Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Markets Versus Hierarchies
Download Markets Versus Hierarchies full books in PDF, epub, and Kindle. Read online Markets Versus Hierarchies ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Markets and Hierarchies by : Oliver E. Williamson
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).
Book Synopsis Markets and Hierarchies Analysis and Antitrust Implications by : Oliver E. Williamson
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:
Book Synopsis Markets, Hierarchies and Networks by : Grahame Thompson
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
Book Synopsis Firms, Markets and Hierarchies by : Glenn R. Carroll
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.
Book Synopsis Public Management and the Metagovernance of Hierarchies, Networks and Markets by : Louis Meuleman
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.
Book Synopsis Markets from Culture by : Patricia H. Thornton
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.
Book Synopsis The Economic Intstitutions of Capitalism by : Oliver E. Williamson
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.
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.
Book Synopsis Conventions and Structures in Economic Organization by : Olivier Favereau
Download or read book Conventions and Structures in Economic Organization written by Olivier Favereau and published by Edward Elgar Publishing. This book was released on 2002 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book contributes to the current rapprochement between economics and sociology. It examines the fact that individuals use rules and interdependencies to forward their own interests, while living in social environments where everyone does the same. The authors argue that to construct durable organizations and viable markets, they need to be able to handle both. However, thus far, economists and sociologists have not been able to reconcile the relationship between these two types of constrains on economic activity." -- BOOK JACKET.
Book Synopsis Teams, Markets and Systems by : Claudio U. Ciborra
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.
Book Synopsis The Law and Governance of Decentralised Business Models by : Roger M Barker
Download or read book The Law and Governance of Decentralised Business Models written by Roger M Barker and published by Routledge. This book was released on 2020-12-30 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws together themes in business model developments in relation to decentralised business models (DBMs), sometimes referred to as the ‘sharing’ economy, to systematically analyse the challenges to corporate and organisational law and governance. DBMs include business networks, the global supply chain, public–private partnerships, the platform economy and blockchain-based enterprises. The law of organisational forms and governance has been slow in responding to changes, and reliance has been placed on innovations in contract law to support the business model developments. The authors argue that the law of organisations and governance can respond to changes in the phenomenon of decentralised business models driven by transformative technology and new socio-economic dynamics. They argue that principles underlying the law of organisations and governance, such as corporate governance, are crucial to constituting, facilitating and enabling reciprocality, mutuality, governance and redress in relation to these business models, the wealth-creation of which subscribes to neither a firm nor market system, is neither hierarchical nor totally decentralised, and incorporates socio-economic elements that are often enmeshed with incentives and relations. Of interest to academics, policymakers and legal practitioners, this book offers proposals for new thinking in the law of organisation and governance to advance the possibilities of a new socio-economic future.
Book Synopsis Varieties of Capitalism by : Peter A. Hall
Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
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.
Book Synopsis American Capitalism by : John Galbraith
Download or read book American Capitalism written by John Galbraith and published by Routledge. This book was released on 2017-07-05 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remains an equalizing force in the labor markets, and the chain store is the best answer to the market power of big food companies. This work remains an essential guidepost of American mores as well as that as of the American economy.
Book Synopsis Hierarchy and Organisation by : Thomas Diefenbach
Download or read book Hierarchy and Organisation written by Thomas Diefenbach and published by Routledge. This book was released on 2013-07-18 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most people take the conditions they work and live in as a given, believing it to be normal that societies are stratified and that organisations are hierarchical. Many even think that this is the way it should be - and are neither willing nor able to think that it could be otherwise. This book raises the awareness of hierarchy, its complexity and longevity. It focuses on a single but fundamental problem of social systems such as dyads, groups, organisations and whole societies: Why and how does hierarchical social order persist over time? In order to investigate the question, author Thomas Diefenbach develops a general theory of the persistence of hierarchical social order. This theory interrogates the problem of the persistence of hierarchical social order from very different angles, in multi-dimensional and interdisciplinary ways. Even more crucially, it traces the very causes of the phenomenon, the reasons and interests behind hierarchy as well as the various mechanisms which keep it going. This is the first time such a theory is attempted. With the help of the theory developed in this book, it is possible to interrogate systematically, comprehensively and in detail how mindsets and behaviours as well as societal and organisational structures enable the continuation of hierarchy
Book Synopsis The Transaction Cost Economics Project by : Oliver E. Williamson
Download or read book The Transaction Cost Economics Project written by Oliver E. Williamson and published by Edward Elgar Publishing. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.
Book Synopsis A Market Out of Place? by : Pernille Hohnen
Download or read book A Market Out of Place? written by Pernille Hohnen and published by Oxford University Press. This book was released on 2003 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pernille Hohnen has written a detailed ethnography of a Lithuanian market place in the mid-1990s and as such contributes significantly to the understanding of a phenomenon largely unaccounted for by anthropologists, namely shuttle trading, and a new form of transnationalism connected to thenumerous outdoor markets that were established all over Eastern and Central Europe during the 1990s, most of which still flourish. Traders go as far as China, India, Turkey, and Poland and bring back items for local consumption as well as for retail, not only within the country, but throughout theregion. The global extension of the local market is astonishing, not least on account of the personal ingenuity invested in an uncertain business where one can only learn the hard way. Furthermore, by combining a synchronic analysis of the market with an analysis of changing trading practices duringthe crucial 10-year period of the 1990s, the book sheds important light on processes of creativity and venture, as well as on the more gradual institutionalization of trading practices such as trade routes, trading routines, technology, and forms of political control.Both traders and their environment tend to evaluate the market place as somehow outside civilized society. The 'disorderly' nature of the market epitomizes contested social hierarchies and cultural categories, as well as privatized power relations in the form of racketeers which slowly gainlegitimacy. The analysis of the market place sheds light on changing discourses of ethnicity, gender and work in Lithuanian society as well as contributing to a more thorough theoretical understanding of 'transition'.
