The Economics of the Business Firm: Seven Critical Commentaries

Paperback / softback

Main Details

Title The Economics of the Business Firm: Seven Critical Commentaries
Authors and Contributors      By (author) Harold Demsetz
Physical Properties
Format:Paperback / softback
Pages:192
Dimensions(mm): Height 228,Width 150
Category/GenreMicroeconomics
Business and management
ISBN/Barcode 9780521588652
ClassificationsDewey:338.5
Audience
Professional & Vocational
Illustrations 10 Tables, unspecified; 1 Line drawings, unspecified

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 13 September 1996
Publication Country United Kingdom

Description

The essays in this volume break new ground in the theory of the business firm and its applications in economics. A leading analyst of industrial organization, Professor Demsetz critically examines current debates on the existence, definition, and organization of the firm and discusses issues related to the emerging theory of the firm. He then analyzes the relation among business ownership, wealth, and economic development. Subsequent essays offer new perspectives on competition, profit maximization and rational behavior, and shed new light on managers' compensation, antitrust policy, and the accuracy of firms' accounting data.

Reviews

'... a stimulating and challenging collection of essays which will certainly repay careful reading by those concerned with the issues which Demsetz tackles.' D. P. O'Brien, The Economic Journal