Markets, Organizations and Information

Markets, Organizations and Information

Beyond the Dichotomies of Industrial Organization

1st Edition - January 1, 1992

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  • Author: Wilson B. Brown
  • eBook ISBN: 9781483104980

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Markets, Organizations and Information: Beyond the Dichotomies of Industrial Organization discusses the functions of institutions in solving economic problems. The book is comprised of 12 chapters that tackle aspects of industrial organization. The first chapter discusses ways to approach industrial organization. Chapter 2 covers the growth of the business firm from a historical perspective. Chapter 3 discusses the development of an actual theory of the firm. Chapter 4 talks about the appropriation of benefits, and Chapter 5 tackles the risk and capital in an information failures network. The book also discusses the market-like behavior within the firm, and then covers joint costs and benefits. Firm-like behavior, allocative inefficiency, x-inefficiency, and corporate takeovers are also explained. The book then covers the economic role of marketing, the vertical integration, and the product life cycle. The last chapter covers the multinational firm. The text will be of great use to readers who have an interest in neo-institutional analysis.

Table of Contents

  • Foreword



    Chapter 1 Fresh Approaches to Industrial Organization

    Chapter 2 The Growth of the Firm: A Historical Perspective

    Chapter 3 Towards a Theory of the Firm

    Chapter 4 The Appropriation of Benefits

    Chapter 5 Risk and Capital in an Information Failures Framework

    Chapter 6 Market-Like Behavior within the Firm

    Chapter 7 Joint Costs and Joint Benefits: Allocating the Unallocatable

    Chapter 8 Firm-Like Behavior

    Chapter 9 Allocative Inefficiency, X-Inefficiency, and Corporate Takeovers

    Chapter 10 The Economic Role of Marketing

    Chapter 11 Vertical Integration and the Product Life Cycle

    Chapter 12 The Multinational Firm

    The Case Studies: Introduction

    Case 1 Pressures for Internalization (Massey-Ferguson)

    Case 2 Western Firms Face Difficulties in Contracting out

    Case 3 Northern Telecom's Internal Markets

    Case 4 The Banana Business

    Case 5 The Nature of Rent: A Debate



Product details

  • No. of pages: 228
  • Language: English
  • Copyright: © Butterworth-Heinemann 1992
  • Published: January 1, 1992
  • Imprint: Butterworth-Heinemann
  • eBook ISBN: 9781483104980

About the Author

Wilson B. Brown

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