...discussion Papers Discussion Paper 2007-3 March 1, 2007 Transaction Cost Economics: An Introduction Oliver E. Williamson University of California, Berkeley Abstract: This overview of transaction cost economics is organized around the “Carnegie Triple” – be disciplined; be interdisciplinary; have an active mind. The first of these urges those who would open up the black box of economic organization to do so in a modest, slow, molecular, definitive way, with the object of deriving refutable implications and submitting these to empirical testing. The second recommends that the student of economic organization be prepared to cross disciplinary boundaries if and as this is needed to preserve veridical contact with the phenomena. The injunction have an active mind is implemented by being curious and asking the question “What is going on here?” The paper concludes with a discussion of operationalization. JEL: D2, D73, D86, L2 www.economics-ejournal.org/economics/discussionpapers © Author(s) 2007. This work is licensed under a Creative Commons License - Attribution-NonCommercial 2.0 Germany Transaction Cost Economics: An Introduction Oliver E. Williamson This overview of transaction cost economics differs from prior overviews to which I have contributed in two respects: it presumes little previous knowledge of the transaction cost economics (hereafter TCE) literature; and it is organized around the “Carnegie Triple” – be disciplined; be interdisciplinary; have an active...
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...Dwight Waldo, 1913-2000 James D. Carroll; H. George Frederickson Public Administration Review, Vol. 61, No. 1. (Jan. - Feb., 2001), pp. 2-8. Stable URL: http://links.jstor.org/sici?sici=0033-3352%28200101%2F02%2961%3A1%3C2%3ADW1%3E2.0.CO%3B2-V Public Administration Review is currently published by American Society for Public Administration. Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http://www.jstor.org/journals/aspa.html. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. The JSTOR Archive is a trusted digital repository providing for long-term preservation and access to leading academic journals and scholarly literature from around the world. The Archive is supported by libraries, scholarly societies, publishers, and foundations. It is an initiative of JSTOR, a not-for-profit organization with a mission to help the scholarly community take advantage of advances in technology. For more...
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...New Nationalism and Teddy Roosevelt: The new ideals of federal intervention, social justice and economic welfare for the Nation. Abstract In 1901 when President McKinley was assassinated, Roosevelt confronted sentiment, especially from the older members of the Republican Party, that he was not the right person to lead the country, often referring to him as “His Accidency.” Roosevelt was interested in quickly changing the mood of the country and establishing his legitimacy to his new position. He did so by introducing a “New Nationalist” form of Progressivism. When Roosevelt was sworn in, the Progressive Party had already been developing and growing since the end of the 19th century. It advocated for reforms and the lead of the government in changing society’s problems in response to socio-economic and political imbalances. Such thinking was a radical change in the country’s mindset, with earlier efforts supporting private efforts to solve the nation’s ills. The Progressive party had a broad platform, but the overall goal was for government to implement and lead efforts to alter societal inequalities. The Progressives called for eliminating corruption in the federal government as well as supporting a social welfare program, the women’s vote, penal system reform, and prohibition. Although the issue of civil rights for African-Americans was of concern of some members, this issue was not formally included in any of the Progressive party’s literature. With the support of...
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...BUS211f(2) ANALYZING BIG DATA I1 Spring 2014—MW 8:00–9:20 am Location: Sachar 116 (International Hall) Prof. Bharatendra Rai 313-282-8309 (mobile) brai@brandeis.edu Office: Sachar 1C Hours: MW, 9:30 – 10:15 and by appointment TA: TBD This is a two credit module that examines the opportunities and industry disruption in an era of massive, high velocity, unstructured data and new developments in data analytic. We treat some strategic, ethical, and technical dimensions of big data. The technical foci of the course include data structures, data warehousing, Structured Query Language (SQL), and high-impact visual displays. The principal objective of the course is to help students build understanding of data as an essential competitive resource, and acquire advanced computer skills through cases and hands-on applications. Assignments and classroom time will be devoted to both to analysis of current developments in analytics and to gaining experience with current tools. Davenport , Thomas H. and Harris, Jeanne G. Competing on Analytics: The New Science of Winning. Cambridge: Harvard Business School Press, 2007. ISBN 978-1422103326. Available for purchase at the bookstore. There is a required on-line course pack available for purchase at the Harvard Business Publishing website at this URL: https://cb.hbsp.harvard.edu/cbmp/access/23455671 This link is also available on LATTE . See last page of Syllabus for course pack contents. Other readings as posted on LATTE site. Learning Goals...
