- A naturalistic theory of economic organization
- Journal of Economic Behavior & Organization
- Volume | Issue number
- 90 | S
- Pages (from-to)
- Document type
- Faculty of Economics and Business (FEB)
- Amsterdam Business School Research Institute (ABS-RI)
We develop a theory of economic organization grounded in the naturalistic paradigm currently emerging at the intersection of biology and the behavioral and social sciences. The crux of this approach is the recognition that an understanding of the evolutionary origins of human organizational capabilities can inform theories of contemporary economic organization. Modern firms sustain large scale cooperation by applying cultural ‘work-arounds’ to tribal instincts that evolved from simultaneous within-group and between-group competition on a much smaller scale. We translate this insight into ten principles of economic organization.
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