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Appears in Collections:Management, Work and Organisation Working Papers
Peer Review Status: Refereed
Title: Inclusive and exclusive social preferences: A Deweyan framework to explain governance heterogeneity
Author(s): Sacchetti, Silvia
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Citation: Sacchetti S (2012) Inclusive and exclusive social preferences: A Deweyan framework to explain governance heterogeneity. Econometica, WP 36/2012.
Keywords: private-public dichotomy
social preferences
governance heterogeneity
JEL Code(s): B00: History of Economic Thought, Methodology, and Heterodox Approaches
L20: Firm Objectives, Organization, and Behavior: General
L30: Nonprofit Organizations and Public Enterprise: General
Issue Date: 30-Apr-2012
Date Deposited: 21-Jan-2013
Publisher: Econometica University of Milan Bicocca, Milano (Italy)
Series/Report no.: Econometica, WP 36/2012
Abstract: We suggest that Dewey's theory of value formation has implications for the contraposition between individual and social preferences in economics. We re-consider that distinction and introduce, instead, the notions of inclusive and exclusive social preferences. We then apply this distinction to governance forms and suggest an explanatory framework of governance heterogeneity which contrasts exclusive and inclusive governance structures. In the final discussion we illustrate a possible use of the framework for assessing cooperatives and social enterprises as well as traditional corporations. More generally, we argue that the assessment of governance heterogeneity would benefit from a consideration of the type of social preferences underlying formal as well as substantive involvement of publics.
Type: Working Paper
Rights: The publisher has not responded to our queries therefore this work cannot be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Socio-Management - LEGACY
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