Taking coase seriously

Authors
Citation
R. Gibbons, Taking coase seriously, ADM SCI QUA, 44(1), 1999, pp. 145-157
Citations number
64
Categorie Soggetti
Management
Journal title
ADMINISTRATIVE SCIENCE QUARTERLY
ISSN journal
00018392 → ACNP
Volume
44
Issue
1
Year of publication
1999
Pages
145 - 157
Database
ISI
SICI code
0001-8392(199903)44:1<145:TCS>2.0.ZU;2-C
Abstract
In this essay I advance two related theses. First, economic theory predicts that organizations will be a mess but not a mystery. Second, classic case studies conducted by organizational sociologists support this prediction. F ully articulating and defending these theses will require a book, so my goa l here is simply to render them plausible. I begin by pointing toward the r elevant economic theory and sociological evidence, but I devote the bulk of the essay to a particular example: I develop a formal economic model inspi red by a passage from Michel Crozier's The Bureaucratic Phenomenon. I concl ude by discussing the potential roles of formal economic modeling in organi zational research.*