Category Archives: Theorie

New publication: “Socio-economic Research in Personnel versus Personnel Economics”

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Do we have an alternative to personnel economics? Yes, we have one: socio-economics.

This is what economists (in this case Edward Lazear) claim:

“Economists have something new to say about these issues, however, primarily because economics provides a rigorous, and in many cases more straightforward, way to think about these human resources questions than do the more sociological and psychological approaches.” (Lazear, Edward. “personnel economics.” The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 16 December 2015 <http://www.dictionaryofeconomics.com/article?id=pde2008_P000327> doi:10.1057/9780230226203.1275

My paper argues that personnel economics is still based on wrong assumptions (yes, I know, that some theorists might say, that this is not a problem. The so-called “as-if” approach is seems to be still alive in economics, probably the only scientific discipline where this thinking is viewed as acceptable), … Mehr lesen...

Academic unfreedom in economics

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“from David Ruccio: We forget, at our peril, the extent to which academic unfreedom is enforced in departments of economics across North America.

Most departments of economics offer—in the classroom and in terms of research and policy advice—only mainstream economics. By that I mean they hire economists who only teach, conduct research, and offer policy advice defined by one or another version of mainstream (neoclassical and Keynesian) economics. Other approaches to economics—generally, these days, referred to as heterodox economics—simply aren’t recognized by or represented within those departments. That was true in the decades leading up to the crash of 2007-08 and, perhaps even more startling, it has continued to be the case in the years since.”  (Source and read more: Real-World Economics Review Blog; Academic unfreedom in economics)

… Mehr lesen...

“Corporate apologies: Beware the pitfalls of saying sorry”

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Interesting, but somewhat cynically sounding piece on “Corporate apologies: Beware the pitfalls of saying sorry” by Jeffrey Pfeffer. (Source:  http://jeffreypfeffer.com/2015/10/corporate-apologies-beware-the-pitfalls-of-saying-sorry/). I see 2 hypotheses, which would be interesting to test empirically: a) Power -> +probability of apologizing OR b) Apologizing –> -power. Or is there a feedback loop: power (t1) –> apologizing (t2) –> power (t3)? But we should also ask: In whose interest would this kind of research be done? (I don’t have a simple answer.)… Mehr lesen...