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...A critique of Ford’s CEO Alan Mulally’s Approach to Decision Making. By Ally M Mukasa Executive Summary Ford Motor Company is a public company founded on June 16 th 1903 by Henry Ford. It is headquartered at Dearborn, Michigan in the United States of America. Its products are mainly automobiles but it also offers automotive finance, vehicle leasing and vehicle servicing. Ford has three divisions which include; Ford, Lincoln and Motocraft. Ford has subsidiaries all over the world. Mr Alan R. Mulally is its president and Chief Executive Officer. Prior to his appointment as CEO, Mr Mulally worked at Boeing. His journey from aerospace to automaker industry was a new challenge but an opportunity for him to prove to the sceptics that an aerospace person can run an automaker. Among the challenges he faced were; the economy in recession, soaring prices of gas, a calcified corporate culture, a general lack of transparency in decision making, fractious divisions, the penchant cycling of executives into new jobs every few years, the problem of pre-meetings that was antiethical to decision-making, and hiding problems. Mulally had to make decisions to address the challenges mentioned. His decision making style is much of directive with low tolerance for ambiguity than behavioural or people-centred. He did not involve Ford staffers below top echelon in decision-making. He downsized the company, closed down underperforming factories, stopped the cycling of executives into...
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...(innovation) in the production process. Under certain circumstances, it can be privately owned and/or bought and sold in the market as a commodity. The economics of knowledge is to a high degree about specifying the conditions for Knowledge to appear as “a normal commodity”, i.e. as something similar a producible and reproducible tangible product. One reason for the interest in this issue is that it is crucial for defining the role of government inknowledge production. If knowledge is a public good that can be accessed by anyone, there is noincentive for rational private agents to invest in its production. If it is less costly to imitate than to produce new knowledge, the social rate of return would be higher than the private rate of return and, again, private agents would invest too little. Nelson’s (1959) and Arrow’s (1962b) classical contributions demonstrated that, in such situations, there is a basis for government policy either to subsidise or to take charge directly of the production of knowledge. Public funding of schools and universities, as well as of generic technologies, has been motivated by this kind of reasoning, which also brings to the fore the protection of knowledge, for instance...
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...com THE SUNFLOWER SIMON WIESENTHAL THE SUNFLOWER SUPERSUMMARY 1 TABLE OF CONTENTS PLOT OVERVIEW 3 CHAPTER SUMMARIES AND ANALYSES 5 Chapter 1 Chapters 2-5 Chapters 6-10 Chapters 11-15 Chapters 16-20 Chapters 21-25 Chapters 26-30 Chapters 31-35 Chapters 36-40 Chapters 41-45 Chapters 46-50 Chapters 51-54 5 8 12 15 20 23 26 29 33 36 39 42 MAJOR CHARACTER ANALYSIS 45 Simon Karl Josek Arthur Adam Bolek Karl’s Mother 45 45 46 46 47 47 47 THEMES 49 SYMBOLS AND MOTIFS 51 COPYRIGHT 2016 THE SUNFLOWER SUPERSUMMARY 2 IMPORTANT QUOTES 53 ESSAY TOPICS 61 COPYRIGHT 2016 THE SUNFLOWER SUPERSUMMARY 3 PLOT OVERVIEW The Sunflower by Simon Wiesenthal is a book of non-fiction. The first section, also titled “The Sunflower,” is an account of Wiesenthal’s experience as a concentration camp prisoner under the Nazi regime. In the account, Wiesenthal describes his life in Poland prior to the German occupation, his experiences of anti-Semitism within the Polish culture, and his life as a concentration camp prisoner. He describes life in the concentration camp, the continuous humiliations, the hunger, the illness, and the constant threat of death. Central to the narrative in “The Sunflower” is the story of Simon being summoned to the deathbed of a young Nazi soldier whom Simon calls Karl and who has been wounded in combat. Karl confesses to Simon his activities against...
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...BUS211f(2) ANALYZING BIG DATA I1 Spring 2014—MW 8:00–9:20 am Location: Sachar 116 (International Hall) Prof. Bharatendra Rai 313-282-8309 (mobile) brai@brandeis.edu Office: Sachar 1C Hours: MW, 9:30 – 10:15 and by appointment TA: TBD This is a two credit module that examines the opportunities and industry disruption in an era of massive, high velocity, unstructured data and new developments in data analytic. We treat some strategic, ethical, and technical dimensions of big data. The technical foci of the course include data structures, data warehousing, Structured Query Language (SQL), and high-impact visual displays. The principal objective of the course is to help students build understanding of data as an essential competitive resource, and acquire advanced computer skills through cases and hands-on applications. Assignments and classroom time will be devoted to both to analysis of current developments in analytics and to gaining experience with current tools. Davenport , Thomas H. and Harris, Jeanne G. Competing on Analytics: The New Science of Winning. Cambridge: Harvard Business School Press, 2007. ISBN 978-1422103326. Available for purchase at the bookstore. There is a required on-line course pack available for purchase at the Harvard Business Publishing website at this URL: https://cb.hbsp.harvard.edu/cbmp/access/23455671 This link is also available on LATTE . See last page of Syllabus for course pack contents. Other readings as posted on LATTE site. Learning Goals...
