The Transaction Cost Economics Project

The Transaction Cost Economics Project PDF

Author: Oliver E. Williamson

Publisher: Edward Elgar Publishing

Published: 2013

Total Pages: 0

ISBN-13: 9780857938770

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Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.

Economic Foundations of Strategy

Economic Foundations of Strategy PDF

Author: Joseph T. Mahoney

Publisher: SAGE

Published: 2005

Total Pages: 273

ISBN-13: 1412905435

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The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how organisations operate efficiently, cost minimization, wealth creation, individual self-interest, and continued growth.

Information, Organization and Management

Information, Organization and Management PDF

Author: Ralf Reichwald

Publisher: Springer Science & Business Media

Published: 2008-03-27

Total Pages: 541

ISBN-13: 3540713956

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This book offers a comprehensive treatment of the economic and technical foundations for new organizational forms, relations and processes. It provides a wide range of underlying concepts and frameworks that help the reader understand the major forces driving organizational and marketplace change, rather than presenting these changes as simple outcomes of technological or management fads. Contains case studies are included.

New Developments in the Analysis of Market Structure

New Developments in the Analysis of Market Structure PDF

Author: International Economic Association

Publisher: MIT Press

Published: 1986

Total Pages: 588

ISBN-13: 9780262690935

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These contributions discuss a number of important developments over the past decade in a newly established and important field of economics that have led to notable changes in views on governmental competition policies. They focus on the nature and role of competition and other determinants of market structures, such as numbers of firms and barriers to entry; other factors which determine the effective degree of competition in the market; the influence of major firms (especially when these pursue objectives other than profit maximization); and decentralization and coordination under control relationships other than markets and hierarchies.ContributorsJoseph E. Stiglitz, G. C. Archibald, B. C. Eaton, R. G. Lipsey, David Enaoua, Paul Geroski, Alexis Jacquemin, Richard J. Gilbert, Reinhard Selten, Oliver E. Williamson, Jerry R. Green, G. Frank Mathewson, R. A. Winter, C. d'Aspremont, J. Jaskold Gabszewicz, Steven Salop, Branko Horvat, Z. Roman, W. J. Baumol, J. C. Panzar, R. D. Willig, Richard Schmalensee, Richard Nelson, Michael Scence, and Partha Dasgupta

American Capitalism

American Capitalism PDF

Author: John Galbraith

Publisher: Routledge

Published: 2017-07-05

Total Pages: 222

ISBN-13: 1351532863

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In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remains an equalizing force in the labor markets, and the chain store is the best answer to the market power of big food companies. This work remains an essential guidepost of American mores as well as that as of the American economy.

Strategic Interaction

Strategic Interaction PDF

Author: Erving Goffman

Publisher: University of Pennsylvania Press

Published: 1970

Total Pages: 155

ISBN-13: 0812210115

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The two essays in this classic work by sociologist Erving Goffman deal with the calculative, gamelike aspects of human interaction. Goffman examines the strategy of words and deeds; he uses the term "strategic interaction" to describe gamelike events in which an individual's situation is fully dependent on the move of one's opponent and in which both players know this and have the wit to use this awareness for advantage. Goffman aims to show that strategic interaction can be isolated analytically from the general study of communication and face-to-face interaction. The first essay addresses expression games, in which a participant spars to discover the value of information given openly or unwittingly by another. The author uses vivid examples from espionage literature and high-level political intrigue to show how people mislead one another in the information game. Both observer and observed create evidence that is false and uncover evidence that is real. In "Strategic Interaction," the book's second essay, action is the central concern, and expression games are secondary. Goffman makes clear that often, when it seems that an opponent sets off a course of action through verbal communication, he really has a finger on your trigger, your chips on the table, or your check in his bank. Communication may reinforce conduct, but in the end, action speaks louder. Those who gamble with their wits, and those who study those who do, will find this analysis important and stimulating.

Resources, Firms, and Strategies

Resources, Firms, and Strategies PDF

Author: Nicolai J. Foss

Publisher:

Published: 1997

Total Pages: 404

ISBN-13: 9780198781790

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Strategic management has been increasingly characterized by an emphasis on core competences. Firms are advised to divest unrelated businesses and return to core business. Moreover, competitive advantage is now increasingly seen as a matter of efficiently deploying scarce knowledge resources to product markets. Much of this change in emphasis has occurred because of the emergence of a unified and rigorous approach to strategy, often called the resource-based approach. This Reader brings together extracts from the seminal articles that created this dominant perspective in strategic management. It includes the pioneering work of Selznick, Penrose, and Chandler and more recent writing by Wenerfelt, Barney, Teece, and Prahalad and Hamel.

The Economic Intstitutions of Capitalism

The Economic Intstitutions of Capitalism PDF

Author: Oliver E. Williamson

Publisher: Simon and Schuster

Published: 1985

Total Pages: 473

ISBN-13: 068486374X

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This long-awaited sequel to the modem classic "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations.