenstein suggested that I consider how some em pirical evidence which was being cited as evidence for the role of property rights might also be consistent with XE theory.
Author: Harvey Leibenstein
Publisher: Oxford University Press, USA
ISBN: 0195023803
Category : Economic development
Languages : en
Pages : 200
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Book Description
Author: Roger Frantz
Publisher: Academic Press
ISBN: 0128157054
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
The Beginnings of Behavioral Economics: Katona, Simon, and Leibenstein's X-Efficiency Theory explores the mid-20th century roots of behavioral economics, placing the origin of this now-dominant approach to economic theory many years before the groundbreaking 1979 work on prospect theory by Daniel Kahneman and Amos Tversky. It discusses the work of Harvey Leibenstein, Herbert Simon, George Katona, and Frederick Hayek, reintroducing their contributions as founding pillars of the behavioral approach. It concentrates on the work of Leibenstein, reviewing his nuanced introduction of X-efficiency theory. Building from these foundations, the work explores the body of empirical research on market power and firm behavior – XE relationship. This book is a tremendous resource for graduate students and early career researchers in behavioral economics, experimental economics, organizational economics, social and organizational psychology, labor market economics and public policy. - Reviews the powerful, but neglected contributions of mid-20th century scholars, like Leibenstein and Katona in building the roots of behavioral economic theory - Amalgamates and reviews 50 years of empirical research and over 200 empirical papers on X-efficiency theory - Establishes how X-efficiency can aid modern behavioral economics in further developing firm theory and understanding efficiency wages
Author: Jesús Huerta de Soto
Publisher: Taylor & Francis
ISBN: 041542769X
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
This book gathers a collection of multidisciplinary essays by Jess Huerta de Soto, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and institutions.
Author: Michael Angrick
Publisher: Springer Science & Business Media
ISBN: 9400757123
Category : Law
Languages : en
Pages : 282
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Book Description
Factor X: Re-source—Designing the Recycling Society explores the role of recycling in efforts to achieve the sustainable world envisioned in the Federal Environment Ministry’s Resource Efficiency Programme, known as ProgRess. The chapters build a roadmap to a Recycling Society in which the decoupling of resource consumption and economic growth is accomplished.
Author: Edward Tenner
Publisher: Vintage
ISBN: 0525520309
Category : Business & Economics
Languages : en
Pages : 314
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Book Description
A "skillful and lucid" (The Wall Street Journal) way of thinking about efficiency, challenging our obsession with it—and offering a new understanding of how to benefit from the powerful potential of serendipity. Algorithms, multitasking, the sharing economy, life hacks: our culture can't get enough of efficiency. One of the great promises of the Internet and big data revolutions is the idea that we can improve the processes and routines of our work and personal lives to get more done in less time than we ever have before. There is no doubt that we're performing at higher levels and moving at unprecedented speed, but what if we're headed in the wrong direction? Melding the long-term history of technology with the latest headlines and findings of computer science and social science, The Efficiency Paradox questions our ingrained assumptions about efficiency, persuasively showing how relying on the algorithms of digital platforms can in fact lead to wasted efforts, missed opportunities, and, above all, an inability to break out of established patterns. Edward Tenner reveals what we and our institutions, when equipped with an astute combination of artificial intelligence and trained intuition, can learn from the random and unexpected.
Author: Marina Martin
Publisher: John Wiley & Sons
ISBN: 1118449487
Category : Business & Economics
Languages : en
Pages : 484
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Book Description
Proven tools and techniques to improve business efficiency In today's competitive environment, it's the businesses with the right set of tools and technologies that get ahead, while others are left in the dust. Business Efficiency For Dummies provides you with practical, useful information on how to run a more effective business while saving time and money in the process. Analyzing the world's most effective companies and aimed at top-level business owners and managers, Business Efficiency For Dummies provides the foundation all companies can build upon. You'll discover how to take an objective view of your company's current processes and procedures; what to consider when evaluating analysis tools like Six Sigma, Lean, 5S, and Balanced Scorecard to get your company buttoned up and streamlined; how to audit your company's accounting procedures to rein in and control your AP and AR departments; how to train employees to work more efficiently; how to bring efficiency into the future; and much more. Find out how to stay afloat in the current economy Discover affordable, approachable methods for streamlining business practices for greater profit Employ the latest tools and technologies to maximize business efficiency The tools and techniques described in Business Efficiency For Dummies are indispensable for business leaders and managers looking to identify weaknesses and improve business productivity and profit.
Author: Robin C. Sickles
Publisher: Cambridge University Press
ISBN: 110703616X
Category : Business & Economics
Languages : en
Pages : 631
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Book Description
Provides a comprehensive approach to productivity and efficiency analysis using economic and econometric theory.
Author: Harry Lehmann
Publisher: Springer
ISBN: 3319500791
Category : Science
Languages : en
Pages : 446
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Book Description
This book describes and analyses necessities for a more resource-efficient world. It discusses solutions for a more sustainable use of natural resources, addressing decision-makers and experts from the fields of policy development, industry, academia, civil society, and the media. The book presents strategies, concrete ways and examples of achieving more sustainable resource use in practice. Following on from two previous titles published on Factor X by the Umweltbundesamt (German Environment Agency), entitled “Factor X: Policy, Strategies and Instruments for a Sustainable Resource Use” (2013) and “Factor X: Re-source – Designing the Recycling Society” (2014), this book further investigates how savings in natural resources and resource efficiency improvements could be achieved, focusing on good practice examples that cover different resource categories, pursue different efficiency strategies and come from different sectors, e.g. innovative products or services, technology, man agement approaches, systemic approaches, etc. The background against which this work is done has a highly comprehensive span, from the first Declaration of the Factor X Club in the nineties, to the European Commission’s Roadmap to a Resource Efficient Europe that was published in September 2011, through to the German Federal government’s German Resource Efficiency Programme (ProgRess I and II) in 2012 and 2016, the G7 Alliance for Resource Efficiency, and most recently the development and implementation of the Sustainable Development Goals (SDG).
Author: Jonathan Law
Publisher: OUP Oxford
ISBN: 0191036722
Category : Business & Economics
Languages : en
Pages : 999
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Book Description
This wide-ranging and authoritative dictionary contains 7,000 entries covering all areas of business and management, including marketing, organizational behaviour, business strategy, law, and taxation. Written by a team of experts, it features the very latest terminology, for example, the recent vocabulary associated with structured finance and the associated subprime lending crisis, including collaterized debt obligation and special purpose vehicle. The new edition of this established bestseller dispels modern financial and management jargon, defining entries in a clear, concise, and accessible manner. It contains US business terms, general management concepts (e.g. competence, knowledge management), named theories (e.g. Tannenbaum and Schmidt, Blake and Mouton) as well as expanded coverage of the contemporary theory of the firm and human resources. New terms are included from the fast-moving areas of current affairs (e.g. MiFID), Internet business and information technology and there is full coverage of the new Companies Act. With recommended web links for many entries, accessible and kept up to date via the Dictionary of Business and Management companion website, this edition is more informative than ever. This A-Z reference work is essential for business students, teachers and professionals, and useful for anyone needing a guide to business terminology.
