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Author : Oliver E. Williamson
Publisher :
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.E/5 ( download)
Download or read book MARKETS AND HIERARCHIES written by Oliver E. Williamson and published by . This book was released on 1983 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Oliver E. Williamson
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Markets and Hierarchies written by Oliver E. Williamson and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes organization of economic activity within and between markets and hierarchies. It considers the transaction to be the ultimate unit of microeconomic analysis, and defines hierarchical transactions as ones for which a single administrative entity spans both sides of the transaction, some form of subordination prevails and, typically, consolidated ownership obtains. Discusses the advantages of the transactional approach by examining three issues: price discrimination, insurance, and vertical integration. Develops the concept of the organizational failure framework, and demonstrates why it is always the combination of human with environmental factors, not either taken by itself, that causes transactional problems. The study also describes each of the transactional relations of interest, and presents the advantages of internal organization with respect to the transactional condition. The analysis explains why primary work groups of the peer group and simple hierarchy types arise. The same transactional factor which impede autonomous contracting between individuals also impede market exchange between technologically separable work groups. Peer groups can be understood as an internal organizational response to the frictions of intermediate product markets, while conglomerate organization can be seen as a response to failures in the capital market. In both contexts, the same human factors, such as bounded rationality and opportunism, occur. Examines the reasons for and properties of the employment relation, which is commonly associated with voluntary subordination. The analysis attempts better to assess the employment relation in circumstances where workers acquire, during the course of the employment, significant job-specific skills and knowledge. The study compares alternative labor-contracting modes and demonstrates that collective organization is helpful in enhancing the acquisition of idiosyncratic knowledge and skills by the work force. The study then examines more complex structures -- the movement from simple hierarchies to the vertical integration of firms, then multidivisional structures, conglomerates, monopolies and oligopolies. Discusses the market structure in relation to technical and organizational innovation. The study proposes a systems approach to the innovation process. Its purpose is to permit the realization of the distinctive advantages of both small and large firms which apply at different stages of the innovation process. The analysis also examines the relation of organizational innovation to technological innovation. (AT).
Author : Oliver E. Williamson
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (74 download)
Download or read book Markets and Hierarchies Analysis and Antitrust Implications written by Oliver E. Williamson and published by . This book was released on 1975 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Grahame Thompson
Publisher : SAGE
ISBN 13 : 9780803985902
Total Pages : 316 pages
Book Rating : 4.9/5 (859 download)
Download or read book Markets, Hierarchies and Networks written by Grahame Thompson and published by SAGE. This book was released on 1991-12-30 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary reader provides a distinctive introduction to the way social, political and economic life is coordinated. It brings together three quite different models of coordination - markets, hierarchies and networks - and places them into a comparative framework, presenting a comprehensive and insightful overview of social coordination. The articles dealing with each model explore the characteristics of that coordinating mechanism, outlining key theoretical issues and drawing on various empirical examples. The final section shows how these models can be compared and contrasted. It also assesses the respective strengths, weaknesses and limitations of each model. Markets, Hierarchies and Networks is a set
Author : Grahame Thompson
Publisher : Oxford University Press, USA
ISBN 13 : 9780198775270
Total Pages : 294 pages
Book Rating : 4.7/5 (752 download)
Download or read book Between Hierarchies and Markets written by Grahame Thompson and published by Oxford University Press, USA. This book was released on 2003 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book conducts a survey into the ways in which the word 'network' has been deployed in a wide range of literature. In particular, it offers a commentary on how the idea of networks has been to illustrate contemporary forms of socio-economic organization (as well the idea of a 'network society' or a 'network state', for instance), broadly conceived to also include the political aspects of networks."--BOOK JACKET. Book jacket.
Author : Oliver E. Williamson
Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.F/5 ( download)
Download or read book Markets and Hierarchies, Analysis and Antitrust Implications written by Oliver E. Williamson and published by . This book was released on 1975 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Glenn R. Carroll
Publisher : Oxford University Press
ISBN 13 : 0195119517
Total Pages : 561 pages
Book Rating : 4.1/5 (951 download)
Download or read book Firms, Markets and Hierarchies written by Glenn R. Carroll and published by Oxford University Press. This book was released on 1999-01-28 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text presents a stock-taking of the work that has been done since the appearance of Oliver Williamson's seminal book Markets and Hierarchies, which gave new life to the concept of transaction cost analysis.
Author : Louis Meuleman
Publisher : Springer Science & Business Media
ISBN 13 : 3790820547
Total Pages : 408 pages
Book Rating : 4.7/5 (98 download)
Download or read book Public Management and the Metagovernance of Hierarchies, Networks and Markets written by Louis Meuleman and published by Springer Science & Business Media. This book was released on 2008-04-03 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public managers can, to a certain extent, choose between various mana- ment paradigms which are provided by public and business administration scholars and by politicians as well. How do they find their way in this c- fusing supermarket of competing ideas? This book explores how public managers in Western bureaucracies deal with the mutually undermining ideas of hierarchical, network and market governance. Do they possess a specific logic of action, a rationale, when they combine and switch - tween these governance styles? This chapter sets the scene for the book as a whole and presents the - search topic and the research question. 1.1 Problem setting Since the Second World War, Western public administration systems have changed drastically. The hierarchical style of governing of the 1950s to the 1970s was partly replaced by market mechanisms, from the 1980s - wards. In the 1990s, a third style of governing, based on networks, further enriched the range of possible steering, coordination and organisation - terventions. In the new millennium, public sector organisations seem to apply complex and varying mixtures of all three styles of what we will - fine as governance in a broad sense. This development has brought about two problems.
Author : Patricia H. Thornton
Publisher : Stanford University Press
ISBN 13 : 9780804740210
Total Pages : 220 pages
Book Rating : 4.7/5 (42 download)
Download or read book Markets from Culture written by Patricia H. Thornton and published by Stanford University Press. This book was released on 2004 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional logics, the underlying governing principles of societal sectors, strongly influence organizational decision making. Any shift in institutional logics results in a similar shift in attention to alternative problems and solutions and in new determinants for executive decisions. Examining changes in institutional logics in higher-education publishing, this book links cultural analysis with organizational decision making to develop a theory of attention and explain how executives concentrate on certain market characteristics to the exclusion of others. Analyzing both qualitative and quantitative data from the 1950s to the 1990s, the author shows how higher education publishing moved from a culture of independent domestic publishers focused on creating markets for books based on personal, relational networks to a culture of international conglomerates that create markets from corporate hierarchies. This book offers broader lessons beyond publishing--its theory is applicable to explaining institutional changes in organizational leadership, strategy, and structure occurring in all professional services industries.
Author : Glenn R. Carroll
Publisher : Oxford University Press
ISBN 13 : 0195353196
Total Pages : 561 pages
Book Rating : 4.1/5 (953 download)
Download or read book Firms, Markets and Hierarchies written by Glenn R. Carroll and published by Oxford University Press. This book was released on 1999-01-28 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines transaction cost economics, the influential theoretical perspective on organizations and industry that was the subject of Oliver Williamson's seminal book,Markets and Hierarchies (1975). Written by leading economists, sociologists, and political scientists, the essays collected here reflect the fruitful intellectual exchange that is occurring across the major social science disciplines. They examine transaction cost economics' general conceptual orientation, its specific theoretical propositions, its applications to policy, and its use in systematic empirical research. The chapters include classic texts, broad review essays, reflective commentaries, and several new contributions to a wide range of topics, including organizations, regulations and law, institutions, strategic management, game theory, entrepreneurship, innovation, finance, and technical information. The book begins with an overview of theory and research on transaction cost economics, highlighting the specific accomplishments of scholars working within the perspective and emphasizing the enormous influence that transaction cost reasoning exerts on the social sciences. The following section covers conceptual uses for the transaction cost framework and major theoretical or methodological elements within it, such as bounded rationality. While advancing some interesting theoretical propositions, these chapters are in fact more ambitious: each examines a specific field, area, or research program and attempts to fashion a new way of thinking about research questions. In the section on industrial applications, contributors study the application of transaction cost theory to a range of problems in utilities, telecommunications, laser printing, and early international trade. The book closes with four microanalytical chapters that delve into the structures and behaviors of specific aspects of firms and organizations: boards of directors, equity structures, employment models, human resource policies and practices, technology strategies, and innovation events. Firms, Markets, and Hierarchies collects excellent social science work on transaction cost economics, taking stock of its status, charting its future development, and fostering its renewal and evolution.
