The Corporation as Anomaly

Paperback / softback

Main Details

Title The Corporation as Anomaly
Authors and Contributors      By (author) David E. Schrader
Physical Properties
Format:Paperback / softback
Pages:220
Dimensions(mm): Height 234,Width 154
Category/GenreEconomic theory and philosophy
Microeconomics
ISBN/Barcode 9780521033756
ClassificationsDewey:338.5
Audience
Professional & Vocational
Illustrations Worked examples or Exercises

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 15 February 2007
Publication Country United Kingdom

Description

This 1993 book discusses the rise of the marginalist conception of the firm in the context of economic thought over the past two centuries, and explains why economists continue to defend a theory with demonstrable shortcomings. Professor Schrader argues that the marginalist view of the firm retains its support not through any comparative advantage in empirical or predictive power, but by virtue of its being a part of the predominant marginalist economic programme. The clear problems that beset the marginalist approach to the firm signal a general dilemma for economic theory as a whole.