Free to Fail: Creative Destruction Revisited - Couverture rigide

Van Der Mandele, Hugh; Van Witteloostuijn, Arjen C.

Couverture rigide

ISBN 10 : 1781953147 ISBN 13 : 9781781953143

Editeur : Edward Elgar Publishing Ltd, 2013

Synopsis

This challenging book tackles one of the most fundamental questions in economics: Why are commercial organizations more efficient than organizations in the public domain?

It is generally accepted that the traditional answer (the fact that commercial organizations maximize profits) does not necessarily hold true. Finding a solution to this anomaly, as this book attempts to do, should therefore be a prime concern in economics. The authors believe the answer lies in the fact that even in a completely stable environment, all organizations will eventually fail irreparably. Organizations operating in the market are more efficient because, once in decline, they are 'free to fail' and allowed to be disassembled or even replaced. Public organizations that fail are more often than not protected and allowed to continue even though their efficiency is questionable.

This fascinating and thought-provoking book will provide a stimulating read for academics and students with an interest in economics, business and management and public policy.

Contents:
Preface
1. Introduction
2. Key Concepts
3. The Historic Debate
4. Profit Maximization is Only Part of the Answer
5. Organizational Mortality and its Fruits
6. Causes of Organizational Failure
7. Uncontrollability
8. Empirical Evidence
9. The Soft Constraint Syndrome
10. When Left to its Own Devices
11. Necrosis and Apoptosis
12. Why Public Organizations?
Appendix: The Dutch Affair or the Destructive Power of Organizational Warfare
References
Index

A propos du livre

À propos de l?auteur

Hugh C. van der Mandele, former Chief Economist, IWACO, Consultants for Water and Environment and Arjen van Witteloostuijn, Tilburg University, The Netherlands

Détails de l'édition

• Éditeur: Edward Elgar Publishing Ltd
• Date d'édition: 2013
• Langue: anglais
• ISBN 10: 1781953147
• ISBN 13: 9781781953143
• Reliure: Relié
• Nombre de pages: 192
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible