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Operating rules in organizations : macroeconomic and microeconomic analysis

By: Material type: TextTextPublication details: New York; Palgrave Macmillan; 2002Description: 193 pISBN:
  • 9780333754412
Subject(s): DDC classification:
  • 330.01 REY
Summary: When economists claim that rules are coordinating devices, they do not explain how those rules operate in the reality of organizational life. Rules do not indicate behaviour, since their most important characteristic is their remoteness from the solution. Thus, rules are merely frameworks for action requiring constant interpretation. This book is grounded in Wittgenstein's understanding of rules as having significance only in the course of their application. It focuses on two kinds of rules - macroeconomic and microeconomic - through detailed case studies of wage indexation and labour productivity.
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Item type Current library Call number Status Date due Barcode Item holds
Books Books Gandhi Smriti Library 330.01 REY (Browse shelf(Opens below)) Available 94775
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When economists claim that rules are coordinating devices, they do not explain how those rules operate in the reality of organizational life. Rules do not indicate behaviour, since their most important characteristic is their remoteness from the solution. Thus, rules are merely frameworks for action requiring constant interpretation. This book is grounded in Wittgenstein's understanding of rules as having significance only in the course of their application. It focuses on two kinds of rules - macroeconomic and microeconomic - through detailed case studies of wage indexation and labour productivity.

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