Foundations of Organisational Economics

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Publisher : Routledge
ISBN 13 : 9781003128472
Total Pages : 186 pages
Book Rating : 4.1/5 (284 download)

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Book Synopsis Foundations of Organisational Economics by : Paul Walker

Download or read book Foundations of Organisational Economics written by Paul Walker and published by Routledge. This book was released on 2021 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Foundations of Organisational Economics: Histories and Theories of the Firm and Production delves into a range of key topics to do with the history of the mainstream approach to the theory of production and the theory of the firm. This includes the frameworks used to analyse production, the division of labour and its application to the firm and the development of the neoclassical model of production. The first topic explored in the work is the change from a normative approach to a largely positive approach to the analysis of the theory of production, which occurred around the 17th century. The next topic is an examination of the relationship (or the lack of a relationship) between the division of labour and the theory of the firm. In the fourth chapter, the work goes on to focus on the development of the proto-neoclassical approach to production. Here, the development of the theories of monopoly, oligopoly and perfect competition are discussed as well as the theory of input utilisation. Chapter five looks at Marshall's idea of the representative firm, which was the main early neoclassical approach to the theory of industry-level production. The penultimate chapter considers the criticisms made of the neoclassical model between 1940 and 1970. This work is an illuminating reference for students and researchers of the history of economic thought, industrial organization, microeconomic theory, and organizational studies. Paul Walker is an Economist based in Christchurch, New Zealand. He received his PhD in Economics from the University of Canterbury, Christchurch, New Zealand. His research is mainly to do with the history of economic thought and the theory of the firm. He is author of "The Theory of the Firm: An Overview of the economic mainstream" and "A Brief Prehistory of the Theory of the Firm", both published by Routledge"--

Foundations of Organisational Economics

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000358844
Total Pages : 197 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Foundations of Organisational Economics by : Paul Walker

Download or read book Foundations of Organisational Economics written by Paul Walker and published by Taylor & Francis. This book was released on 2021-03-28 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Organisational Economics: Histories and Theories of the Firm and Production delves into a range of key topics to do with the history of the mainstream approach to the theory of production and the theory of the firm. This includes the frameworks used to analyse production, the division of labour and its application to the firm and the development of the neoclassical model of production. The first topic explored is the change from a normative approach to a largely positive approach to the analysis of the theory of production, which occurred around the seventeenth century. The next topic is an examination of the relationship (or the lack of a relationship) between the division of labour and the theory of the firm. In the fourth chapter, the focus is on the development of the proto-neoclassical approach to production. Here, the development of the theories of monopoly, oligopoly and perfect competition are discussed, as well as the theory of input utilisation. Chapter 5 looks at Marshall’s idea of the representative firm, which was the main early neoclassical approach to the theory of industry-level production. The penultimate chapter considers the criticisms made of the neoclassical model between 1940 and 1970. This work is an illuminating reference for students and researchers of the history of economic thought, industrial organisation, microeconomic theory and organisational studies.

The Handbook of Organizational Economics

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691132798
Total Pages : 1248 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Handbook of Organizational Economics by : Robert S. Gibbons

Download or read book The Handbook of Organizational Economics written by Robert S. Gibbons and published by Princeton University Press. This book was released on 2013 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt: (E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.

Economic Foundations of Strategy

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Publisher : SAGE
ISBN 13 : 1412905435
Total Pages : 273 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis Economic Foundations of Strategy by : Joseph T. Mahoney

Download or read book Economic Foundations of Strategy written by Joseph T. Mahoney and published by SAGE. This book was released on 2005 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how organisations operate efficiently, cost minimization, wealth creation, individual self-interest, and continued growth.

Foundations of Organizational Strategy

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Publisher : Harvard University Press
ISBN 13 : 0674005643
Total Pages : 428 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Foundations of Organizational Strategy by : Michael C. Jensen

Download or read book Foundations of Organizational Strategy written by Michael C. Jensen and published by Harvard University Press. This book was released on 2001-03-02 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting the foundations of an integrated theory of organizations, Jensen argues that the cost of transferring information necessitates decentralization of some decision rights in organizations and economies. This in turn requires organizations to solve the control problem that results when self-interested persons do not behave as perfect agents.

