Bibliographic Information

The co-operative game theory of the firm

Masahiko Aoki

Clarendon Press , Oxford University Press, 1984

  • : pbk

Other Title

Cooperative game theory of the firm

Available at  / 75 libraries

Search this Book/Journal

Note

Bibliography: p. [205]-214

Includes indexes

Description and Table of Contents

Volume

ISBN 9780198284857

Description

Neoclassical economic theory treats the firm as a "black box" whose internal design need not be known. The author proposes a new model which treats employees as an integral part of the firm.
Volume

: pbk ISBN 9780198772682

Description

This highly original book challenges the orthodox economic theory of the firm as a mysterious "black box" whose internal design is unknown and irrelevant and which operates solely to maximize shareholder profit. Instead, the author proposes a new "cooperative game theory," in which the firm is a coalition of shareholders and employees, with its market behavior and internal distribution the result of a cooperative game (bargaining). Aoki tests his model against existing industrial structures, including the Anglo-American unionized firm, the German/Swedish co-determination firm, and the American non-union or Japanese firm.

by "Nielsen BookData"

Details

Page Top