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
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
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
- 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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