The economic nature of the firm : a reader (Book, 1996) [WorldCat.org]
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The economic nature of the firm : a reader

Author: Louis G Putterman; Randy Kroszner
Publisher: Cambridge ; New York : Cambridge University Press, 1996.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"The Economic Nature of the Firm brings together classic writings on the economic nature and organization of firms, including works by Ronald Coase, Armen Alchian and Harold Demsetz, Michael Jensen and William Meckling, George Akerlof, and Oliver Williamson, as well as more recent contributions by Paul Milgrom and John Roberts, Samuel Bowles and Herbert Gintis, Bengt Holmstrom, and Oliver Hart. Part I explores the  Read more...
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Details

Document Type: Book
All Authors / Contributors: Louis G Putterman; Randy Kroszner
ISBN: 0521470927 9780521470926 0521556287 9780521556286
OCLC Number: 1077989694
Description: x, 390 pages : illustrations ; 23 cm
Contents: The economic nature of the firm : a new introduction / Louis Putterman and Randall S. Kroszner --
From The wealth of nations / Adam Smith --
From Capital / Karl Marx --
From risk, uncertainty and profit / Frank Knight --
The use of knowledge in society / Friedrich Hayek --
Relational exchange : economics and complex contracts / Victor Goldberg --
From The visible hand / Alfred Chandler --
The nature of the firm / Ronald Coase --
Vertical integration, appropriable rents, and the competitive contracting process / Benjamin Klein, Robert Crawford, and Armen Alchian --
The governance of contractual relations / Oliver Williamson --
The organization of industry / G.B. Richardson --
The limits of firms : incentive and bureaucratic features / Oliver Williamson --
Bargaining costs, influence costs, and the organization of economic activity / Paul Milgrom and John Roberts --
Towards an economic theory of the multiproduct firm / David Teece --
Production, information costs, and economic organization / Armen Alchian and Harold Demsetz --
Contested exchange : new microfoundations for the political economy of capitalism / Samuel Bowles and Herbert Gintis --
Understanding the employment relation : the analysis of idiosyncratic exchange / Oliver Williamson, Michael Wachter, and Jeffrey Harris --
Multitask principal-agent analyses : incentive contracts, asset ownership, and job design / Bengt Holmstrom and Paul Milgrom --
The prisoners' dilemma in the invisible hand : an analysis of intrafirm productivity / Harvey Leibenstein --
Labor contracts as partial gift exchange / George Akerlof --
Profit sharing and productivity / Martin Weitzman and Douglas Kruse --
Mergers and the market for corporate control / Henry Manne --
Agency problems and the theory of the firm / Eugene Fama --
Theory of the firm : managerial behavior, agency costs, and ownership structure / Michael Jensen and William Meckling --
Organizational forms and investment decisions / Eugene Fama and Michael Jensen --
The structure of ownership and the theory of the firm / Harold Demsetz --
An economist's perspective on the theory of the firm / Oliver Hart --
Ownership and the nature of the firm / Louis Putterman.
Responsibility: edited by Louis Putterman and Randall S. Kroszner.

Abstract:

"The Economic Nature of the Firm brings together classic writings on the economic nature and organization of firms, including works by Ronald Coase, Armen Alchian and Harold Demsetz, Michael Jensen and William Meckling, George Akerlof, and Oliver Williamson, as well as more recent contributions by Paul Milgrom and John Roberts, Samuel Bowles and Herbert Gintis, Bengt Holmstrom, and Oliver Hart. Part I explores the general theme of the firm's economic nature and its place in the market system: Part II covers the scope of the firm; Part III examines internal organization and the human factor; and Part IV ties the firm's organization and behavior to issues of financing and ownership."--BOOK JACKET. "This volume also includes a consolidated bibliography of sources cited by these authors and an introductory essay by the editors that surveys the new institutional economics of the firm and issues raised in the anthology. The collection aims to introduce this core literature to advanced undergraduates, business and economics graduate students, and scholars in allied disciplines, including law, sociology, and organization and management."--Jacket.

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