Abstract
Tomer’s (1983 and Chapter 7, this volume) discussion of the microeconomic foundations of Ouchi’s (1981) Type Z management is provocative not only because it begins to explore the underdeveloped relationship between microeconomics and management theory, but also because it discusses both of these theoretical traditions in an explicitly strategic context. In this response to Tomer, I will first continue to explore the relationship between management theory and microeconomics. After these specific comments, I will then turn to the more general issues raised by Tomer, i.e., the use of the theory of management and microeconomics to develop a theory of business strategy.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Barney, J. B. (1983a).Strategy and Organization, University of California at Los Angeles Report.
Barney, J. B. (1983b).Rational Expectations, Markets for Strategy Implementation: Asymmetric Expectations, Luck, and Theory of Strategy, University of California at Los Angeles Report.
Barney, J. B., and Ouchi, W. G. (1983).Information Cost and the Organization of Transaction Governance, University of California at Los Angeles Report.
Caves, R., and Porter, M. (1977). From entry barriers to mobility barriers: Conjectural decision and contrived deterence to new competition,Q. J. Econ., 91, 241 - 281.
Copeland, T., and Weston, J. F. (1979).Financial Theory and Corporate Policy, Addison-Wesley, Reading, Massachusetts.
Gabarro, J. (1979). Socialization at the top—How CEO’s and subordinates evolve interpersonal contacts,Organ. Dyn., 7 (3), 3 – 23.
Henderson, B., (1979).Henderson on Corporate Strategy, Mentor, New York.
Lieberstein, H. (1976).Beyond Economic Man: A New Foundation for Microeconomics, Harvard, Cambridge, Masachusetts.
Ouchi, W. G. (1981).Theory Z: How American Business Can Meet the Japanese Challenge, Addison-Wesley, Reading, Massachusetts.
Porter, M. (1980).Competitive Strategy, Free Press, New York.
Tomer, J. (1983).Working Smarter the Japanese Way: The X-Efficiency of Theory Z Management, Union College Report.
Wilkins, A., and Ouchi, W. G. (1983). Efficient cultures,Admin. Sci. Q.28, 468 – 481.
Williamson, O. (1975).Markets and Hierarchies: Analysis and Antitrust Implications, Free Press, New York.
Williamson, O. (1979). Transaction costs economics: The governance of contractual relations,J. Law Econ.22, 233 – 261.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1985 Plenum Press, New York
About this chapter
Cite this chapter
Barney, J.B. (1985). Theory Z, Institutional Economics, and the Theory of Strategy. In: Kleindorfer, P.R. (eds) The Management of Productivity and Technology in Manufacturing. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-2507-9_9
Download citation
DOI: https://doi.org/10.1007/978-1-4613-2507-9_9
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4612-9516-7
Online ISBN: 978-1-4613-2507-9
eBook Packages: Springer Book Archive