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...ARTICLE IN PRESS Int. J. Human-Computer Studies 63 (2005) 436–451 www.elsevier.com/locate/ijhcs Developing creativity, motivation, and self-actualization with learning systems Winslow Burlesonà MIT Media Lab, 20 Ames St. Cambridge, MA 02139, USA Available online 10 May 2005 Abstract Developing learning experiences that facilitate self-actualization and creativity is among the most important goals of our society in preparation for the future. To facilitate deep understanding of a new concept, to facilitate learning, learners must have the opportunity to develop multiple and flexible perspectives. The process of becoming an expert involves failure, as well as the ability to understand failure and the motivation to move onward. Meta-cognitive awareness and personal strategies can play a role in developing an individual’s ability to persevere through failure, and combat other diluting influences. Awareness and reflective technologies can be instrumental in developing a meta-cognitive ability to make conscious and unconscious decisions about engagement that will ultimately enhance learning, expertise, creativity, and self-actualization. This paper will review diverse perspectives from psychology, engineering, education, and computer science to present opportunities to enhance creativity, motivation, and self-actualization in learning systems. r 2005 Published by Elsevier Ltd. Keywords: Creativity; Learning systems; Psychology; Failure; Motivation Education...
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...ASSESSMENT OF EFFECT OF TRAINING ON WORKERS PERFORMANCE IN NIGERIAN PORT AUTHORITY By BALOGUN OLUSHOLA FUMI S10AP1185 Being a Research Project, Submitted to the Department of Public Administration, Faculty of Administration, Ahmadu Bello University, Zaria, In Partial Fulfilment of the Requirements for the Award of Advance Diploma in Public Administration (ADPA). SEPTEMBER, 2012. DECLARATION I, Balogun Olushola Fumi, hereby declare that this research work titled: “Assessment of Effect of Training on Workers Performance in Nigerian Port Authority” has been conducted and compiled solely by me and that it is a record of my personal effort. ______________________ ________________ Balogun Olushola Fumi Date CERTIFICATION This research project titled “Assessment of Effect of Training on Workers Performance in Nigerian Port Authority” has been read thoroughly and accepted by the Department of Public Administration, Faculty of Administration, Ahmadu Bello University, Zaria, in partial fulfillment of the requirements for the award of Advance Diploma in Public Administration. _________________________ ________________ Dr. H.A. Yusuf Date Project Supervisor _________________________ ________________ Mal. Tijjani Adamu Date Project Coordinator _________________________ ________________ Dr. S.B. Abdulkarim Date Head of Department DEDICATION This project work is dedicated to Almighty God. ACKNOWLEDGEMENT ...
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...Introduction To Public Administration–MGT111 VU LESSON 01 INTRODUCTION 1. 2. 3. 4. 5. 6. 7. The course on Public Administration/Management has following objectives: Understand the concept of public administration/ management/organization Understand the evolution of the concept of public administration and its importance Understand the role of government Understand the role and core functions of public manager Understand the structure of government /organizations Create understanding about the skills required by the public manager in imparting duties Understand the changing role of government and role of public managers. Importance of Course: The course on public administration/management is important as every citizen must understand the functioning of government. Besides, whether one works in private or public organization, or one is doing ones own business or whatever the profession, this course is useful as it helps understand organizations and their functioning. It also helps us understand the environment in which we are working. Introduction: definitions, concepts & setting At the end of lecture the students should be able to understanding: • The meaning of PA • The practice of public administration (PA) • Public administration as a subject of study • Definition of Public administration • Public administration, democracy and rights of citizens The Meaning The word ‘administration’ has been derived from Latin words ‘ad’ = to and ‘ministiare’ = serve and ‘Public’ =people or...
