Download or read book Economic Hierarchies Organization and the Structure of Production written by G. Tullock and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has been basically a study of the interactions between organizations, with some organizations being so small we only have one person in them. The internal organization of the largest hierarchies has indeed been looked at, but a good reason for working less on these organizations is that the internal reactions are much harder to understand. It is sensible to solve the problems we can solve and put the others off until later. The author's basic purpose here is to look at these larger hierarchical organizations, and develop a scientific account of them. In Economic Hierarchies, Organization and the Structure of Production Gordon Tullock examines the internal functioning and organization of the corporation. In the author's personal tradition, the book relies on narrative analysis rather than mathematical complexity to convey insights into the functioning of the corporation.
Download or read book Economic Hierarchies Organization and the Structure of Production written by G Tullock and published by . This book was released on 1992-04-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Markets and Hierarchies written by Oliver E. Williamson and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes organization of economic activity within and between markets and hierarchies. It considers the transaction to be the ultimate unit of microeconomic analysis, and defines hierarchical transactions as ones for which a single administrative entity spans both sides of the transaction, some form of subordination prevails and, typically, consolidated ownership obtains. Discusses the advantages of the transactional approach by examining three issues: price discrimination, insurance, and vertical integration. Develops the concept of the organizational failure framework, and demonstrates why it is always the combination of human with environmental factors, not either taken by itself, that causes transactional problems. The study also describes each of the transactional relations of interest, and presents the advantages of internal organization with respect to the transactional condition. The analysis explains why primary work groups of the peer group and simple hierarchy types arise. The same transactional factor which impede autonomous contracting between individuals also impede market exchange between technologically separable work groups. Peer groups can be understood as an internal organizational response to the frictions of intermediate product markets, while conglomerate organization can be seen as a response to failures in the capital market. In both contexts, the same human factors, such as bounded rationality and opportunism, occur. Examines the reasons for and properties of the employment relation, which is commonly associated with voluntary subordination. The analysis attempts better to assess the employment relation in circumstances where workers acquire, during the course of the employment, significant job-specific skills and knowledge. The study compares alternative labor-contracting modes and demonstrates that collective organization is helpful in enhancing the acquisition of idiosyncratic knowledge and skills by the work force. The study then examines more complex structures -- the movement from simple hierarchies to the vertical integration of firms, then multidivisional structures, conglomerates, monopolies and oligopolies. Discusses the market structure in relation to technical and organizational innovation. The study proposes a systems approach to the innovation process. Its purpose is to permit the realization of the distinctive advantages of both small and large firms which apply at different stages of the innovation process. The analysis also examines the relation of organizational innovation to technological innovation. (AT).
Download or read book Bureaucracy written by Gordon Tullock and published by Selected Works of Gordon Tullo. This book was released on 2005 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gordon Tullock is among a small group of living legends in the field of political economics. This volume provides an entree to the mind of an original thinker. Professor Rowley provides deliberately sparse contextual introduction to each volume, opting to allow the very able and eloquent Tullock to speak for himself.
Download or read book Production Systems and Hierarchies of Centres written by Jan Gunnarsson and published by Springer. This book was released on 1977-07-31 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ideas of this book originate from a research group at the Department of Economics in Gothenburg working with the problem of "Relations between Physical and Economic Planning". The research was financed by grants from the Swedish Council for Building Research. Among all the persons, who from time to time were associated to the project group, the author wishes to express his particular thanks to Ph.D. Rune Jungen, Ph.D.Johan L6nnroth and M.A.Lars Andersson. c' This book is also my doctoral dissertation for which professor Ake E. Andersson has acted as supervisor. It has been a privilege for me to have him as my supervisor. I have benefited a great deal from a professional as well as a personal point of view. There are other members of the Department of Economics to whom I am indebted. Professor Harald Dickson was a close reader of my last drafts. The help I got from Ph.D.Lennart Hjalmarsson and Ph.D.Olle Ohlsson has also been indispensable to me. Ph.D.Barbro Atlestam, M.A.G6sta Olavi and Ph.D.Folke Snickars have assisted with calculations and the solution of mathematical pro blems. At last the author wishes to thank M. A . Mette Lembring who made the translation from Swedish. Jan Gunnarsson Contents V PREFACE Definition of the problem and results 1. 1.1. Some comments on the structure of systems of centres 1 A brief survey of problems 5 1.2.
