Abstract

http://ssrn.com/abstract=1295303
 
 

References (100)



 


 



Bad for Practice - Good for Practice - From Economic Imperialism to Multidisciplinary Mapping


Jetta Frost


University of Zurich - Department of Business Administration (IBW)

Margit Osterloh


Professor of Management Science; Professor (em.) University of Zurich


1st IESE Conference, "Humanizing the Firm & Management Profession", Barcelona, IESE Business School, June 30-July 2, 2008

Abstract:     
There is a growing debate about economics not only being bad for practice but also destroying good management practice. The focus of this debate has been on the negative influences of wrong assumptions in theory building which become a self-fulfilling prophecy. We analyze why standard economics indeed can be bad for managerial and political practice. Aside from wrong assumptions, economic imperialism is another important factor. We argue that psychological economics is better for practice than standard economics, but is still not good for practice, as long as it uses an imperialistic approach. We propose a different research strategy, which we call multidisciplinary mapping. It not only bridges between different disciplinary approaches but also between the knowledge of scholars and practitioners. It is good for practice as well as for theory building.

Number of Pages in PDF File: 20

Keywords: Psychological economics, economic imperialism, self-fulfilling prophecy, multidisciplinary mapping

working papers series





Download This Paper

Date posted: November 5, 2008 ; Last revised: December 12, 2008

Suggested Citation

Frost, Jetta and Osterloh, Margit, Bad for Practice - Good for Practice - From Economic Imperialism to Multidisciplinary Mapping. 1st IESE Conference, "Humanizing the Firm & Management Profession", Barcelona, IESE Business School, June 30-July 2, 2008. Available at SSRN: http://ssrn.com/abstract=1295303 or http://dx.doi.org/10.2139/ssrn.1295303

Contact Information

Jetta Frost
University of Zurich - Department of Business Administration (IBW) ( email )
Hottingerstrasse 10
Plattenstrasse 14
Zurich, 8032
Switzerland
Margit Osterloh (Contact Author)
Professor of Management Science ( email )
Gibbet Hill Rd.
Coventry, West Midlands CV4 8UW
United Kingdom
Professor (em.) University of Zurich ( email )
Rämistrasse 71
Zürich, CH-8006
Switzerland
Feedback to SSRN


Paper statistics
Abstract Views: 796
Downloads: 102
Download Rank: 160,851
References:  100

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.312 seconds