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OverviewThe economic theory of contract is being reshaped in ways which resonate with the findings of socio-legal contract scholars and of industrial economists and sociologists in the Marshallian tradition, who emphasise the 'embeddedness' of organizations within their social and cultural environment. Contractual co-operation is seen as depending on institutional factors which serve to enhance 'trust', and arrangements which in the past were criticized as the product of collusion are being reassessed as potentially efficient responses to market failure. An active debate has begun on how instruments of public policy can best be deployed to arrive at an effective balance between co-operation and competition. This affects both the competitiveness of private sector organizations and the success of deregulatory reforms in the public sphere. These issues are explored within four main areas: developments in private-sector contracting; contract and organization in the public sector; the economics of contract law; and competitiveness and competition policy. Full Product DetailsAuthor: Simon Deakin, FBA (Lecturer, Faculty of Law, and Assistant Director, ESRC Centre of Business Research, University of Cambridge) , Jonathan Michie (Professor of Management and Business Studies at Birkbeck College, University of London)Publisher: Oxford University Press Imprint: Oxford University Press Dimensions: Width: 16.10cm , Height: 3.00cm , Length: 24.20cm Weight: 0.785kg ISBN: 9780198292661ISBN 10: 019829266 Pages: 436 Publication Date: 01 February 1998 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsPART I. TRUST, CO-OPERATION, AND COMPETITION ; PART II. PUBLIC SECTOR CONTRACTING AND QUASI-MARKETS ; PART III. CONTRACT LAW AND ECONOMIC ANALYSIS ; PART IV. INDUSTRIAL STRUCTURE, CONTRACTS, AND COMPETITIONReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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