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...actually. hat distinguishes great entrepreneurs? Discussions ot entrepreneurial psychology typically focus on creativity, tolerance for risk, and the desire for achievement—enviable traits that, unfortunately, are not very teachable. So Saras Sarasvathy, a professor at the University of Virginia's Darden School of Business, set out to determine how expert entrepreneurs think, with the goal of transferring that knowledge to aspiring founders. While still a graduate student at Carnegie Mellon, Sarasvathy—with the guidance of her thesis supervisor, the Nobel laureate Herbert Simon—embarked t)n an audacious project: to eavesdrop on the thinking of the country's most successful entrepreneurs as they grappled with business problems. She required that her subjects have at least 15 years of entrepreneurial experience, have started multiple companies— both successes and failures—and have taken at least one company public. Sarasvathy identified 245 U.S. entrepreneurs who met her criteria, and 45 of them agreed to participate. (Responses from 27 appeared in her conclusions; the rest were reserved for subsequent studies. Thirty more helped shape the questionnaire.) Revenue at the subjects' companies—all run by the founders at that time—ranged from $200 million to $6.5 billion, in industries as diverse as toys and railroads. Sarasvathy met personally with all of her subjects, including such luminaries as Dennis Bakke, founder of energy giant AES; F^irl...
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...PRINCIPLES OF MANAGEMENT www.eiilmuniversity.ac.in Subject: PRINCIPLES OF MANAGEMENT Credits: 4 SYLLABUS Nature Scope and process of management, historical evolution of management & its foundation. Different approaches and systems of management, Types of skills, roles and modern challenges. Management Planning Process. Managerial decision Making Introduction to Organizing Organizational Structure and Its Dimensions. Different Types of Organizational Design and Their Advantages and Disadvantages. Nature and types of control in organizations. Introduction to Controlling Controlling Techniques, Types and its advantages & disadvantages. Control Process and its constituents. Introduction to Human Resource Management HRM planning & steps in planning process. HRM process Recruitment, selection, Training and development. Performance Appraisal and issues in human resources Leadership concept and some leadership theories. Leadership theories. Leadership Models. Leadership Development and Motivation. Motivational theories Suggested Readings: 1. Harold Koontz & Heinz Weihrich, Essentials of Management, Tata McGraw Hill 2. Stoner, Freeman, Gilbert Jr., Management, Prentice Hall 3. Bhatt & Kumar, Principles of Management, Oxford Publications PRINCIPLES OF MANAGEMENT PRINCIPLES OF MANAGEMENT COURSE OVERVIEW Management is the organizational process that aids us in that many layers of management-particularly middle manage- creating a service or product from the raw materials we have...
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...SEDL – Advancing Research, Improving Education The Impact of School, Family, and Community Connections on Student Achievement Annual Synthesis 2002 A New Wave of Evidence Anne T. Henderson Karen L. Mapp SEDL – Advancing Research, Improving Education The Impact of School, Family, and Community Connections on Student Achievement Annual Synthesis 2002 A New Wave of Evidence Anne T. Henderson Karen L. Mapp Contributors Amy Averett Joan Buttram Deborah Donnelly Marilyn Fowler Catherine Jordan Margaret Myers Evangelina Orozco Lacy Wood National Center for Family and Community Connections with Schools SEDL 4700 Mueller Blvd. Austin, Texas 78723 Voice: 512-476-6861 or 800-476-6861 Fax: 512-476-2286 Web site: www.sedl.org E-mail: info@sedl.org Copyright © 2002 by Southwest Educational Development Laboratory (SEDL). All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any information storage and retrieval system, without permission in writing from SEDL or by submitting a copyright request form accessible at http://www.sedl.org/about/copyright_request.html on the SEDL Web site. This publication was produced in whole or in part with funds from the Institute of Education Sciences, U.S. Department of Education, under contract number ED-01-CO-0009. The content herein does not necessarily reflect the views of the U.S. Department...
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...IIBM Institute of Business Management Principles & Practices of Management www.iibmindia.in Subject: PRINCIPLE AND PRACTICES OF MANAGEMENT Credits: 4 SYLLABUS Nature Scope and process of management, historical evolution of management & its foundation. Different approaches and systems of management, Types of skills, roles and modern challenges. Management Planning Process. Managerial decision Making Introduction to Organizing Organizational Structure and Its Dimensions. Different Types of Organizational Design and Their Advantages and Disadvantages. Nature and types of control in organizations. Introduction to Controlling Controlling Techniques, Types and its advantages & disadvantages. Control Process and its constituents. Introduction to Human Resource Management HRM planning & steps in planning process. HRM process Recruitment, selection, Training and development. Performance Appraisal and issues in human resources Leadership concept and some leadership theories. Leadership theories. Leadership Models. Leadership Development and Motivation. Motivational theories Suggested Readings: 1. Harold Koontz & Heinz Weihrich, Essentials of Management, Tata McGraw Hill 2. Stoner, Freeman, Gilbert Jr., Management, Prentice Hall 3. Bhatt & Kumar, Principle and Practices of Management, Oxford Publications PRINCIPLESOF MANAGEMENT COURSE OVERVIEW Management is the organizational process that aids us in creating a that many layers of...
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