The Foundations of Institutional Economics

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Publisher : Routledge
ISBN 13 : 1136804374
Total Pages : 300 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis The Foundations of Institutional Economics by : K. William Kapp

Download or read book The Foundations of Institutional Economics written by K. William Kapp and published by Routledge. This book was released on 2012-05-23 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for economic development, capital formation and technological dynamics in an easily accessible and comprehensive manner. As a front-rank 20th century institutional economist, Kapp pulls together arguments from a variety of sources, including Thorstein Veblen, John Kenneth Galbraith and Gunnar Myrdal, all of which emphasize the crucial role of institutions. The author cements institutional economics as a distinct and coherent framework of analysis to effectively address urgent socio-economic problems, such as environmental disruption and sustainable development. This book begins with a critique of conventional (neoclassical) economics and an overview of the antecedents of institutional economics. The core of the book is formed by the chapters on institutions, human economic behavior and needs, arguing that institutional change is key to directing economic development towards sustainable and adequate living conditions, rather than merely formal growth formulas. The final chapters provide the reader with the institutional theories of capital and technology, showing how capital formation and technological dynamics are determined by institutions, such as the principle of investment for profit. The appendix complements Kapp’s plea for institutional change with articles on science and technology, social costs, substantive economics, and circular and cumulative causation. This book is suited for readers at all levels who are interested in institutional economics, the history of economics thought, political economics as well as ecological and heterodox economics. Researchers and students will find it to be an easily accessible and a concise elaboration on the foundations of institutional economics.

Advanced Microeconomics for Contract, Institutional, and Organizational Economics

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Publisher : MIT Press
ISBN 13 : 0262046873
Total Pages : 417 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Advanced Microeconomics for Contract, Institutional, and Organizational Economics by : W. Bentley MacLeod

Download or read book Advanced Microeconomics for Contract, Institutional, and Organizational Economics written by W. Bentley MacLeod and published by MIT Press. This book was released on 2022-04-05 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A graduate textbook on microeconomics, covering decision theory, game theory, and the foundations of contract theory, with a unique focus on the empirical. This graduate-level text on microeconomics, covering such topics as decision theory, game theory, bargaining theory, contract theory, trade under asymmetric information, and relational contract theory, is unique in its emphasis on the interplay between theory and evidence. It reviews the microeconomic theory of exchange “from the ground up,” aiming to produce a set of models and hypotheses amenable to empirical exploration, with particular focus on models that are useful for the study of contracts, institutions, and organizations. It explores research that extends price theory to the exchange of commodities when markets are incomplete, discussing recent developments in the field. Topics covered include the relationship between theory and evidence; decision theory as it is used in contract theory and institutional design; game theory; axiomatic and strategic bargaining theory; agency theory and the class of models that are considered to constitute contract theory, with discussions of moral hazard and trade with asymmetric information; and the theory of relational contracts. The final chapter offers a nontechnical review that provides a guide to which model is the most appropriate for a particular application. End-of-chapter exercises help students expand their understanding of the material, and an appendix provides brief introduction to optimization theory and the welfare theorem of general equilibrium theory. Students are assumed to be familiar with general equilibrium theory and basic constrained optimization theory.

Economic Foundations of Law and Organization

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Publisher : Cambridge University Press
ISBN 13 : 0521859174
Total Pages : 379 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis Economic Foundations of Law and Organization by : Donald Wittman

Download or read book Economic Foundations of Law and Organization written by Donald Wittman and published by Cambridge University Press. This book was released on 2006-06-26 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves as a compact introduction to the economic analysis of law and organization. At the same time it covers a broad spectrum of issues. It is aimed at undergraduate economics students who are interested in law and organization, law students who want to know the economic basis for the law, and students in business and public policy schools who want to understand the economic approach to law and organization. The book covers such diverse topics as bankruptcy rules, corporate law, sports rules, the organization of Congress, federalism, intellectual property, crime, accident law, and insurance. Unlike other texts on the economic analysis of law, this text is not organized by legal categories but by economic theory. The purpose of the book is to develop economic intuition and theory to a sufficient degree so that one can apply the ideas to a variety of areas in law and organization.

Managerial Economics

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Publisher :
ISBN 13 : 9781266257797
Total Pages : 0 pages
Book Rating : 4.2/5 (577 download)

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Book Synopsis Managerial Economics by : Christopher R. Thomas

Download or read book Managerial Economics written by Christopher R. Thomas and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The growing influence of microeconomics and industrial organization economics in every field of business analysis has transformed the role of managerial economics in business school curricula. Economists have understood for some time that every modern course in business strategy and organizational architecture must draw from key areas of advancement in microeconomics and industrial organization. While many business schools have been quick to adopt "strategy" as a fundamental theme in their curricula, this new emphasis on strategy too often falls on the shoulders of a single, one-semester course in business strategy. In a single course, it is extremely difficult, if not impossible, to teach business students managerial economics and cover all of the valuable topics in business strategy and organization. In any case, a thorough foundation in managerial economics is required in order to understand how to use the many new and important developments in microeconomics and industrial organization. The objective of Managerial Economics, then, is to teach and apply the foundation topics in microeconomics and industrial organization essential for making both the day-to-day business decisions that maximize profit as well as the strategic decisions designed to create and protect profit in the long run. In so doing, we believe Managerial Economics helps business students become architects of business tactics and strategy instead of middle managers who plod along the beaten path of others"--

The Economics of Values, Ideals and Organizations

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Publisher : Routledge
ISBN 13 : 1000393607
Total Pages : 115 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Economics of Values, Ideals and Organizations by : Luigino Bruni

Download or read book The Economics of Values, Ideals and Organizations written by Luigino Bruni and published by Routledge. This book was released on 2021-03-18 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Values-based organizations are institutions, communities and non-governmental organizations (NGOs) which are inspired by a mission or a vocation – for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations. The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in relationships and the role of incentives, especially in relation to loyalty. Turning to values-based organizations more specifically, the book explores the motivations of their members, how they retain their most motivated people, what happens when the ideals of the organization are perceived to have deteriorated, and the decisions made by those in charge, who focus on efficiency, oblivious to values and identities. The second part of the book explores the narrative dimensions of values-based organizations. "Narrative capital" is a precious resource in many of these organizations, particularly through periods of crisis and change. But problems can also be caused if the second and later generations after the foundations continue to use the original narrative without enough innovation. Finally, the book discusses the gaps – the surpluses and misalignments – between people, their ideals and the organizations and how these can be managed. The book is written for academics, students and others interested in the role of values and ideals in organizations – economists, sociologist, business scholars, theologians and philosophers.

The Labor-Managed Firm

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Publisher : Cambridge University Press
ISBN 13 : 1107132975
Total Pages : 431 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis The Labor-Managed Firm by : Gregory K. Dow

Download or read book The Labor-Managed Firm written by Gregory K. Dow and published by Cambridge University Press. This book was released on 2018-04-05 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.

Organization Change

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Publisher : SAGE Publications
ISBN 13 : 1506378765
Total Pages : 453 pages
Book Rating : 4.5/5 (63 download)

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Book Synopsis Organization Change by : W. Warner Burke

Download or read book Organization Change written by W. Warner Burke and published by SAGE Publications. This book was released on 2017-03-16 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Change is a constant in today's organizations. Leaders, managers, and employees at all levels must understand both how to implement planned changed and effectively handle unexpected change. The Fifth Edition of the Organization Change: Theory and Practice provides an eye-opening exploration into the nature of change by presenting the latest evidence-based research to discuss a range of theories, models, and perspectives on organization change. Bestselling author, W. Warner Burke, skillfully connects theory to practice with modern cases of effective and ineffective organization change, recent examples of transformational leadership and planned and revolutionary change, and best practices to successfully influence change. This fully-updated new edition also includes a new chapter on healthcare and government organizations, offering practical applications for non-profit organizations.

