001432531 000__ 05286cam\a22006011i\4500 001432531 001__ 1432531 001432531 003__ OCoLC 001432531 005__ 20230309003448.0 001432531 006__ m\\\\\o\\d\\\\\\\\ 001432531 007__ cr\un\nnnunnun 001432531 008__ 200917s2021\\\\enka\\\\o\\\\\000\0\eng\d 001432531 019__ $$a1202226088$$a1204143039$$a1225365823 001432531 020__ $$a9783030468781$$qelectronic book 001432531 020__ $$a303046878X$$qelectronic book 001432531 020__ $$z9783030468774$$qhardcover 001432531 020__ $$z3030468771 001432531 0247_ $$a10.1007/978-3-030-46878-1$$2doi 001432531 035__ $$aSP(OCoLC)1222779138 001432531 040__ $$aUKMGB$$beng$$erda$$epn$$cUKMGB$$dOCLCO$$dYDX$$dUKAHL$$dOCLCF$$dYDXIT$$dGW5XE$$dEBLCP$$dOCLCO$$dOCLCQ 001432531 049__ $$aISEA 001432531 050_4 $$aHD30.23$$b.P44 2021 001432531 08204 $$a658.403$$223 001432531 1001_ $$aPeng, George Z.,$$eauthor. 001432531 24510 $$aToward behavioral transaction cost economics :$$btheoretical extensions and an application to the study of MNC subsidiary ownership /$$cGeorge Z. Peng. 001432531 264_1 $$aCham, Switzerland :$$bPalgrave Macmillan, an imprint of Springer Nature,$$c[2021] 001432531 300__ $$a1 online resource :$$billustrations (black and white). 001432531 336__ $$atext$$2rdacontent 001432531 336__ $$astill image$$2rdacontent 001432531 337__ $$acomputer$$2rdamedia 001432531 338__ $$aonline resource$$2rdacarrier 001432531 4901_ $$aInternational Marketing and Management Research Ser. 001432531 500__ $$aIs Transaction Cost Economics Behavioral? -- Clarifying Key Terms and Philosophical Foundations of Transaction Cost Economics -- Opportunism and Bounded Rationality in Transaction Cost Economics: Values, Attitudes, or Behaviors? -- Modeling Bounded Rationality: Mediation or Moderation-or Bounded Rationalizing? -- Toward Behavioral Transaction Cost Economics and Beyond -- An Empirical Application to the Study of MNC Subsidiary Ownership -- Implications, Future Directions, and Conclusion. 001432531 5050_ $$a1. Is Transaction Cost Economics Behavioral? -- 2. Clarifying Key Terms and Philosophical Foundations of Transaction Cost Economics -- 3. Opportunism and Bounded Rationality in Transaction Cost Economics: Values, Attitudes, or Behaviors? -- 4. Modeling Bounded Rationality: Mediation or Moderationor Bounded Rationalizing? -- 5. Toward Behavioral Transaction Cost Economics and Beyond -- 6. An Empirical Application to the Study of MNC Subsidiary Ownership -- 7. Implications, Future Directions, and Conclusion. 001432531 506__ $$aAccess limited to authorized users. 001432531 520__ $$aAdopting a critical realist position, this book renders transaction cost economics (TCE) into a behavioral theory of organizational decision-making by foregrounding psychological processes and introducing and integrating with effectuation theory. Consistent with its behavioral agenda, the book introduces the concept of uncertainty controllability and provides a clearer conceptualization and a novel modeling strategy of bounded rationality based on the conceptual separation of cognitive bounds from psychological rationalizing. The book inspires new insights into the significance of cultural distance (CD). Based on the understanding that culture is socially-extended cognition, the author re-conceptualizes CD as reflecting cognitive bounds, and uses the biases arising from CD to contextualize effectuation and deepen the flat ontology of both TCE and effectuation theory. The book presents a full two-sided behavioral framework of organizational decision-making, with behavioral TCE and behavioral real options theory complementing each other to complete the full behavioral picture. Both sides are further linked to organizational learning, which reduces biases over time and thus drives governance structures toward more rational directions. The full framework uses prospect theory as the overarching theory that determines which side of the behavioral framework is relevant for the uncertainty of concern based on the different problem frames resulting from different degrees of uncertainty controllability. Because effectuation can take place on both sides of the framework based on competing risk logics, prospect theory serves to harmonize inconsistencies in the effectuation literature as a side note. This book applies the behavioral TCE side of the framework to the study of MNC subsidiary ownership decision-making process using a dataset of over 10,000 Japanese subsidiaries founded in 43 host countries. It concludes with a discussion of implications and future directions for TCE in general and international business in particular. 001432531 588__ $$aDescription based on online resource; title from digital title page (viewed on December 23, 2020). 001432531 650_0 $$aDecision making. 001432531 650_0 $$aTransaction costs. 001432531 650_0 $$aBehaviorism (Psychology) 001432531 650_0 $$aOrganizational behavior. 001432531 650_6 $$aPrise de décision. 001432531 650_6 $$aCoûts de transaction. 001432531 650_6 $$aBéhaviorisme (Psychologie) 001432531 650_6 $$aComportement organisationnel. 001432531 655_0 $$aElectronic books. 001432531 77608 $$iPrint version :$$z9783030468774 001432531 830_0 $$aInternational Marketing and Management Research Ser. 001432531 852__ $$bebk 001432531 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-46878-1$$zOnline Access$$91397441.1 001432531 909CO $$ooai:library.usi.edu:1432531$$pGLOBAL_SET 001432531 980__ $$aBIB 001432531 980__ $$aEBOOK 001432531 982__ $$aEbook 001432531 983__ $$aOnline 001432531 994__ $$a92$$bISE