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The Economics of the Business Firm - Harold Demsetz

The Economics of the Business Firm

Seven Critical Commentaries

(Autor)

Buch | Softcover
192 Seiten
1996
Cambridge University Press (Verlag)
978-0-521-58865-2 (ISBN)
CHF 67,95 inkl. MwSt
The essays in this volume discuss the theory of the business firm and its applications in economics. A leading analyst of industrial organization, Professor Demsetz critically examines current debates on the existence, definition, and organization of the firm and discusses issues related to the emerging theory of the firm.
The essays in this volume discuss the theory of the business firm and its applications in economics. A leading analyst of industrial organization, Professor Demsetz first critically examines current debates on the existence, definition, and organization of the firm and discusses conceptual and theoretical issues related to the emerging theory of the firm. He then analyzes contemporary treatments of the relation between business ownership, wealth, and economic development. Subsequent essays offer new perspectives on competition, profit maximization and rational behavior, and shed new light on managers' compensation, antitrust policy, and the accuracy of firms' accounting data. The latter themes will interest business audiences as well as professionals and students in economics. These previously unpublished essays derive from lectures originally presented at Uppsala and Lund Universities in Sweden, the Mont Pelerin Society meeting in Prague, and the Center for the Study of Economics and the State at the University of Chicago.

Preface; First Commentary. The firm in theory: its definition and existence; Second Commentary. Agency and non-agency explanations of the firm's organization; Third Commentary. Enterprise control, wealth, and economic development; Fourth Commentary. Profit maximization and rational behavior; Fifth Commentary. The use and abuse of accounting profit data; Sixth Commentary. Management compensation and tournament theory; Seventh commentary. The intensity and dimensionality of competition; References.

Erscheint lt. Verlag 13.9.1996
Zusatzinfo 10 Tables, unspecified; 1 Line drawings, unspecified
Verlagsort Cambridge
Sprache englisch
Maße 150 x 228 mm
Gewicht 273 g
Themenwelt Wirtschaft Betriebswirtschaft / Management
Wirtschaft Volkswirtschaftslehre Mikroökonomie
ISBN-10 0-521-58865-0 / 0521588650
ISBN-13 978-0-521-58865-2 / 9780521588652
Zustand Neuware
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