Division of Labor, Variability, Coordination, and the Theory of Firms and Markets

Language: English

Published by Springer Nature B.V. Dez 1995, 1995

0792338324 / 9780792338321

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Neuware - A new approach to explaining the existence of firms and markets, focusing on variability and coordination. It stands in contrast to the emphasis on transaction costs, and on monitoring and incentive structures, which are prominent in most of the modern literature in this field. This approach, called the variability approach, allows us to: show why both the need for communication and the coordination costs increase when the division of labor increases; explain why, while the firm relies on direction, the market does not; rigorously formulate the optimum divisionalization problem; better understand the relationship between technology and organization; show why the `size' of the firm is limited; and to refine the analysis of whether the existence of a sharable input, or the presence of an external effect leads to the emergence of a firm. The book provides a wealth of insights for students and professionals in economics, business, law and organization.

Seller Inventory # 9780792338321

Title
Division of Labor, Variability, Coordination, and the Theory of Firms and Markets
Author
A. Camacho
Publisher
Springer Nature B.V. Dez 1995
Publication year
1995
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0792338324
ISBN 13
9780792338321
Item weight
427 grams
Dimensions
241x160x14 mm

AHA-BUCH GmbH

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