Scholarly record
RATIONAL BEHAVIOR OF EMPLOYEES DRIVEN BY ECONOMIC INTERESTS
Abstract
In existing theories of human behavior the concept of self-interest is of immense significance. Debates over the self-interest in the economic theory have grown in scale as models of individual economic behavior within the rational choice theory and economic theory of welfare gained currency. The aim of the study is to explore modern concepts of self-interest and reveal trends in development of the self-interest theory as based on identification of preconditions, factors and criteria of rational behavior in hired personnel within an organization which is driven by the self-interest. The methods of analysis and synthesis, induction and deduction, analogy were employed in the study. Findings of the study: boundedly rational nature of the self-interest was revealed in the organization personnel; prescriptive nature of personal interest impact on behavior was revealed in the organization personnel; methodological aspects of self-interest identification in hired personnel were implemented based on analysis of their conscious rational behavior within the organization; practical prerequisites for economic behavior in personnel were identified.
Publication Impact Profile
Publication details
References14
Miller, D. T. and Ratner, R. K. The power of the myth of self-interest. In L. Montada and M. J. Lerner (Eds.), Current societal issues in justice (pp. 25–48). New York: Plenum. 1996.
Sampson, E. E. Justice and the critique of pure psychology, New York: Plenum. 1983
Wallach, M. A. and Wallach, L. W. Psychology's Sanction for Selfishness: The Error of Egoism in Theory and Therapy. New York: Freeman. 1983.
Schwartz, B. Psychology, idea technology, and ideology. Psychological Science, 8(1): 21-27. 1997.
Miller, D.T. The Norm of Self-Interest. American Psychologist, 54(12): 1053-1060. 1999
Bocharova, I. Institute for representing economic interests of employees. Labour and social relations, 1: 29-43. 2005
Bocharova, I. Economic interests in a firm. Lomonosov Moscow University, Maks-press. 2007
Rymanov, A. Moscow International Financial Centre Federal Government Outlays. World Applied Sciences Journal, 30 (6): 706-709. 2014
Barnard, C.I. The Functions of the Executive. Cambridge, MA: Harvard University Press. 1938
Simon, H., Smithburg, D., Thompson, V. Public Administration. New York: Alfred Knopf. 1950.
Davis, C. The Administrative rational model and public organization theory, Administration and Society, 28(1). 1996.
March, J.G., Simon H.A. Organizations. – New York, Wiley. 1958
Personnel management in a social market economy, Eds. R.Marr and H. Schmidt. Lomonosov Moscow University. 1997.
Rymanov, A. Corporate Financial Stability and its Liquidity: How Strong is the Connection?. Middle-East Journal of Scientific Research, 20 (9): 1103-1106. 2014.
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.
