Markets and Democracy: Participation, Accountability and Efficiency - Image 1

£96.89

Cambridge University Press Markets and Democracy: Participation, Accountability and Efficiency

Name: Markets and Democracy: Participation, Accountability and Efficiency
Brand: Cambridge University Press
Price: 96.89 GBP
Availability: InStock

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Description

The market does not spontaneously generate democratic or participatory economic institutions. This book asks whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. The contributors bring contemporary microeconomic theory to bear on a range of related issues, including the relationship between democratic firms and efficiency in market economies; incentives and the relative merits of various forms of internal democratic decision-making; and the effects of democratically accountable firms on innovation, saving, investment, and on the informational and disciplinary aspects of markets. Various approaches to the study of economic interaction (game theory, transactions' cost analysis, social choice theory, rent-seeking, etc.) are considered in an attempt to understand the relationship between power and efficiency in market economies.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521432235
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 22 July 1993
Listed Since: 02 February 2007

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Cambridge University Press Markets and Democracy: Participation, Accountability and Efficiency

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