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Economics and Management Theory: New Developments in France


  • Jacques Rojot


Management theory, initially mostly concerned with establishing a set of normative principles aiming to train practicing managers, has developed a substantial body of theory and several original strands of research. It has traditionally drawn its inspiration largely from economic theory, but has integrated elements of sociology, law and social psychology, among other disciplines. In France, a set of relevant recent and innovative approaches come from recent developments in economic theory gathered generally under the label of 'economics of conventions. 'The paper attempts to characterize the main features of the'economics of conventions' and the ways in which it is relevant and provides fruitful new approaches to management theory.

Suggested Citation

  • Jacques Rojot, 2002. "Economics and Management Theory: New Developments in France," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(2), pages 283-294.
  • Handle: RePEc:taf:ijecbs:v:9:y:2002:i:2:p:283-294 DOI: 10.1080/13571510210135014

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    References listed on IDEAS

    1. Bergstrom, Theodore C, 1995. "On the Evolution of Altruistic Ethical Rules for Siblings," American Economic Review, American Economic Association, vol. 85(1), pages 58-81, March.
    2. Bergstrom, Theodore C & Stark, Oded, 1993. "How Altruism Can Prevail in an Evolutionary Environment," American Economic Review, American Economic Association, vol. 83(2), pages 149-155, May.
    3. Olivier Favereau, 1989. "Marchés internes, marchés externes," Revue Économique, Programme National Persée, vol. 40(2), pages 273-328.
    4. Arrow, Kenneth J, 1974. "Limited Knowledge and Economic Analysis," American Economic Review, American Economic Association, vol. 64(1), pages 1-10, March.
    5. Richard H. Day, 1983. "The Emergence of Chaos from Classical Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 98(2), pages 201-213.
    6. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    7. Olivier Favereau, 1989. "Organisation et marché," Revue Française d'Économie, Programme National Persée, vol. 4(1), pages 65-96.
    8. Commons, John R., 1931. "Institutional Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 21, pages 648-657.
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    Cited by:

    1. Nicolas Buclet & David Lazarevic, 2015. "Principles for sustainability: the need to shift to a sustainable conventional regime," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(1), pages 83-100, February.


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