IDEAS home Printed from
   My bibliography  Save this paper

Cultural Variation in the Theory of the Firm


  • Donald W. Katzner

    () (University of Massachusetts Amherst)


This paper presents a model of the firm that includes the possibility of firm and employee-on-the-job decision making based on alternatives to profit and utility maximization. Such alternatives are relevant and significant when explaining firm activity in cultural environments in which self interest is not considered to be a primary force driving human behavior. Three types of firms are defined and their properties compared: the Western firm, the Japanese firm, and the clan. The third is a combination of the first two. JEL Categories: D21, Z19

Suggested Citation

  • Donald W. Katzner, 2005. "Cultural Variation in the Theory of the Firm," UMASS Amherst Economics Working Papers 2005-07, University of Massachusetts Amherst, Department of Economics.
  • Handle: RePEc:ums:papers:2005-07

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Katzner, Donald W., 2001. "Explaining the Japanese economic miracle," Japan and the World Economy, Elsevier, vol. 13(3), pages 303-319, August.
    2. Blinder Alan S., 1993. "A Simple Note on the Japanese Firm," Journal of the Japanese and International Economies, Elsevier, vol. 7(3), pages 238-255, September.
    3. Donald W. Katzner, 1999. "Western Economics and the Economy of Japan," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 21(3), pages 503-521, March.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Culture; firm; decision making;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ums:papers:2005-07. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Daniele Girardi). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.