Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 01 December 2020

Abstract and Keywords

This article takes a look at the economics approaches to management consulting. It discusses the evolution of economics as well as its basic assumptions. The next section identifies the contributions of new institutional economics for a better understanding of management consulting, especially the concepts of transaction-cost economics, agency theory, and property rights theory. This article also discusses the classical microeconomic theory and behavioral economics and presents contributions from heterodox institutional economics.

Keywords: economics approaches, new institutional economics, transaction-cost economics, agency theory, property rights theory, classical microeconomic theory, behavioral economics, heterodox institutional economics

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.