Read more
The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms.
This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.
List of contents
1. Introduction: Coordination and Capabilities Nicolai J. Foss and Brian J. Loasby 2. George Richardson's Career and the Literature of Economics Peter E. Earl 3. Some Principles of Economic Organization George B. Richardson 4. Cooperation and Competition Paradoxes in the Theory of the Organization of Industry Jacques-Laurent Ravix 5. Marshall, Andrews and Robinson on Markets: An Interpretation Richard Arena and Claire Charbit 6. Information and Investment in a Wider Context Denis O'Brien 7. Information and Coordination in an Effective Competitive Process: Downie's Evolutionary Model as a Means of Resolving Richardson's Problem with Competition in the Context of Post-Marshallian Economics John Nightingale 8. Austrian and Post-Marshallian Economics: The Bridging Work of George B. Richardson Nicolai J. Foss 9. The Concept of Capabilities Brian Loasby 10. Capabilities and the Theory of the Firm Richard N. Langlois 11. Information Costs and the Organizational Structure of the Multinational Enterprise Mark Casson 12. Clusters of Collaboration: The Firm, Joint Ventures, Alliances and Clubs Neil M. Kay 13. Limits to a Firm's Rate of Growth: the Richardsonian View and Its Contemporary Significance Gavin C. Reid 14. Information, Similar and Complementary Assets, and Innovation Policy Paul L. Robertson
About the author
Nicolai Foss, Brian Loasby
Summary
This collection of essays has been put together to honour G.B. Richardson, often thought of as the 'founding father' of the theory of the firm and market. The book traces the development of his ideas and how they relate to current debates.
