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Measuring and Managing Performance in Organizations
book

Measuring and Managing Performance in Organizations

by Robert D. Austin, Tom DeMarco, Timothy Lister
July 2013
Intermediate to advanced content levelIntermediate to advanced
240 pages
5h 36m
English
Addison-Wesley Professional
Content preview from Measuring and Managing Performance in Organizations

Chapter Four. How Economists Approach the Measurement Problem

The link between management practice and research in economics is tenuous at best. One reason is that economists commonly use complex mathematics that are inaccessible to most nonspecialists. Another reason is that the assumptions underlying many economic models are so simplified that it is difficult to take them seriously as descriptions of real organizational situations. Despite these objections, however, there are ideas of interest imbedded within the mathematically rigorous yet drastically oversimplified models of economics. It is worth considering these ideas, without the technical detail, as a starting point for the analysis of motivational measurement.

Economists began to consider ...

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Publisher Resources

ISBN: 9780133488425