This paper analyzes the evolution of agency theory and shows how Austrian economists and, in particular, Mises largely anticipated these developments. Our analytical framework is the evolution of agency theory and we argue that it is a quest for more realism that has been the driving force of this evolution. We analyze how the agency literature has evolved since its first developments with the ...

The present article examines the nature and function of human agency within the conceptual model of triadic reciprocal causation. In analyzing the operation of human agency in this interactional causal structure, social cognitive theory accords a central role to cognitive, vicarious, self-reflective, and self-regulatory processes. The issues addressed concern the psychological mechanisms throug...

The nature of the relationship between information technology (IT) and organizations has been a long-standing debate in the Information Systems literature. Does IT shape organizations, or do people in organisations control how IT is used? To formulate the question a little differently: does agency (the capacity to make a difference) lie predominantly with machines (computer systems) or humans (...

apparent agency is one of the new and practical kinds of agencies that have been considered in both legal systems – common law and civil law- and in most laws of different countries in the world – regardless of level of economic and social development - and also in some international documents. its applications have been increased in different field of agency such as legal entities, new employm...

Many people are suspicious of self-interest and incentives and oppose motivating humans through incentives. I analyze the meaning of incentives in the logic of choice and argue that it is inconceivable that purposeful actions are anything other than responses to incentives. Money is not always the best way to motivate people. But where money incentives are required, they are required precisely ...