The Economics of Business Enterprise: An Introduction to Economic Organisation and the Theory of the Firm – by Martin Ricketts (2002)

This book of The Economics of Business Enterprise provides a comprehensive survey of the theory of the firm from the perspective of New Institutional Economics. It continues to emphasise the role of the entrepreneur within the firm and the emergence of institutional responses to rent seeking. Neoclassical, Transactions Cost, Austrian, Public Choice and Property Rights perspectives are contrasted and used to analyse private governance arrangements, contemporary developments in organisational form such as ‘the sharing economy’ and the regulatory framework.

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Table of contents

Preface

Part 1 Basic Concepts

1. The gains from trade

2. Transactions costs

3. The entrepreneur

4. Property Rights

5. Principal and Agent

Part 2 The Structure of Organisations

6. Hierarchies

7. Integration and the Visible Hand

8. Corporate Governance 1: Managerial Incentives

9. Corporate Governance 2: The Takeover and Capital Structure

10. Profit Sharing, Co-operative and Mutual Enterprise

11. Non-Profit and Charitable Enterprise

12. Evolution and Economic Organisation

Part 3 Public Policy and Economic Organisation

13. Economic Organisation and the Role of the State

14. Private and Public Enterprise: The Ownership of Business

15. Economic Regulation and the Structure of Business Conclusion Index

 

Product details

  • Publisher : Edward Elgar Pub; 3rd edition (March 31, 2002)
  • Language : English
  • Hardcover : 616 pages
  • ISBN-10 : 1840645245
  • ISBN-13 : 978-1840645248
  • Item Weight : 2.3 pounds
  • Dimensions : 6 x 1.5 x 9.25 inches

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