The Behavioral Foundations of Strategic Management

1. Introduction.
<p>Objectives of Strategic Management Research:.</p>
<p>What is an Explanation?.</p>
<p>Rigor in Strategy Research.</p>
<p>Rationality and Bounded Rationality.</p>
<p>Summary of the Argument.</p>
<p>Outline of the book.</p>
<p>2. Basics of A Behavioral Approach.</p>
<p>Basic Views of Decisions.</p>
<p>Bounded Rationality.</p>
<p>Routines.</p>
<p>Aspirations and Search.</p>
<p>Aspiration Levels.</p>
<p>Search.</p>
<p>Alternative Variations.</p>
<p>Slack.</p>
<p>The Ecological or Selection Argument.</p>
<p>Two Criticisms of the Bounded Rationality View.</p>
<p>Summary.</p>
<p>3. A Behavioral Critique of Rationality and Equilibrium.</p>
<p>The Behavioral Critique of Rationality.</p>
<p>Rationality Assumptions are Untestable.</p>
<p>Only Optimizers Survive Selection.</p>
<p>Correctness of Assumptions Doesn t Matter because Optimization Predicts Well.</p>
<p>Does Optimization Predict Well?.</p>
<p>Prediction is the Appropriate Test of a Theory.</p>
<p>The Assumptions are Close Enough.</p>
<p>Very Weak Form Rationality?.</p>
<p>Optimization is Best!.</p>
<p>Logical Problems of Rationality and Equilibrium.</p>
<p>Bounded rationality in economics.</p>
<p>Game theory.</p>
<p>A Lack of Rigor.</p>
<p>Uses of Formal Models.</p>
<p>Summary.</p>
<p>4. A Behaviorist s Perspective on Current Strategy Approaches.</p>
<p>Behavioral Traditions in Strategy.</p>
<p>No Rules for Riches?.</p>
<p>Resource Based View.</p>
<p>The RBV versus Porter s Industry Analysis.</p>
<p>Transactions Costs.</p>
<p>Agency Theory.</p>
<p>Summary.</p>
<p>5. Behavioral Methodology.</p>
<p>Importance of Process.</p>
<p>Process and Testing.</p>
<p>Time Series and Endogeneity.</p>
<p>6. Where do we go from here?.</p>
<p>Management Strategy and External Strategy.</p>
<p>Competition.</p>
<p>Prescription.</p>
<p>Statistics.</p>
<p>Behavioral Theory of the Firm.</p>
<p>Concluding Remarks.</p>
<p>7. References</p>