The economics of business enterprise : an introduction to economic organisation and the theory of the firm
Author(s)
Bibliographic Information
The economics of business enterprise : an introduction to economic organisation and the theory of the firm
Edward Elgar, c2002
3rd ed
- : cased
- : paperback
Available at / 25 libraries
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Note
Bibliography: p. 537-574
Includes index
Description and Table of Contents
Description
To own or not to own? To make or to buy? To franchise or to manage? To contract long or to contract short? To trust or not to trust? To license or not to license? These and other questions are the subject matter of this excellent introduction to the theory of economic organisation. This fully updated edition of Martin Ricketts's 1987 book includes:
New developments in the property rights theory of the firm
Further extended treatment of co-operative and mutual forms of enterprise
Entirely new sections on transactions cost economics and public policy
New chapters on the economics of privatisation and the regulation of 'natural monopoly'.
In addition, transaction cost, property rights and agency approaches are contrasted, and Austrian and evolutionary criticisms of standard theory are explored. The author applies these theories to a wide range of questions from the choice of piece rates or time rates in contracting to the debate on Anglo-American versus other 'varieties of capitalism'. Public policy in the fields of regulation and privatisation is also considered using the same framework.
Non-specialists will find this book to be an accessible introduction to the main theoretical approaches to economic organisation. Students and researchers specialising in the fields of economics and business will find that this third, updated edition of The Economics of Business Enterprise continues to provide stimulating insights suggestive of further research.
Table of Contents
Contents: Preface Preface to the First Edition Preface to the Second Edition Part I: Basic Concepts 1. The Gains from the Trade 2. Transactions Costs 3. The Entrepreneur 4. Property Rights 5. Principal and Agent Part II: The Structure of Economic Organisations 6. Hierarchies 7. Integration and the Visible Hand 8. Corporate Governance 1: Managerial Incentives 9. Corporate Governance 2: The Takeover and Capital Structure 10. Profit-Sharing, Cooperative and Mutual Enterprise 11. Non-Profit and Charitable Enterprise 12. Evolution and Economic Organisation Part III: Public Policy and Economic Organisation 13. Economic Organisation and the Role of the State 14. Private and Public Enterprise: The Ownership of Business 15. Economic Regulation and the Structure of Business Bibliography
by "Nielsen BookData"
