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: 15 April 2021

Abstract and Keywords

Organization theory has displayed a remarkable creativity during its roughly 100 years of existence. But even if organization theory is interdisciplinary, it remains a stubborn fact that most research on organizations is carried out within distinct disciplines and according to disciplinary traditions. This article presents the concept of organizational economics. The main focus of this article is on transaction cost analysis, agency analysis, and also the evolutionary, game theoretical and property rights perspectives. This is followed by a presentation of the way that firms have been studied in economic sociology, and here the article discusses the Weberian heritage in organizational sociology, the focus on firms in this type of sociology and the role that culture and meaning plays in it. Finally, this article concludes with a brief discussion of the antagonism between organizational economics and the sociology of organizations, and how this antagonism perhaps can be overcome.

Keywords: organization theory, organizational economics, transaction cost analysis, agency analysis, property rights perspectives

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.