The Economics of the Business Firm
Seven Critical Commentaries
By (author) Harold Demsetz
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Economics of the Business Firm by Harold Demsetz
Book DescriptionThe essays in this volume discuss the theory of the business firm and its applications in economics. A leading analyst of industrial organization, Professor Demsetz first critically examines current debates on the existence, definition, and organization of the firm and discusses conceptual and theoretical issues related to the emerging theory of the firm. He then analyzes contemporary treatments of the relation between business ownership, wealth, and economic development. Subsequent essays offer new perspectives on competition, profit maximization and rational behavior, and shed new light on managers' compensation, antitrust policy, and the accuracy of firms' accounting data. The latter themes will interest business audiences as well as professionals and students in economics. These previously unpublished essays derive from lectures originally presented at Uppsala and Lund Universities in Sweden, the Mont Pelerin Society meeting in Prague, and the Center for the Study of Economics and the State at the University of Chicago.
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Book DetailsISBN: 9780521588652
(228mm x 152mm x 11mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Sep-1996
Country of Publication: United Kingdom
Books By Author Harold Demsetz
From Economic Man to Economic System, Paperback (August 2011)
The essays in this book discuss human behavior and the institutions of capitalism.
Supreme Court Economic Review, Hardback (October 1998)» View all books by Harold Demsetz
Part of an interdisciplinary review series, this text provides an economic analysis of cases decided by the United States Supreme Court, the economic reasoning employed by the Court, and the economic consequences of the Court's decisions.
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