Division of Labor, Variability, Coordination, and the Theory of Firms and Markets: 22 - Rilegato

Camacho, A.

 
9780792338321: Division of Labor, Variability, Coordination, and the Theory of Firms and Markets: 22

Sinossi

This text documents an approach to explaining the existence of firms and markets, focusing on variability and co-ordination. It stands in contrast to the emphasis on transaction costs, and on monitoring and incentive structures, which are prominent in most of the modern literature in this field. This approach, called the variability approach, allows us to: show why both the need for communication and the co-ordination costs increase when the division of labour increases; explain why, while the firm relies on direction, the market does not; rigorously formulate the optimum divisionalization problem; better understand the relationship between technology and organization; show why the "size" of the firm is limited; and refine the analysis of whether the existence of a sharable input, or the presence of an external effect, leads to the emergence of a firm.

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Contenuti

Preface. Introduction. 1. The Division of Labor and Communication. 2. Variability and the Logic of Firms and Markets: Informal Analysis. 3. The Internal Organization of Complex Teams: Bounded Rationality and the Logic of Hierarchies. 4. Variability, Coordination, Information Structure, and the Logic of Firms and Markets. 5. Variability and the Logic of Firms, Markets, and Other Arrangements. 6. Adaptation Costs, Coordination Costs, and Optimal Firm Size. 7. Indivisibilities: Economies of Scale, Scope, and Speed. 8. The Variability Approach and the Multiproduct Firm. 9. Concluding Remarks. Bibliography. Names Index. Subject Index.

Product Description

Book by Camacho A

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Altre edizioni note dello stesso titolo

9789048146482: Division of Labor, Variability, Coordination, and the Theory of Firms and Markets: 22

Edizione in evidenza

ISBN 10:  9048146488 ISBN 13:  9789048146482
Casa editrice: Springer, 2010
Brossura