Economics of the Business Firm - Seven Critical Commentaries

Klappentext The essays in this volume break new ground in the theory of the business firm and its applications in economics. Zusammenfassung 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. Inhaltsverzeichnis 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.

Product details

• Authors: Harold Demsetz, Harold (University of California Demsetz
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 13.09.1996
• EAN: 9780521588652
• ISBN: 978-0-521-58865-2
• No. of pages: 192
• Series: Seven Critical Commentaries
• Subject: Social sciences, law, business > Business > Miscellaneous