|
|
|||
|
||||
OverviewThe Theory of the Firm presents a path-breaking general framework for understanding the economics of the firm. The book addresses why firms exist, how firms are established, and what contributions firms make to the economy. The book presents a new theoretical analysis of the foundations of microeconomics that makes institutions endogenous. Entrepreneurs play a central economic role by establishing firms. In turn, firms create and operate markets and organizations. The book provides innovative models of economic equilibrium that endogenously determine the structure and function of economic institutions. The book proposes an intermediation hypothesis the establishment of firms depends on the effects of transaction costs and on the extent of the market. Full Product DetailsAuthor: Daniel F Spulber (Northwestern University, Illinois)Publisher: Cambridge University Press Imprint: Cambridge University Press ISBN: 9781282390898ISBN 10: 1282390899 Pages: 529 Publication Date: 01 January 2009 Audience: General/trade , General Format: Undefined Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |