The Impact of Incomplete Contracts on Economics

Download The Impact of Incomplete Contracts on Economics PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0190259019
Total Pages : 224 pages
Book Rating : 4.1/5 (92 download)

DOWNLOAD NOW!


Book Synopsis The Impact of Incomplete Contracts on Economics by : Philippe Aghion

Download or read book The Impact of Incomplete Contracts on Economics written by Philippe Aghion and published by Oxford University Press. This book was released on 2015-12-22 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. The Impact of Incomplete Contracts on Economics collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.

Firms' Objectives and Internal Organisation in a Global Economy

Download Firms' Objectives and Internal Organisation in a Global Economy PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 0230274331
Total Pages : 212 pages
Book Rating : 4.2/5 (32 download)

DOWNLOAD NOW!


Book Synopsis Firms' Objectives and Internal Organisation in a Global Economy by : L. Lambertini

Download or read book Firms' Objectives and Internal Organisation in a Global Economy written by L. Lambertini and published by Springer. This book was released on 2009-10-09 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The interplay between firms' internal organization and market behaviour is a long standing issue in industrial economics. This book examines firms' objectives in the comparatively new perspective shaped by globalization. The positive and normative aspects of theoretical analysis are developed and richly complemented by empirical studies.

Firms, Contracts, and Financial Structure

Download Firms, Contracts, and Financial Structure PDF Online Free

Author :
Publisher : Clarendon Press
ISBN 13 : 019160688X
Total Pages : 240 pages
Book Rating : 4.1/5 (916 download)

DOWNLOAD NOW!


Book Synopsis Firms, Contracts, and Financial Structure by : Oliver Hart

Download or read book Firms, Contracts, and Financial Structure written by Oliver Hart and published by Clarendon Press. This book was released on 1995-10-05 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write incomplete contracts and where the allocation of power or control is therefore important. Power and control are not standard concepts in economic theory. The book begins by pointing out that traditional approaches cannot explain on the one hand why all transactions do not take place in one huge firm and on the other hand why firms matter at all. An incomplete contracting or property rights approach is then developed. It is argued that this approach can throw light on the boundaries of firms and on the meaning of asset ownership. In the remainder of the book, incomplete contacting ideas are applied to understand firms' financial decisions, in particular, the nature of debt and equity (why equity has votes and creditors have foreclosure rights); the capital structure decisions of public companies; optimal bankruptcy procedure; and the allocation of voting rights across a company's shares. The book is written in a fairly non-technical style and includes many examples. It is aimed at advanced undergraduate and graduate students, academic and business economists, and lawyers as well as those with an interest in corporate finance, privatization and regulation, and transitional issues in Eastern Europe, the former Soviet Union, and China. Little background knowledge is required, since the concepts are developed as the book progresses and the existing literature is fully reviewed.

Corporate Governance of Non-Listed Companies in Emerging Markets

Download Corporate Governance of Non-Listed Companies in Emerging Markets PDF Online Free

Author :
Publisher : OECD Publishing
ISBN 13 : 9264035745
Total Pages : 268 pages
Book Rating : 4.2/5 (64 download)

DOWNLOAD NOW!


Book Synopsis Corporate Governance of Non-Listed Companies in Emerging Markets by : OECD

Download or read book Corporate Governance of Non-Listed Companies in Emerging Markets written by OECD and published by OECD Publishing. This book was released on 2006-01-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides policy makers, board members, managers, equity providers, creditors and other stakeholders an overview of the issues to be addressed in establishing good corporate governance of non-listed companies.

Personnel Economics

Download Personnel Economics PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262121880
Total Pages : 196 pages
Book Rating : 4.1/5 (218 download)

DOWNLOAD NOW!


Book Synopsis Personnel Economics by : Edward P. Lazear

Download or read book Personnel Economics written by Edward P. Lazear and published by MIT Press. This book was released on 1995 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides an introduction to personnel economics, showing how economists can make specific predictions and prescriptions for personnel issues that arise in business on a daily basis. The author focuses on compensation and its relation to worker motivation, selection and teamwork.

The New Palgrave Dictionary of Economics and the Law

Download The New Palgrave Dictionary of Economics and the Law PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1349741736
Total Pages : 696 pages
Book Rating : 4.3/5 (497 download)

DOWNLOAD NOW!


Book Synopsis The New Palgrave Dictionary of Economics and the Law by : NA NA

Download or read book The New Palgrave Dictionary of Economics and the Law written by NA NA and published by Springer. This book was released on 2016-04-30 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: A great deal of economics is about law - the functioning of markets, property rights and their enforcement, financial obligations, and so forth - yet these legal aspects are almost never addressed in the academic study of economics. Conversely, the study and practice of law entails a significant understanding of economics, yet the drafting and administration of laws often ignore economic principle. The New Palgrave Dictionary of Economics and the Law is uniquely placed by the quality, breadth and depth of its coverage to address this need for building bridges. Drawn from the ranks of academics, professional lawyers, and economists in eight countries, the 340 contributors include world experts in their fields. Among them are Nobel laureates in economics and eminent legal scholars. First published in 1998 and now available in paperback for the first time, The New Palgrave Dictionary of Economics and the Law has established itself as a classic reference work in this important field.

Post-Keynesian Theories of the Firm

Download Post-Keynesian Theories of the Firm PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 1000875636
Total Pages : 427 pages
Book Rating : 4.0/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Post-Keynesian Theories of the Firm by : Nobantu L. Mbeki

Download or read book Post-Keynesian Theories of the Firm written by Nobantu L. Mbeki and published by Taylor & Francis. This book was released on 2023-04-07 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.

The Art of Structuring

Download The Art of Structuring PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3030062341
Total Pages : 535 pages
Book Rating : 4.0/5 (3 download)

DOWNLOAD NOW!


Book Synopsis The Art of Structuring by : Katrin Bergener

Download or read book The Art of Structuring written by Katrin Bergener and published by Springer. This book was released on 2019-01-25 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structuring, or, as it is referred to in the title of this book, the art of structuring, is one of the core elements in the discipline of Information Systems. While the world is becoming increasingly complex, and a growing number of disciplines are evolving to help make it a better place, structure is what is needed in order to understand and combine the various perspectives and approaches involved. Structure is the essential component that allows us to bridge the gaps between these different worlds, and offers a medium for communication and exchange. The contributions in this book build these bridges, which are vital in order to communicate between different worlds of thought and methodology – be it between Information Systems (IS) research and practice, or between IS research and other research disciplines. They describe how structuring can be and should be done so as to foster communication and collaboration. The topics covered reflect various layers of structure that can serve as bridges: models, processes, data, organizations, and technologies. In turn, these aspects are complemented by visionary outlooks on how structure influences the field.

Industrial Organization

Download Industrial Organization PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351653539
Total Pages : 724 pages
Book Rating : 4.3/5 (516 download)

DOWNLOAD NOW!


Book Synopsis Industrial Organization by : Don E. Waldman

Download or read book Industrial Organization written by Don E. Waldman and published by Routledge. This book was released on 2019-03-04 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial Organization: Theory and Practice blends a rigorous theoretical introduction to industrial organization with empirical data, real-world applications and case studies. The book also supports students with a range of problems and exercises, and definitions of key terms and concepts. This balanced approach, which enables students to apply theoretical tools, has earned this book its ranking as one of the leading undergraduate texts in its field. For the fifth edition, relevant data, tables, empirical examples and case studies have been updated to reflect current trends and topics, in the most complete reorganization since the second edition. Further changes include: all public policy topics have been placed in the last section, making it simpler to use for courses that emphasize theory or public policy; an entirely new chapter on international trade and industrial organization; a new chapter on mergers; a separate section on antitrust; a companion website with PowerPoint slides and other supplements. This comprehensive book bridges the gap between economic theory and real-world case studies in an accessible, logical manner, making it the ideal undergraduate text for courses on industrial organization.

The Theory of the Firm

Download The Theory of the Firm PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 1317277031
Total Pages : 223 pages
Book Rating : 4.3/5 (172 download)

DOWNLOAD NOW!


Book Synopsis The Theory of the Firm by : Paul Walker

Download or read book The Theory of the Firm written by Paul Walker and published by Taylor & Francis. This book was released on 2016-09-13 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms are a ubiquitous feature of the economic landscape, with much of the activity undertaken within an economy taking place within their boundaries. Given the size of the contribution made by firms to economic activity, employment and growth, having a theoretical understanding of the nature and structure of firms is crucial for understanding how an economy functions. The Theory of the Firm firstly offers a brief overview of the past, consisting of a concise discussion of the classical view of production, followed by an outline of the development of the neoclassical - or ‘textbook’ - approach to firm level production. Secondly, the ‘present’ of the theory of the firm is discussed in three sections. The first section considers the post-1970 theory of the firm literature per se, while the second section scrutinises the relationship between the three most prominent of the modern sets of theories: the reference point, property rights and transaction cost approaches. The third section looks at the theory of privatisation. The unique aspects of this book includes its discussions of the post-1970 contributions to the theory of the firm; the integration of the theory of the entrepreneur with the theory of the firm; and the theory of privatisation. This volume offers an intuitive introduction to the theories of the firm as well as simple formal models of the most important contributions to the literature. It also outlines the historical evolution of the traditional and modern theories of the firm. This book is of great interest to those who study history of economic thought, industrial economics and organizational studies.

The Handbook of Organizational Economics

Download The Handbook of Organizational Economics PDF Online Free

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

DOWNLOAD NOW!


Book Synopsis The Handbook of Organizational Economics by : Robert Gibbons

Download or read book The Handbook of Organizational Economics written by Robert 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.

Contracting with Companies

Download Contracting with Companies PDF Online Free

Author :
Publisher : Bloomsbury Publishing
ISBN 13 : 1847312225
Total Pages : 356 pages
Book Rating : 4.8/5 (473 download)

DOWNLOAD NOW!


Book Synopsis Contracting with Companies by : Andrew Griffiths

Download or read book Contracting with Companies written by Andrew Griffiths and published by Bloomsbury Publishing. This book was released on 2005-05-23 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book surveys the main rules of Company Law governing the making of contracts with companies. It adopts an economic perspective, examining these rules in terms of the risks they apportion between companies and parties contracting with them. It reviews the use that has been made of economics in the analysis of Company Law and considers what guidance this can provide in analysing corporate contracting. The book then examines the relevant law and the issues raised by this law, covering the role of corporate constitutions as the source of the authority of corporate agents, the mechanisms of corporate activity and decision-making, the identification of corporate contracting parties, pre-incorporation contracts and other contracts with non-existent companies, the contractual power of a company's board, the protection of parties dealing with subordinate corporate agents and the regulation of contracts in which a director has a conflict of interest.

Towards a Competence Theory of the Firm

Download Towards a Competence Theory of the Firm PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1317798775
Total Pages : 216 pages
Book Rating : 4.3/5 (177 download)

DOWNLOAD NOW!


Book Synopsis Towards a Competence Theory of the Firm by : Nicolai J. Foss

Download or read book Towards a Competence Theory of the Firm written by Nicolai J. Foss and published by Routledge. This book was released on 2013-12-02 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a new theory of the firm produced through an exchange between management theory and economics. In the process economics is seen to provide a foundational element for strategy research whilst developing a more realistic theory of the firm with a greater emphasis on its internal features. The success of competence theories of the firm also reflects their ability to explain significant trends in the business world, notably the declining importance of conglomerates and critical features in the success of Asian and Japanese business.

Economics of the Firm

Download Economics of the Firm PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1134158300
Total Pages : 292 pages
Book Rating : 4.1/5 (341 download)

DOWNLOAD NOW!


Book Synopsis Economics of the Firm by : Michael Dietrich

Download or read book Economics of the Firm written by Michael Dietrich and published by Routledge. This book was released on 2006-11-22 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together some of the world's leading experts to present an interdisciplinary, critical perspective on current issues surrounding the economics of the firms. It eschews standard approaches to the economics of the firm (including analysis of transaction costs) in favour of a more interdisciplinary outlook, with evolutionary economics taken into account. Central to this is the concept of trust and the belief that any approach to the firm must recognize cultural and political factors. The chapters emphasize the themes of change and evolution and explore issues arising from the history and organization of firms. An important book, with contributions from Bart Nooteboom, Stavros Ioannides and Werner Holzl, this is an invaluable resource for postgraduate students of economics.

Organization and Economic Behavior

Download Organization and Economic Behavior PDF Online Free

Author :
Publisher : Psychology Press
ISBN 13 : 9780415164085
Total Pages : 484 pages
Book Rating : 4.1/5 (64 download)

DOWNLOAD NOW!


Book Synopsis Organization and Economic Behavior by : Anna Grandori

Download or read book Organization and Economic Behavior written by Anna Grandori and published by Psychology Press. This book was released on 2001 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents all the basic elements of organizational theory and behaviour. Different approaches are analysed, with a strong focus on intergrating sociological, psychological and economic contributors to the subject.

Indicators of milk and beef quality

Download Indicators of milk and beef quality PDF Online Free

Author :
Publisher : BRILL
ISBN 13 : 9086865372
Total Pages : 464 pages
Book Rating : 4.0/5 (868 download)

DOWNLOAD NOW!


Book Synopsis Indicators of milk and beef quality by : J.F. Hocquette

Download or read book Indicators of milk and beef quality written by J.F. Hocquette and published by BRILL. This book was released on 2023-08-28 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The farming and agri-food sectors are faced with an increasing demand by consumers for high-quality products. The current major questions are thus how to define quality, and how to increase the quality of animal products to satisfy these new requirements. This is the reason why the Cattle Commission of the European Association of Animal Production (EAAP) organised a specific session on this topic at its Annual Meeting which was held in Bled (Slovenia) in September 2004. This session dealt with the manipulation and evaluation of bovine milk and meat composition and quality with various indicators (commercial, physical, biochemical, molecular or other). These indicators are any method, biological trait, or physical property which may be useful to predict a quality trait. Quality includes sensory traits, nutritional properties of products, their ability to be processed and also any consideration about traceability (genetic, geographic or nutritional traceability). Thus, the full spectrum of quality attributes are discussed. Indicators may also be considered as predictors. In this respect, contributors discussed the detection early in life of the ability of animals to produce meat or milk of high quality. Indicators may also be useful for consumers when they buy meat or milk as official or commercial signs of quality. All the review papers and the short communications which were presented in this session will be in this EAAP publication entitled ""Indicators of milk and beef quality"". Additional papers either presented in 2003 in the EAAP Annual Meeting or from invited authors were added to complete the publication."

The Nature of the Firm

Download The Nature of the Firm PDF Online Free

Author :
Publisher : Oxford University Press, USA
ISBN 13 : 9780195083569
Total Pages : 260 pages
Book Rating : 4.0/5 (835 download)

DOWNLOAD NOW!


Book Synopsis The Nature of the Firm by : Oliver E. Williamson

Download or read book The Nature of the Firm written by Oliver E. Williamson and published by Oxford University Press, USA. This book was released on 1993 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.