Firms, Organizations and Contracts: A Reader in Industrial Organization / Edition 1

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The operations of the firm lie at the heart of studying business and business economics. This volume—the first in the new Oxford Management Readers Series—brings together the classic articles analyzing the role of firms and the relations between them, focusing particularly on the increasingly widespread idea that a firm is based on a set of internal and external contracts. The book will be an invaluable tool for teachers and students of business, economics, and management. The editors' Introduction provides an accessible overview, and Nobel prizewinner Ronald Coase contributes a foreword.

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Product Details

  • ISBN-13: 9780198774365
  • Publisher: Oxford University Press, USA
  • Publication date: 9/28/1996
  • Series: Oxford Management Readers Series
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 496
  • Lexile: 1530L (what's this?)
  • Product dimensions: 9.19 (w) x 6.13 (h) x 1.03 (d)

Meet the Author

University of Leeds

Judge Institute of Management Studies, Cambridge

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Table of Contents

Foreword, Coase
Introduction and Overview
I: Theory of the Firm
The Equilibrium of the Firm, Kaldor
The Nature of the Firm, Coase
The Organization of Industry, Richardson
Production, Information, and Economic Organization, Alchain and Demsetz
The Theory of the Firm: Managerial Behaviour, Agency Costs, and Ownership Structure, Jensen and Meckling
An Economist's Perspective on the Theory of the Firm, Hart
II: Markets and Industrial Organization
Transaction Cost Economies, Williamson
Corporate Culture and Economic Theory, Kreps
Co-operative Agreements and the Organization of Industry, Mariti and Smiley
Interpenetration of Firm and Market, Imai and Itami
Vertical Quasi-Integration, Blois
Non-Contractual Relations in Business: A Preliminary Study, Macaulay
Goodwill and the Spirit of Market Capitalism, Dore
III: Joint Ventures, Networks, Clans, and Alliances
Joint Ventures and Interorganizational Dependence, Pfeffer and Nowak
A Theory of Co-operation in International Business, Buckley and Casson
Organizations: New Concepts for New Forms, Miles and Snow
Markets, Bureaucracies, and Clans, Ouchi
Economic Theories of the Firm: Past, Present, and Future, Milgrom and Roberts

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