The Theory of the Firm: Microeconomics with Endogenous Entrepreneurs, Firms, Markets, and Organizati (BOK)

Daniel F. Spulber

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The 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.

Produktfakta

Språk Engelsk Engelsk Innbinding Heftet
Utgitt 2009 Forfatter Daniel F. Spulber
Forlag
CAMBRIDGE UNIVERSITY PRESS
ISBN 9780521736602
Antall sider 544 Dimensjoner 15,2cm x 22,8cm x 2,6cm
Vekt 960 gram Leverandør Bertram Trading Ltd
Emner og form Economic theory & philosophy, Microeconomics

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