The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Economics Language and Assumptions: How Theories can Become Self-Fulfilling
Abstract
Social science theories can become self-fulfilling by shaping institutional designs and management practices, as well as social norms and expectations about behavior, thereby creating the behavior they predict. They also perpetuate themselves by promulgating language and assumptions that become widely used and accepted. We illustrate these ideas by considering how the language and assumptions of economics shape management practices: theories can “win” in the marketplace for ideas, independent of their empirical validity, to the extent their assumptions and language become taken for granted and normatively valued, therefore creating conditions that make them come “true.”
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Citations
Cites
The pricing of options and corporate liabilities
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“And, the authors cited the literature on overjustification effects (e.g., Lepper, Greene, and Nisbett, 1973 ) –the possibility that extrinsic rewards can reduce intrinsic motivation– to illustrate how application of reinforcement principles can change the nature of the work itself.”
Accounting for the effects of accountability.
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That's Interesting!: Towards a Phenomenology of Sociology and a Sociology of Phenomenology
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Cited by
“Economic man” in cross-cultural perspective: behavioral experiments in 15 small-scale societies
Henrich, J., Boyd, R., Bowles, S., Camerer, C., Fehr, E., Gintis, H., McElreath, R., Alvard, M., Barr, A., Ensminger, J., et al. (2005) · Behavioral and Brain Sciences · doi:10.1017/s0140525x05000142 · Cited by 1,898
An Engine, Not a Camera: How Financial Models Shape Markets
MacKenzie, D. (2006) · doi:10.7551/mitpress/9780262134606.001.0001 · Cited by 1,766
Grant, A. M. (2008) · Journal of Applied Psychology · doi:10.1037/0021-9010.93.1.108 · Cited by 1,114
Building Sustainable Organizations: The Human Factor.
Pfeffer, J. (2010) · Academy of Management Perspectives · doi:10.5465/amp.2010.50304415 · Cited by 862
Self-citationThe interplay between theory and method
Van Maanen, J., Sørensen, J. B., & Mitchell, T. R. (2007) · Academy of Management Review · doi:10.5465/amr.2007.26586080 · Cited by 860
Metadata
- Authors
- Ferraro, F., Pfeffer, J., & Sutton, R. I.
- Venue
- Academy of Management Review
- Publisher
- Academy of Management
- Published
- 2005-01
- Volume
- 30
- Issue
- 1
- Pages
- 8-24
- ISSN
- 0363-7425 (ISSN-L)
- 1930-3807
- OpenAlex
- W2153504809
- Cited by
- 1,210
- References
- 7
- FWCI
- 124.21
- Type
- journal article
- Language
- en
- Open access
- closed
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