Economizing Principle in Accounting Research

Shyam Sunder

Yale School of Management Working Papers from Yale School of Management

Abstract: Joel S. Demski's work is characterized by the austere discipline of applying the economizing principle to accounting and management phenomena. In natural sciences optimization is used as a structural principle for understanding the organization of the physical universe. As social scientists applied it to our self-conscious selves, economizing acquired a behavioral interpretation, leading to unnecessary and avoidable confusion with the findings of cognitive sciences. Important aspects of aggregate level outcomes of social phenomena are structural. The use of the economizing principle for understanding social phenomena in general, a

Date: 2007-03-01, Revised 2007-09-01
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Chapter: Economizing Principle in Accounting Research (2007)
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