The Firm And The Market
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The Firm The Market And The Law
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Author : R. H. Coase
language : en
Publisher: University of Chicago Press
Release Date : 2012-06-15
The Firm The Market And The Law written by R. H. Coase and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-15 with Business & Economics categories.
Few other economists have been read and cited as often as R.H. Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic Literature Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.
The Firm And The Market
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Author : Mark Casson
language : en
Publisher: MIT Press
Release Date : 1987
The Firm And The Market written by Mark Casson and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.
In this book, a well known theorist of the multinational firm extends his major contributions to encompass the scope of the firm in general. Casson presents a model showing how the different activities of the firm - R & D, production, marketing, and distribution, for example - are linked in a way that is just as important in determining the scope of the firm as are the traditional factors of market share or product type. Casson infers from an extensive consideration of the history, development, and organization of the multinational that the scope of any firm is determined by the way it resolves the problem of coordinating these production activities; the possibility of its becoming a multinational, in fact, depends on the strategic problems encountered in these operations. After chapters in which he critically reviews the literature and sets forth his own theoretical insights, the author looks at case studies of topical concern in the shipping, construction, and motor vehicle industries in order to explain contemporary rationalization and restructuring in manufacturing.
Theory Of The Firm
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Author : Kalman J. Cohen
language : en
Publisher: Prentice Hall
Release Date : 1975
Theory Of The Firm written by Kalman J. Cohen and has been published by Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Business & Economics categories.
Business firms, decision making and economic models; Market structures and the theory of the firm; New approaches to the theory of the firm; Implications of microeconomics for the economic system.
The Theory Of The Firm
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Author : Daniel F. Spulber
language : en
Publisher: Cambridge University Press
Release Date : 2009-04-13
The Theory Of The Firm written by Daniel F. Spulber and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-13 with Business & Economics categories.
The Theory of the Firm presents an innovative general analysis of the economics of the firm.
Market Microstructure
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Author : Daniel F. Spulber
language : en
Publisher: Cambridge University Press
Release Date : 1999-04-13
Market Microstructure written by Daniel F. Spulber and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-13 with Business & Economics categories.
This book presents a theory of the firm based on its economic role as an intermediary between customers and suppliers. Professor Spulber demonstrates how the intermediation theory of the firm explains firm formation by showing how they arise in a market equilibrium. In addition, the theory helps explain how markets work by showing how firms select market-clearing prices. Models of intermediation and market microstructure from microeconomics and finance shed considerable light on the formation and market making activities of firms. The intermediation theory of the firm is compared to existing economic theories of the firm including the neoclassical, industrial organization, transaction cost, and principal-agent models.
A Market Process Theory Of The Firm
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Author : Mateusz Machaj
language : en
Publisher: Routledge
Release Date : 2021-07-14
A Market Process Theory Of The Firm written by Mateusz Machaj and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-14 with Business & Economics categories.
Neoclassical economics has been criticized from various angles by orthodox schools. The same can be said about its particular branch: the theory of the firm. This book demonstrates how a successful theory of the firm can be presented without flawed notions of a neoclassical framework and used to comprehend actual business history. The author argues that we should start from the assumption that businesses are inevitably imponderable, as that is their nature, in the process of economic evolution. The book offers an in-depth exploration of neoclassical limitations by examining each of the small details associated with the famous MR = MC rule. It follows a step-by-step approach, which starts off with neoclassical assumptions and then moves into more empirically sound theory, based on modeling logic and rooted in real world examples. The author presents a novel discussion on the size of the firm, both in terms of classifying a firm’s expansion and about the factors that limit the size of the firm and argues how formal pricing theory can be built using more indeterminate assumptions about firms. Further, there is a discussion on how firms are rooted in amorphous industries, which helps to explain economic progress better by emphasizing the importance of economic experiments, mistakes and bankruptcies. This is a valuable reference for scholars and researchers who are interested in a range of topics from microeconomics, through pricing theory to industrial organization, history of economic thought and managerial economics.
Markets In The Firm
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Author : Tyler Cowen
language : en
Publisher: Hobart Papers (Paperback)
Release Date : 1997
Markets In The Firm written by Tyler Cowen and has been published by Hobart Papers (Paperback) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Businesses around the world face increasing turbulence in their economic and social environments. The pace of change in market economies seems to be ever accelerating. In this book, the authors consider some of the implications for management of different views of the firm. They point to the need, in these days of global markets and increased uncertainty, for firms to be flexible and responsive to market-place requirements.
Microeconomics
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Author : M. J. Rosser
language : en
Publisher:
Release Date : 1988
Microeconomics written by M. J. Rosser and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Microeconomics categories.
Intended for first and second year undergraduate economics and business studies students, this book covers standard microeconomics topics and an introduction to the theory of contestable markets, linear production theory and alternative theories of the firm, including the Marxian paradigm.
The Nature Of The Firm
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Author : Oliver E. Williamson
language : en
Publisher: Oxford University Press, USA
Release Date : 1993
The Nature Of The Firm written by Oliver E. Williamson and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
Market Structure And Equilibrium
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Author : Heinrich von Stackelberg
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-11-10
Market Structure And Equilibrium written by Heinrich von Stackelberg and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-10 with Business & Economics categories.
In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.