The Theory of the Firm: Microeconomics with Endogenous Entrepreneurs, Firms, Markets, and Organizations - Image 1

£93.49

Cambridge University Press The Theory of the Firm: Microeconomics with Endogenous Entrepreneurs, Firms, Markets, and Organizations

Name: The Theory of the Firm: Microeconomics with Endogenous Entrepreneurs, Firms, Markets, and Organizations
Brand: Cambridge University Press
Price: 93.49 GBP
Availability: InStock

Microeconomics

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Description

The Theory of the Firm presents a path-breaking general framework for understanding the economics of the firm. The book addresses why firms exist, how firms are established, and what contributions firms make to the economy. The book presents a new theoretical analysis of the foundations of microeconomics that makes institutions endogenous. Entrepreneurs play a central economic role by establishing firms. In turn, firms create and operate markets and organizations. The book provides innovative models of economic equilibrium that endogenously determine the structure and function of economic institutions. The book proposes an 'intermediation hypothesis' - the establishment of firms depends on the effects of transaction costs and on the extent of the market.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521517389
Category: Books > Subjects > Business, Finance & Law > Economics > Microeconomics
Domain: Amazon UK
Release Date: 13 April 2009
Listed Since: 30 June 2008

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Cambridge University Press The Theory of the Firm: Microeconomics with Endogenous Entrepreneurs, Firms, Markets, and Organizations

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