Economics language and assumptions: How theories can become self-fulfilling

Article Abstract:

A description is given about the way in which the dominant assumptions, language and ideas of economics exercise a subtle but powerful influence on behavior. Social science theories could become self-fulfilling by shaping institutional designs and management practices, as well as social norms and expectations about behavior, thereby creating the behavior they predict.

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Determinants of work force reduction strategies in declining organizations

Article Abstract:

Declining organizations frequently, sometimes necessarily, reduce their work forces. This paper introduces a hierarchy of work force reduction strategies and advances a series of propositions focusing on organizational and environmental variables that influence the managerial choice of work force reduction strategies. (Reprinted by permission of the publisher..)

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Prescriptions are not enough

Article Abstract:

Bazerman feels that economics has achieved its position of dominance simply because it provides prescriptions unlike other social sciences. However, it is argued that other social sciences do offer prescriptive advice but are rarely influential.

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