Theory and Decision Library A

By: A. Camacho

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Hardcover | 31 December 1995

At a Glance

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172 Pages

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25.4 x 17.15 x 1.91

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A new approach to explaining the existence of firms and markets, focusing on variability and coordination. It stands in contrast to the emphasis on transaction costs, and on monitoring and incentive structures, which are prominent in most of the modern literature in this field. This approach, called the variability approach, allows us to: show why both the need for communication and the coordination costs increase when the division of labor increases; explain why, while the firm relies on direction, the market does not; rigorously formulate the optimum divisionalization problem; better understand the relationship between technology and organization; show why the `size' of the firm is limited; and to refine the analysis of whether the existence of a sharable input, or the presence of an external effect leads to the emergence of a firm.
The book provides a wealth of insights for students and professionals in economics, business, law and organization.

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Non-Fiction Economics Labour Economics Business & Management Business Communication & Presentation Industry & Industrial Studies Organisational Theory & Behaviour Econometrics Computing & I.T.Computer Science Computer Architecture & Logic Design Microeconomics

Economic Theory & Philosophy Gardening

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Published: 7th December 2010

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Preface
Acknowledgements
Introduction	p. 1
The Division of Labor and Communication	p. 9
Variability and the Logic of Firms and Markets: Informal Analysis	p. 30
The Internal Organization of Complex Teams: Bounded Rationality and the Logic of Hierarchies	p. 46
Variability. Coordination, Information Structure, and the Logic of Firms and Markets	p. 68
Variability and the Logic of Firms, Markets, and Other Arrangements	p. 82
Adaptation Costs, Coordination Costs, and Optimal Firm Size	p. 95
Indivisibilities: Economies of Scale, Scope, and Speed	p. 109
The Variability Approach and the Multiproduct Firm	p. 128
Concluding Remarks	p. 139
Bibliography	p. 144
Names Index	p. 148
Subject Index	p. 149
Table of Contents provided by Blackwell. All Rights Reserved.

Theory and Decision Library A

At a Glance

Hardcover

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Paperback

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