Coordination and Information
Historical Perspectives on the Organization of Enterprise
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Coordination and Information by Naomi R. Lamoreaux
Book DescriptionCase studies that examine how firms co-ordinate economic activity in the face of asymmetric information, information not equally available to all parties, are the focus of this volume. In an ideal world, the market would be the optimal provider of co-ordination, but in the real world of incomplete information, some activities are better coordinated in other ways. Divided into three parts, this book addresses co-ordination within firms, at the borders of firms and outside firms, providing a picture of the overall incidence and logic of economic co-ordination. The case studies - drawn from the late 19th and early 20th century, when the modern business enterprise was evolving, address such issues as the relationship between co-ordination mechanisms and production techniques, the logic of co-ordination in industrial districts and the consequences of regulation for co-ordination. Continuing the work on information and organization presented in "Inside the Business Enterprise", this book provides material that may be useful for business historians and economists who want to study the development of the dissemination of information and the co-ordination of economic activity within and between firms.
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Book DetailsISBN: 9780226468211
(226mm x 150mm x 20mm)
Imprint: University of Chicago Press
Publisher: The University of Chicago Press
Publish Date: 13-Jul-1995
Country of Publication: United States
Books By Author Naomi R. Lamoreaux
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Recent Supreme Court decisions in Citizens United and other high-profile cases have sparked disagreement about the role of corporations in American democracy. Bringing together scholars of history, law, and political science, Corporations and American Democracy provides essential grounding for today's policy debates.
Understanding Long-run Economic Growth, Hardback (September 2011)
Explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery.
Financing Innovation in the United States, 1870 to Present, Paperback (September 2009)
Leading economists and economic historians offer case studies and theoretical perspectives that fill a longstanding gap in the existing literature on technology-driven industrial development, discussing the interaction of finance and technological innovation in the American economy since the Second Industrial Revolution.
Learning by Doing in Markets, Firms and Countries, Paperback (February 1999)» View all books by Naomi R. Lamoreaux
Drawing out the underlying economics in business history, this text focuses on learning processes and the development of competitively valuable asymmetries. It shows that organizations learn that this process can be organized effectively, which can have major implications for how competition works.
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