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Ownership,control and the firm
Book • 1990
In 'Ownership, Control, and the Firm: The Organization of Economic Activity,' Harold Demsetz delves into the fundamental questions of economic organization, particularly the role of ownership and control within firms.
The book builds on Demsetz's earlier work, such as his 1972 paper with Armen Alchian, 'Production, Information Costs, and Economic Organization,' which analyzed the differences between contracts within firms and those in the market.
This volume explores how transaction costs and information problems influence the emergence and structure of firms, contributing significantly to the theory of the firm and the broader field of institutional economics.
The book builds on Demsetz's earlier work, such as his 1972 paper with Armen Alchian, 'Production, Information Costs, and Economic Organization,' which analyzed the differences between contracts within firms and those in the market.
This volume explores how transaction costs and information problems influence the emergence and structure of firms, contributing significantly to the theory of the firm and the broader field of institutional economics.
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Peter Boettke in the context of the counter-revolution to the 1950s neoclassical synthesis.
Peter Boettke in the context of the counter-revolution to the 1950s neoclassical synthesis.
31 snips
Who Won the Socialist Calculation Debate (with Peter Boettke)
