Download or read book The Economic Intstitutions of Capitalism written by Oliver E. Williamson and published by Simon and Schuster. This book was released on 1985 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This long-awaited sequel to the modem classic "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations.
Download or read book The Economic Institutions of Capitalism 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 is based on the belief that economic organization is shaped by transaction cost economizing decisions. It sets out the basic principles of transaction cost economics, applies the basic arguments to economic institutions, and develops public policy implications. Any issue that arises, or can be recast as a matter of contracting, is usefully examined in terms of transaction costs. Transaction cost economics maintains that governance of contractual relations is mainly achieved through institutions of private ordering instead of legal centralism. This approach is based on behavioral assumptions of bounded rationalism and opportunism, which reflect actual human nature. These assumptions underlie the problem of economic organization: to create contract and governance structures that economize on bounded rationality while safeguarding transactions against the hazards of opportunism. The book first summarizes the transaction cost economics approach to the study of economic organization. It develops the underlying behavioral assumptions and the types of transactions; alternative approaches to the world of contracts are presented. Assuming that firms are best regarded as a governance structure, a comparative institutional approach to the governance of contractual relations is set out. The evidence, theory, and policy of vertical integration are discussed, on the basis that the decision to integrate is paradigmatic to transaction cost analysis. The incentives and bureaucratic limits of internal organization are presented, including the dilemma of why a large firm can't do everything a collection of small firms can do. The economics of organization in presented in terms of transaction costs, showing that hierarchy also serves efficiency and permits a variety of predictions about the organization of work. Efficient labor organization is explored; on the assumption that an authority relation prevails between workers and managers, what governance structure supports will be made in response to various types of job attributes are discussed, and implications for union organization are developed. Considering antitrust ramifications of transaction cost economics, the book summarizes transaction cost issues that arise in the context of contracting, merger, and strategic behavior, and challenges earlier antitrust preoccupation with monopoly. (TNM).
Download or read book Capitalism Institutions and Economic Development written by Michael G. Heller and published by Routledge. This book was released on 2009-09-10 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this forthright challenge to relativist economic recipes for growth and culturalist-incrementalist views in institutional economics, Heller draws on Weber, Schumpeter, and Hayek to present a new universalistic vision of capitalism's depersonalized institutions as well as the ideological policies needed during constructed capitalist transitions.
Download or read book The Economic Institutions of Capitalism written by Oliver E. Williamson and published by . This book was released on 1999 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Download or read book The Fundamental Institutions of Capitalism written by Ernesto Screpanti and published by Routledge. This book was released on 2001-07-19 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a radical institutional approach to the analysis of capitalism. The author discusses a wide range of topics and puts forward a number of arguments that expose common ground in both neoclassical and Marxist orthodoxies.
Download or read book Micro institutional Foundations of Capitalism written by Roselyn Hsueh and published by Cambridge University Press. This book was released on 2022-06-30 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between internal development and integration into the global economy in developing countries? How and why do state–market relations differ? And do these differences matter in the post-cold war era of global conflict and cooperation? Drawing on research in China, India, and Russia and examining sectors from textiles to telecommunications, Micro-institutional Foundations of Capitalism introduces a new theory of sectoral pathways to globalization and development. Adopting a historical approach, the book's Strategic Value Framework shows how state elites perceive the strategic value of sectors in response to internal and external pressures. Sectoral structures and organization of institutions further determine the role of the state in market coordination and property rights arrangements. The resultant dominant patterns of market governance vary by country and sector within country. These national configurations of sectoral models are the micro-institutional foundations of capitalism, which mediate globalization and development.
Download or read book Conceptualizing Capitalism written by Geoffrey M. Hodgson and published by University of Chicago Press. This book was released on 2016-09-09 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capitalism is the dominant economic framework in modern history, but it s unclear how it really works. Relying on the free movement and spontaneous coordination of seemingly infinitesimal market forces, its very essence is remarkably complex. Geoffrey M. Hodgson offers a more precise conceptual framework, defines the concepts involved, and illustrates that what is most important, and what has been most often overlooked, are institutions and contractsthe law. Chapter by chapter, Hodgson focuses in on how capitalism works at its very core to develop his own definitive theory of capitalism. By employing economic history and comparative analysis toward explanatory and analytical ends, Hodgson shows how capitalism is not an eternal or natural order, but indeed a relatively recent institution. If anyone were qualified to venture such a comprehensive and definitive analysis of such an important economic, legal, and social phenomenon, it is Geoffrey Hodgson. "Conceptualizing Capitalism" will significantly alter and carry forward our understanding of markets and how they work."
Download or read book The Economics of Property Rights Property rights and economic performance written by Svetozar Pejovich and published by . This book was released on 2001 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contemporary Capitalism written by J. Rogers Hollingsworth and published by Cambridge University Press. This book was released on 1997 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that there is no single best institutional arrangement for organizing modern societies. Therefore, the market should not be considered the ideal and universal arrangement for coordinating economic activity. Instead, the editors argue, the economic institutions of capitalism exhibit a large variety of objectives and tools that complement each other and can not work in isolation. The various chapters of the book ask what logics and functions institutions follow and why they emerge, mature and persist in the forms they do.
Download or read book Property and Prophets written by E. K. Hunt and published by HarperCollins Publishers. This book was released on 1978 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise history of the rise and subsequent triumph of capitalism. Focused primarily on England until 1800 and the United States since 1800, the book's economic history is interspersed with the "history of ideas" that evolved along with the capitalist system. The ideas are divided between those that tended to furnish an ideological rationale for capitalism and those that tended to be critical of it. The final section discusses contemporary capitalism and the ideas of its defenders and critics
Download or read book Capitalism from Below written by Victor Nee and published by Harvard University Press. This book was released on 2012-06-19 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.
Download or read book Competing Capitalisms written by Richard Whitley and published by . This book was released on 2002 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Sociology of Capitalism written by Victor Nee and published by Princeton University Press. This book was released on 2005-07-25 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributors examine the nature & workings of capitalism from the perspective of economic sociology.
Download or read book The Economic Institutions of Capitalism written by Oliver E. Williamson and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Organization of East Asian Capitalism written by Marco Orru and published by SAGE. This book was released on 1997 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia's dynamic entrance into the global economy has provided a fruitful avenue for research in economic sociology. In this perceptive and timely volume, authors Nicole Woolsey Biggart, Gary G. Hamilton, and the late Marco Orru theorize Asian capitalism and analyze the economic organization of East Asia. Presenting differing dimensions of a Weberian perspective, the authors first provide a theoretical grounding, then consider capitalism in East Asia comparatively, and finally contrast the economies of East Asia and Europe. The Economic Organization of East Asian Capitalism shows how radically different social and cultural institutions can lead to economies that are organized and work in remarkably similar ways. This thought-provoking volume will be essential for students and professionals in the fields of political science, management, third world studies, sociology, international relations, international business, and cross-cultural studies.
Download or read book The Economic Institutions of Capitalism written by Oliver Eaton Williamson and published by . This book was released on 1987 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt:
