An Economic Theory Of Managerial Firms
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Author | : Luca Lambertini |
Publisher | : Taylor & Francis |
Total Pages | : 231 |
Release | : 2017-04-21 |
Genre | : Business & Economics |
ISBN | : 1317218264 |
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The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.
Author | : Daniel F. Spulber |
Publisher | : Cambridge University Press |
Total Pages | : 542 |
Release | : 2009-04-13 |
Genre | : Business & Economics |
ISBN | : 0521517389 |
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The Theory of the Firm presents an innovative general analysis of the economics of the firm.
Author | : Nicolai J. Foss |
Publisher | : Taylor & Francis |
Total Pages | : 488 |
Release | : 2000 |
Genre | : Agentteori |
ISBN | : 9780415196383 |
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Includes over 60 classic papers, these volumes collect together contributions on the theory of the firm, beginning with Ronald Coase's classic work of 1937 and ending with important papers published as late as 1998.
Author | : NA NA |
Publisher | : Springer |
Total Pages | : 363 |
Release | : 2016-01-13 |
Genre | : Business & Economics |
ISBN | : 1349817325 |
Download The Economic Theory of ‘Managerial’ Capitalism Book in PDF, Epub and Kindle
Author | : R. Marris |
Publisher | : Springer |
Total Pages | : 209 |
Release | : 1998-10-25 |
Genre | : Business & Economics |
ISBN | : 0230376169 |
Download Managerial Capitalism in Retrospect Book in PDF, Epub and Kindle
An updated revisting of the themes of Robin Marris' classic The Economic Theory of Managerial Capitalism (1964). This was widely recognised as pathbreaking as it was the first attempt by a professional economist to make a formal theory of the behaviour and growth of a large-scale 'managerial' corporation based on a realistic assessment of the sociological and institutional environment. The model determined the long-run growth rates of individual firms on the basis of the financial and market environment on the one hand and the needs, interest and aspirations of both managers and shareholders on the other. Managers in particular were shown to trade desire for growth against fear of takeover. These then novel important features of modern capitalism - mergers, takeovers and executive bonuses and the relationship between the growth of firms and the growth of the economy - have become increasingly topical. The book contains the original introduction along with reworked and updated coverage of the theoretical model, along with completely new chapters both of micro-theory and Marris' substantive response to the debate which the original book created.
Author | : Thomas J. Webster |
Publisher | : Elsevier |
Total Pages | : 755 |
Release | : 2003-07-30 |
Genre | : Business & Economics |
ISBN | : 0127408525 |
Download Managerial Economics Book in PDF, Epub and Kindle
Managerial economics is the application of economic theory and quantitative methods (mathematics and statistics) to the managerial decision-making process. Simply stated, managerial economics is applied microeconomics with special emphasis on those topics of greatest interest and importance to managers. Offering a problem-solving approach to the study of managerial economics, this title aims to help business students develop analytical skills. It includes an extensive review of mathematical techniques and a chapter on the time value of money and capital budgeting.
Author | : John Bridge |
Publisher | : Routledge |
Total Pages | : 222 |
Release | : 2018-04-17 |
Genre | : Business & Economics |
ISBN | : 1351200305 |
Download Planning and the Growth of the Firm Book in PDF, Epub and Kindle
Originally published in 1978. The type of firm focused upon in this study is the large manager-controlled business organisation, although the analysis is not restricted to this kind of entity, as firms of all shapes and sizes are finding it increasingly necessary to plan, particularly in environments characterised by rapid innovation and technological change. After an initial survey of various growth theories, the book analyses the vehicles of growth as well as the constraints, so that the process of growth is seen in the context of corporate planning and also within the context of planning in the economy as a whole. Some of the more important contributions to the economic theory of business behaviour are brought together and the implications of these works for micro-economic theory and managerial economics are determined. Particular emphasis is placed upon Marris’s growth model, and the theme of balanced growth – through the analysis of the diversification and financial aspects of planning – is developed. The planning process is also discussed within the public sector and selected case studies of local authority defence and health planning are examined.
Author | : Gregory K. Dow |
Publisher | : Cambridge University Press |
Total Pages | : 346 |
Release | : 2003-02-17 |
Genre | : Business & Economics |
ISBN | : 9780521522212 |
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Table of contents
Author | : Nicolai J. Foss |
Publisher | : Taylor & Francis |
Total Pages | : 536 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780415196413 |
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Author | : Paul Walker |
Publisher | : Taylor & Francis |
Total Pages | : 223 |
Release | : 2016-09-13 |
Genre | : Business & Economics |
ISBN | : 1317277031 |
Download The Theory of the Firm Book in PDF, Epub and Kindle
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.