TY - JOUR AU - Martin, Roderick AB - This paper examines the "new institutional economics" approach to organizational analysis. Whilst acknowledging the benefits of the approach, especially in micro analysis, the paper discusses five areas of difficulty: the fundamental concepts of transaction and bounded rationality; the inadequate treatment of power relations; the over-simplified treatment of norms and values; the ahistorical treatment of organizational context; and the problematic status of functional explanations. The paper argues instead for an interest-interdependence approach, building upon the work of Blau and more recently Coleman. TI - The New Behaviorism: A Critique of Economics and Organization: JF - Human Relations DO - 10.1177/001872679304600905 DA - 2016-04-22 UR - https://www.deepdyve.com/lp/sage/the-new-behaviorism-a-critique-of-economics-and-organization-h5k0w0zlRt SP - 1085 EP - 1101 VL - 46 IS - 9 DP - DeepDyve ER -