Author : Oliver E. Williamson
Publisher : Simon and Schuster
ISBN 13 : 068486374X
Total Pages : 473 pages
Book Rating : 4.6/5 (848 download)
Download or read book The Economic Intstitutions of Capitalism written by Oliver E. Williamson and published by Simon and Schuster. This book was released on 1985 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This long-awaited sequel to the modem classic "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations.
Download or read book Markets, Hierarchies and Networks ... written by and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Claudio U. Ciborra
Publisher : Cambridge University Press
ISBN 13 : 9780521574655
Total Pages : 276 pages
Book Rating : 4.5/5 (746 download)
Download or read book Teams, Markets and Systems written by Claudio U. Ciborra and published by Cambridge University Press. This book was released on 1996-11-28 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the waves of re-engineering, there is still a gap between the opportunities offered by information technology and the progress of business transformation. New forms of information technology offer an increasing variety of network-based applications that range from groupware to electronic commerce, but its applications lack a sound understanding of the link between organizational processes, information and technology. This book provides a new set of concepts and methods to design new forms of business organizations around the latest network infrastructures. Professor Ciborra uses the principles of institutional economics to propose reforms of the relationships with suppliers, customers, strategic partners, and internal work organisation, based on a different mix of three basic organizational forms: teams, markets and hierarchies. Information technology can indeed be harnessed to shape businesses and markets so as to increase the transparency of markets, the agility of hierarchies, and the effectiveness and quality of the working life of teams.
Author : Joseph T. Mahoney
Publisher : SAGE
ISBN 13 : 1412905435
Total Pages : 273 pages
Book Rating : 4.4/5 (129 download)
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.
Author : Christos N. Pitelis
Publisher : Wiley-Blackwell
ISBN 13 : 9780631188988
Total Pages : 292 pages
Book Rating : 4.1/5 (889 download)
Download or read book Transaction Costs, Markets and Hierarchies written by Christos N. Pitelis and published by Wiley-Blackwell. This book was released on 1993-08-20 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important text Christos Pitelis has brought together twelve leading academics and researchers to survey and critically assess the transaction costs, markets and hierarchies perspective in the light of recent advances. By providing up-to-date statements of their views on the limitations o the perspective it is hoped that their contributions will stimulate further debate and open up new avenues for future research.
Author : Kostas Karantininis
Publisher : Springer Science & Business Media
ISBN 13 : 1402055439
Total Pages : 289 pages
Book Rating : 4.4/5 (2 download)
Download or read book Vertical Markets and Cooperative Hierarchies written by Kostas Karantininis and published by Springer Science & Business Media. This book was released on 2007-05-24 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects sixteen essays that provide clarification to issues pertinent to contemporary cooperatives. Twenty three internationally recognized scholars of agricultural cooperatives from a variety of disciplines such as industrial organization, finance, sociology, networks, and political theory contributed theoretical work and empirical observations from different countries.
Author : Robert S. Gibbons
Publisher : Princeton University Press
ISBN 13 : 0691132798
Total Pages : 1248 pages
Book Rating : 4.6/5 (911 download)
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.
