The nature of the firm : origins, evolution, and development

Bibliographic Information

The nature of the firm : origins, evolution, and development

edited by Oliver E. Williamson, Sidney G. Winter

Oxford University Press, 1993

  • : pbk

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Note

Includes bibliographical references and index

On cover: "Includes 1991 Nobel lecture by R.H. Coase"

Description and Table of Contents

Description

In 1937, Ronald H. Coase published The Nature of the Firm, a ground-breaking paper which raised fundamental questions about the concept of the firm in economic theory. In this volume, leading business economists commemorate Coase's classic article and consider its relevance to economic theory today. The book includes a reprint of The Nature of the Firm, together will three lectures by Coase from 1987, which provide an account of the origins and development of his thought. The new paperback includes the first publication of the lecture which Coase delivered on winning the Nobel Prize for Economics in 1991. Contributors: Ronald H. Coase, Sherwin Rosen, Paul Joskow, Oliver Hart, Harold Demsetz, Scott Masten, Benjamin Klein, Oliver Williamson, Sidney Winter

Table of Contents

  • Introduction
  • 1. The Nature of the Firm
  • 2. The Nature of the Firm: Origin
  • 3. The Nature of the Firm: Influence
  • 4. Nobel Lecture
  • 5. Transactions Costs and Internal Labor Markets
  • 6. The Logic of Economic Organization
  • 7. Asset Specificity and the Structure of Vertical Relationships: Empirical Evidence
  • 8. Incomplete Contracts and the Theory of the Firm
  • 9. The Theory of the Firm Revisited
  • 10. On Coase, Competence, and the Corporation
  • 11. A Legal Basis for the Firm
  • 12. Vertical Integration as Organizational Ownership: The Fisher Body-General Motors Relationship Revisited

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