Author: John Henry TresslerPublisher:
ISBN:
Category :
Languages : en
Pages : 233
Book Description
The Theory of the Firm and Industry in a Competitive Economy with Demand Uncertainty
Author: John Henry TresslerThe Theory of the Firm
Author: Peter J. CurwenPublisher: Springer
ISBN: 1349156450
Category : Business & Economics
Languages : en
Pages : 201
Book Description
Theory of the Firm
Author: Kalman J. CohenPublisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 552
Book Description
Business firms, decision making and economic models; Market structures and the theory of the firm; New approaches to the theory of the firm; Implications of microeconomics for the economic system.
A General Theory of Competition
Author: Shelby D. HuntPublisher: SAGE Publications
ISBN: 1452221642
Category : Business & Economics
Languages : en
Pages : 321
Book Description
Hunt convincingly demonstrates that competition is not about dividing up limited resources but about creating more resources and thus competition is pro-society. This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth. Consequently, executives and entrepreneuers, management consultants, public makers, and scholars and students in economics, law, political science, and business should read and study this book. —Robert F. Lusch, University of Oklahoma This book develops a new theory of competition. This theory – labeled "resource-advantage theory" – stems from no single research tradition, but draws on several different traditions in economics, management, marketing, and sociology. In this ground-breaking volume, Shelby Hunt articulates R-A theory, uses the theory to explain and predict economic phenomena, and shows how (and why) it explains and predicts such phenomena.
The Theory of the Managerial Firm Under Demand Uncertainty
Author: Gregory John WerdenPublisher:
ISBN:
Category : Managerial economics
Languages : en
Pages : 264
Book Description
The Nature of the Firm
Author: Oliver E. WilliamsonPublisher: Oxford University Press, USA
ISBN: 9780195083569
Category : Business & Economics
Languages : en
Pages : 260
Book Description
This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
The Theory of Price Uncertainty, Production, and Profit
Author: Clement Allan TisdellPublisher: Princeton University Press
ISBN: 1400876338
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Firms and farmers, under pure competition, must make production decisions in the face of price uncertainty. The author has integrated diverse theories of behavior under uncertainty to provide a new framework for his mathematical analysis of the impact of price uncertainty on the behavior of the firm. Drawing upon the work of Knight, Hicks, von Neumann, and Morgenstern, he develops a schema that accounts for a greater diversity of behavior than do existing theories, yet one which yields simple economic theorems of practical value. The conclusions he draws apply to both socialist and capitalist economics. Originally published in 1968. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Post-Keynesian Theories of the Firm
Author: Nobantu L. MbekiPublisher: Taylor & Francis
ISBN: 1000875636
Category : Business & Economics
Languages : en
Pages : 427
Book Description
Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.
The Theory of the Firm
Author: Paul WalkerPublisher: Taylor & Francis
ISBN: 1317277031
Category : Business & Economics
Languages : en
Pages : 223
Book Description
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.
Economic Theory and the Construction Industry
Author: Patricia M. HillebrandtPublisher: Springer
ISBN: 1349019275
Category : Business & Economics
Languages : en
Pages : 239
Book Description