Download or read book The Handbook of Organizational Economics written by Robert S. Gibbons and published by Princeton University Press. This book was released on 2013 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt: (E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
Download or read book Reader s Guide to the Social Sciences written by Jonathan Michie and published by Routledge. This book was released on 2014-02-03 with total page 2166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2-volume work includes approximately 1,200 entries in A-Z order, critically reviewing the literature on specific topics from abortion to world systems theory. In addition, nine major entries cover each of the major disciplines (political economy; management and business; human geography; politics; sociology; law; psychology; organizational behavior) and the history and development of the social sciences in a broader sense.
Download or read book Between Hierarchies and Markets written by Grahame Thompson and published by Oxford University Press, USA. This book was released on 2003 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book conducts a survey into the ways in which the word 'network' has been deployed in a wide range of literature. In particular, it offers a commentary on how the idea of networks has been to illustrate contemporary forms of socio-economic organization (as well the idea of a 'network society' or a 'network state', for instance), broadly conceived to also include the political aspects of networks."--BOOK JACKET. Book jacket.
Download or read book The Economic Organization written by Frank Hyneman Knight and published by Transaction Publishers. This book was released on 2013-06-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth"--the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight's The Economic Organization . This book should be read by all economists, historians, and policy makers.
Download or read book Economic Organization Capabilities and Coordination written by Nicolai Foss and published by Routledge. This book was released on 2013-06-17 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms. This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.
Download or read book Structures of Capital written by Sharon Zukin and published by CUP Archive. This book was released on 1990-05-25 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although market importance is acknowledged, this work's emerging theme is the need to account for the ways in which multiple forms of social organization -- elite groups, communities & government structures -- influence economic processes.
Download or read book Law and Economics in Europe written by Klaus Mathis and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This anthology illustrates how law and economics is developing in Europe and what opportunities and problems – both in general and specific legal fields – are associated with this approach within the legal traditions of European countries. The first part illuminates the differences in the development and reception of the economic analysis of law in the American Common Law system and in the continental European Civil Law system. The second part focuses on the different ways of thinking of lawyers and economists, which clash in economic analysis of law. The third part is devoted to legal transplants, which often accompany the reception of law and economics from the United States. Finally, the fourth part focuses on the role economic analysis plays in the law of the European Union. This anthology with its 14 essays from young European legal scholars is an important milestone in establishing a European law and economics culture and tradition.
Download or read book Encyclopedia of Power written by Keith Dowding and published by SAGE. This book was released on 2011-02 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collects 381 entries that discuss political science, international relations, and sociology.
Download or read book Readings in Industrial Society written by Leon Carroll Marshall and published by . This book was released on 1918 with total page 1130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Theory of Production written by Roberto Scazzieri and published by . This book was released on 1993 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new analytical framework the theory of production. It is based upon a rigorous reconstruction of the intellectual heritage of economics, but focuses upon issues that are traditionally left aside by economists, such as the distinction between three dimensions of the production process (tasks, capabilities, materials in process), the organizational approach to scale and size, and the idea that different institutional set-ups may be compatible with a given 'objective' standard of efficiency. This study thus fills an important gap in the existing theoretical literature on productive structures. Part One presents the general conceptual framework and investigates its roots in the received tradition of economic theory. Part Two expounds the pure theory of tasks and processes in which important features of the production structure are considered independently of agents' capabilities and materials' characteristics. Part Three explicitly introduces agents and materials, and argues that the gradual opening up of the above 'hierarchical' theory of production to institutional and historical elements provides an invaluable insight into the relative importance of factors moulding the actual forms of productive organization and processes of structural change.
Download or read book Austrian Theory and Economic Organization written by G. Nell and published by Springer. This book was released on 2014-08-13 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Austrian economic school famously predicted and explained the problems of calculation in a socialist society. With their concept of spontaneous order, they challenged mainstream economists to look beyond simplified static models and consider the dynamic and evolutionary characteristics of social orders. However, many feel that Austrians took their victory too far and became ideologically devoted to laissez-faire. Austrian Theory and Economic Organization is a collection of essays on problems and possibilities in economic organization, written by economists and political scientists with an interest in the dynamic and evolutionary nature of market economies. Each chapter explores areas of potential agreement between Austrian theory, market socialist economics, and other heterodox schools of economic and political science. The collection aims to bridge cultural and political divisions between free market advocates who stress individual rights and left-leaning thinkers who stress social justice and a culture of solidarity.
Download or read book Comparative Economic Organization written by Oliver E. Williamson and published by . This book was released on 1994 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