Relational Economics

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Publisher : Springer Nature
ISBN 13 : 3030451127
Total Pages : 169 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Relational Economics by : Josef Wieland

Download or read book Relational Economics written by Josef Wieland and published by Springer Nature. This book was released on 2020-05-27 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the research agenda of relational economics as a political economy for the governance of local and global economic transactions in modern societies. It analyses the mechanisms of global value creation and production networks by studying cooperation in intra- and inter-firm networks, intersectoral stakeholder management, and transcultural leadership. The author develops a categorical taxonomy for private and public value creation based on the effective and efficient interlinking of, and interaction between, a range of resources and abilities. In contrast to mainstream economics, which largely focuses on the laws of discrete and dyadic exchange transactions, this book assesses the polyvalent characteristics of relational transactions. The chief categories involved in an economic theory of the relations between events are the relational transactions and their various forms of governance; the polycontextual cooperation between economic, political and civil society agents; and the factor incomes and relational rents that relational transactions produce. Today, relational transactions are the rule, not the exception, in modern economies and their global value creation networks. Given its scope and focus, this book will appeal to scholars of economics, economic sociology, organisational studies and related fields.

Foundations of Economics

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Publisher : Routledge
ISBN 13 : 1134682603
Total Pages : 426 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Foundations of Economics by : Yanis Varoufakis

Download or read book Foundations of Economics written by Yanis Varoufakis and published by Routledge. This book was released on 2002-01-08 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well. The book covers all the main economic concepts and addresses in detail three main areas: * consumption and choice * production and markets * government and the State. Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

Foundations of Organizational Strategy

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Publisher :
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Foundations of Organizational Strategy by : Michael C. Jensen

Download or read book Foundations of Organizational Strategy written by Michael C. Jensen and published by . This book was released on 1998-11-30 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting the foundations of an integrated theory of organizations, Jensen argues that the cost of transferring information necessitates decentralization of some decision rights in organizations and economies. This in turn requires organizations to solve the control problem that results when self-interested persons do not behave as perfect agents.

Social and Business Enterprises

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Publisher : Allen & Unwin Australia
ISBN 13 : 9780043380796
Total Pages : 214 pages
Book Rating : 4.3/5 (87 download)

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Book Synopsis Social and Business Enterprises by : Jonathan Boswell

Download or read book Social and Business Enterprises written by Jonathan Boswell and published by Allen & Unwin Australia. This book was released on 1976-01-01 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Exchange and Social Organization

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Publisher : Springer Science & Business Media
ISBN 13 : 146131285X
Total Pages : 319 pages
Book Rating : 4.4/5 (613 download)

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Book Synopsis Economic Exchange and Social Organization by : Robert P. Gilles

Download or read book Economic Exchange and Social Organization written by Robert P. Gilles and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to develop an institutional approach to general economic equi librium. Thus far, institutional economics has essentially been confined to purely verbal discourse. Here I argue the case that general equilibrium theory forms a well rounded basis for the development of an institutional economic the ory. The fundamental economic trade mechanism underlying this refocusing is that of the Edgeworthian barter mechanism modelled through the equilibrium notion of the core of an economy. There is an extensive literature that links the core with the Walrasian price mechanism, which is explored in this book. Next I develop an alternative model of explicitly nonsovereign trade in the setting of an institutionally structured economy. In this book the core and several of its extensions are considered to be descriptions of the equilibrium allocations resulting from institutionalized barter processes, thereby providing a basis of an institutionally based economic theory. Traditionally finite economies have been assessed as the most natural represen tations of real life economies, in particular of market economies. Many funda mental insights have been developed. In the first half of the book I summarize the most influential and important results in the literature on finite economies regarding the relationship of the Walrasian model of a perfectly competitive market system and the Edgeworthian theory of individually based, pure barter processes. I use the axiomatic method as the main methodological framework according to which I construct my models.