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The Logic of Bureaucratic Conduct - An Economic Analysis of Competition, Exchange, and Efficiency in Private and Public Organizations (Paperback) Loot Price: R1,182
Discovery Miles 11 820
The Logic of Bureaucratic Conduct - An Economic Analysis of Competition, Exchange, and Efficiency in Private and Public...

The Logic of Bureaucratic Conduct - An Economic Analysis of Competition, Exchange, and Efficiency in Private and Public Organizations (Paperback)

Albert Breton, Ronald Wintrobe

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Loot Price R1,182 Discovery Miles 11 820 | Repayment Terms: R111 pm x 12*

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In this work the authors present a general theory of bureaucracy and use it to explain behaviour in large organizations and to explain what determines efficiency in both governments and business corporations. The theory uses the methods of standard neoclassical economic theory. It relies on two central principles: that members of an organization trade with one another and that they compete with one another. Authority, which is the basis for conventional theories of bureaucracy, is given a role, despite reliance on the idea of trade between bureaucracies. It is argued, however, that bureaucracies cannot operate efficiently on the basis of authority alone. Exchange between bureaucrats is hampered because promises are not enforceable. So trust and loyalty between members of bureaucratic networks play an important part. The authors find that vertical networks promote efficiency while horizontal ones impede it.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: August 2008
First published: August 2008
Authors: Albert Breton • Ronald Wintrobe
Dimensions: 229 x 152 x 12mm (L x W x T)
Format: Paperback - Trade
Pages: 208
ISBN-13: 978-0-521-07172-7
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
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LSN: 0-521-07172-0
Barcode: 9780521071727

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