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The efficiency of the competitive mechanism, with its total reliance on exit, is questioned for certain important situations. As exit often undercuts voice while being unable to counteract decline, loyalty is seen in the function of retarding exit and of permitting voice to play its proper role.
The interplay of the three concepts turns out to illuminate a wide range of economic, social, and political phenomena. As the author states in the preface, "having found my own unifying way of looking at issues as diverse as competition and the two-party system, divorce and the American character, black power and the failure of 'unhappy' top officials to resign over Vietnam, I decided to let myself go a little."
The efficiency of the competitive mechanism, with its total reliance on exit, is questioned for certain important situations. As exit often undercuts voice while being unable to counteract decline, loyalty is seen in the function of retarding exit and of permitting voice to play its proper role.
The interplay of the three concepts turns out to illuminate a wide range of economic, social, and political phenomena. As the author states in the preface, "having found my own unifying way of looking at issues as diverse as competition and the two-party system, divorce and the American character, black power and the failure of 'unhappy' top officials to resign over Vietnam, I decided to let myself go a little."
Fachbereich: | Management |
---|---|
Genre: | Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Taschenbuch |
ISBN-13: | 9780674276604 |
ISBN-10: | 0674276604 |
Sprache: | Englisch |
Einband: | Kartoniert / Broschiert |
Autor: | Hirschman, Albert O. |
Hersteller: | Harvard University Press |
Abbildungen: | 8 figures |
Maße: | 211 x 134 x 15 mm |
Von/Mit: | Albert O. Hirschman |
Erscheinungsdatum: | 01.02.1972 |
Gewicht: | 0,165 kg |
Fachbereich: | Management |
---|---|
Genre: | Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Taschenbuch |
ISBN-13: | 9780674276604 |
ISBN-10: | 0674276604 |
Sprache: | Englisch |
Einband: | Kartoniert / Broschiert |
Autor: | Hirschman, Albert O. |
Hersteller: | Harvard University Press |
Abbildungen: | 8 figures |
Maße: | 211 x 134 x 15 mm |
Von/Mit: | Albert O. Hirschman |
Erscheinungsdatum: | 01.02.1972 |
Gewicht: | 0,165 kg |