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OverviewCase studies that examine how firms coordinate economic activity in the face of asymmetric information—information not equally available to all parties—are the focus of this volume. In an ideal world, the market would be the optimal provider of coordination, but in the real world of incomplete information, some activities are better coordinated in other ways. Divided into three parts, this book addresses coordination within firms, at the borders of firms, and outside firms, providing a picture of the overall incidence and logic of economic coordination. The case studies—drawn from the late nineteenth and early twentieth century, when the modern business enterprise was evolving, address such issues as the relationship between coordination mechanisms and production techniques, the logic of coordination in industrial districts, and the consequences of regulation for coordination. Continuing the work on information and organization presented in the influential Inside the Business Enterprise, this book provides material for business historians and economists who want to study the development of the dissemination of information and the coordination of economic activity within and between firms. Full Product DetailsAuthor: Naomi R. Lamoreaux , Daniel M. G. RaffPublisher: The University of Chicago Press Imprint: University of Chicago Press Edition: 2nd ed. Dimensions: Width: 1.60cm , Height: 0.30cm , Length: 2.40cm Weight: 0.652kg ISBN: 9780226468204ISBN 10: 0226468208 Pages: 345 Publication Date: 01 April 1995 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Out of stock  The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsIntroduction: History and Theory in Search of One Another Naomi R. Lamoreaux, Daniel M. G. Raff. 1: The Puzzling Profusion of Compensation Systems in the Interwar Automobile Industry Daniel M. G. Raff Comment Walter Licht 2: Industrial Engineering and the Industrial Enterprise, 1890-1940 Daniel Nelson Comment Michael J. Piore 3: The Coordination of Business Organization and Technological Innovation within the Firm: A Case Study of the Thomson-Houston Electric Company in the 1880s W. Bernard Carlson Comment John Sutton 4: Organization and Coordination in Geographically Concentrated Industries Michael J. Enright Comment Kenneth L. Sokoloff 5: The Boundaries of the U.S. Firm in R&D David C. Mowery Comment Joel Mokyr 6: Legal Restraints on Economic Coordination: Antitrust in Great Britain and America, 1880-1920 Tony Freyer Comment Victor P. Goldberg 7: The Evolution of Interregional Mortgage Lending Channels, 1870-1940: The Life Insurance-Mortgage Company Connection Kenneth A. Snowden Comment Timothy W. Guinnane 8: The Costs of Rejecting Universal Banking: American Finance in the German Mirror, 1870-1914 Charles W. Calomiris Comment Peter Temin Contributors Name Index Subject IndexReviewsAuthor InformationNaomi R. Lamoreaux is the Stanley B. Resor Professor of Economics and History at Yale University and a research associate of the NBER. Tab Content 6Author Website:Countries AvailableAll regions |
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