{"product_id":"the-behavioral-foundations-of-strategic-management-hardback-9781405124713","title":"The Behavioral Foundations of Strategic Management (Hardback) 9781405124713","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Behavioral Foundations of Strategic Management\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003ePhilip Bromiley (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781405124713, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 2 November 2004\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e160 pages\u003cbr\u003e23.6 x 15.9 x 1.8 cm, 0.363 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eThe Behavioral Foundations of Strategic Management\u003c\/b\u003e \u003cp\u003eThis book argues that rationality and market equilibrium assumptions are inconsistent with rigorous strategic management research so that strategic management should adopt behavioral assumptions.  \u003c\/p\u003e\n\u003cp\u003eWhen strategy scholars assume that firms can make better or worse decisions, they implicitly adopt a behavioral view. After examining the problems that rationality and equilibrium assumptions create, the author outlines the basics of a behavioral approach to strategic management. The book addresses how a behavioral approach relates to several major strains of strategic management scholarship and explores relevant methodological issues. \u003c\/p\u003e\n\u003cp\u003eOverall, the book argues persuasively that a behavioral perspective offers the best foundation for strategic management scholarship.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cb\u003e1. Introduction\u003c\/b\u003e. \u003cp\u003eObjectives of Strategic Management Research:.\u003c\/p\u003e \u003cp\u003eWhat is an Explanation?.\u003c\/p\u003e \u003cp\u003eRigor in Strategy Research.\u003c\/p\u003e \u003cp\u003eRationality and Bounded Rationality.\u003c\/p\u003e \u003cp\u003eSummary of the Argument.\u003c\/p\u003e \u003cp\u003eOutline of the book.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. Basics of A Behavioral Approach\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003eBasic Views of Decisions.\u003c\/p\u003e \u003cp\u003eBounded Rationality.\u003c\/p\u003e \u003cp\u003eRoutines.\u003c\/p\u003e \u003cp\u003eAspirations and Search.\u003c\/p\u003e \u003cp\u003eAspiration Levels.\u003c\/p\u003e \u003cp\u003eSearch.\u003c\/p\u003e \u003cp\u003eAlternative Variations.\u003c\/p\u003e \u003cp\u003eSlack.\u003c\/p\u003e \u003cp\u003eThe Ecological or Selection Argument.\u003c\/p\u003e \u003cp\u003eTwo Criticisms of the Bounded Rationality View.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. A Behavioral Critique of Rationality and Equilibrium\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003eThe Behavioral Critique of Rationality.\u003c\/p\u003e \u003cp\u003eRationality Assumptions are Untestable.\u003c\/p\u003e \u003cp\u003eOnly Optimizers Survive – Selection.\u003c\/p\u003e \u003cp\u003eCorrectness of Assumptions Doesn’t Matter because Optimization Predicts Well.\u003c\/p\u003e \u003cp\u003eDoes Optimization Predict Well?.\u003c\/p\u003e \u003cp\u003ePrediction is the Appropriate Test of a Theory.\u003c\/p\u003e \u003cp\u003eThe Assumptions are Close Enough.\u003c\/p\u003e \u003cp\u003eVery Weak Form Rationality?.\u003c\/p\u003e \u003cp\u003eOptimization is Best!.\u003c\/p\u003e \u003cp\u003eLogical Problems of Rationality and Equilibrium.\u003c\/p\u003e \u003cp\u003eBounded rationality in economics.\u003c\/p\u003e \u003cp\u003eGame theory.\u003c\/p\u003e \u003cp\u003eA Lack of Rigor.\u003c\/p\u003e \u003cp\u003eUses of Formal Models.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. A Behaviorist’s Perspective on Current Strategy Approaches.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBehavioral Traditions in Strategy.\u003c\/p\u003e \u003cp\u003eNo Rules for Riches?.\u003c\/p\u003e \u003cp\u003eResource Based View.\u003c\/p\u003e \u003cp\u003eThe RBV versus’ Porter’s Industry Analysis.\u003c\/p\u003e \u003cp\u003eTransactions Costs.\u003c\/p\u003e \u003cp\u003eAgency Theory.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. Behavioral Methodology\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003eImportance of Process.\u003c\/p\u003e \u003cp\u003eProcess and Testing.\u003c\/p\u003e \u003cp\u003eTime Series and Endogeneity.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. Where do we go from here?.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eManagement Strategy and External Strategy.\u003c\/p\u003e \u003cp\u003eCompetition.\u003c\/p\u003e \u003cp\u003ePrescription.\u003c\/p\u003e \u003cp\u003eStatistics.\u003c\/p\u003e \u003cp\u003eBehavioral Theory of the Firm.\u003c\/p\u003e \u003cp\u003eConcluding Remarks.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. References\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Business \u0026amp; management [\u003ca title=\"See our other books on Business \u0026amp; management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20\u0026amp;%20management%20%5BKJ%5D%22\"\u003eKJ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52437757624600,"sku":"9781405124713","price":46.19,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781405124713.jpg?v=1784938366","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-behavioral-foundations-of-strategic-management-hardback-9781405124713","provider":"Freshly Printed Books","version":"1.0","type":"link"}