Markets, organizations and information beyond the dichotomies of industrial organization /
Markets, Organizations and Information: Beyond the Dichotomies of Industrial Organization discusses the functions of institutions in solving economic problems. The book is comprised of 12 chapters that tackle aspects of industrial organization. The first chapter discusses ways to approach industrial...
| Main Author: | Brown, Wilson B., 1938- |
|---|---|
| Other Authors: | ScienceDirect (Online service) |
| Format: | eBook |
| Language: | English |
| Published: |
Toronto :
Butterworths,
1992.
|
| Physical Description: |
1 online resource (ix, 217 pages) : illustrations. |
| Subjects: |
Table of Contents:
- Front Cover; Markets, Organizations and Information: Beyond the Dichotomies of Industrial Organization; Copyright Page; Table of Contents; Foreword; Preface; Acknowledgements; CHAPTER 1. FRESH APPROACHES TO INDUSTRIAL ORGANIZATION; NEO-CLASSICAL AND NEO-INSTITUTIONAL APPROACHES; ECONOMICS AND UNCERTAINTY; THE CONCEPT OF THE FIRM; CHAPTER 2. THE GROWTH OF THE FIRM: A HISTORICAL PERSPECTIVE; ORGANIZATIONS FOR PRODUCTION; THE GROWTH OF THE MODERN BUSINESS FIRM; THE MODERN FIRM AND THE MARKET ECONOMY; EFFECT ON OTHER ORGANIZATIONS; CHAPTER 3. TOWARDS A THEORY OF THE FIRM; FIRM AND MARKET.
- The nature of informationchapter 4. the appropriation of benefits; information and appropriation; coordination, synergy, and their rents; chapter 5. risk and capital in an information failures framework; debt and equity; risk, ownership, and entrepreneurship in an information-scarce world; risk, information, and responsibility; chapter 6. market-like behaviour within the firm; the development of profit centres; internal transaction costs; beyond monitoring; chapter 7. joint costs and joint benefits: allocating the unallocatable; accounting, economics, and positivism.
- Managerial accounting and costshandling benefits; chapter 8. firm-like behaviour; the overdrawn distinction between firms and markets; the administered channel; franchises; alliances; chapter 9. allocative inefficiency, x-inefficiency, and corporate takeovers; three types of inefficiency; the agency problem; information and equity markets; takeovers, information, and the debt market; poison pills and anti-takeover legislation; x-inefficiency in publicly owned corporations; conclusion; chapter 10. the economic role of marketing; a neo-institutional interpretation of marketing.
- MARKETING AS INFORMATIONMATCHING, RISKS, AND RENTS; THE ECONOMIC BENEFITS OF MARKETING; CHAPTER 11. VERTICAL INTEGRATION AND THE PRODUCT LIFE CYCLE; THE PRODUCT LIFE CYCLE; BENEFITS, ADMINISTRATIVE COSTS, AND TRANSACTION COSTS OVER THE LIFE CYCLE; CHAPTER 12. THE MULTINATIONAL FIRM; ORIGINS OF THE MULTINATIONAL FIRM; THE THEORETICAL CHALLENGE OF MULTINATIONALS; BEYOND THE ECLECTIC MODEL; How MULTINATIONAL FIRMS ARE DIFFERENT; THE EFFECTS OF LIMITING MULTINATIONAL ENTERPRISE; CONCLUSION; THE CASE STUDIES: INTRODUCTION; Case One PRESSURES FOR INTERNALIZATION (MASSEYFERGUSON).
- Case Two WESTERN FIRMS FACE DIFFICULTIES IN CONTRACTING OUTTHE INS AND OUTS OF OUTING; Case Three NORTHERN TELECOM'S INTERNAL MARKETS; A RATIONAL VIEW OF THE WORLD; Case Four THE BANANA BUSINESS; INTRODUCTION; A BRIEF HISTORY; UNITED FRUIT'S COMPETITORS; THE EXTENT OF VERTICAL INTEGRATION; OTHER ASPECTS OF THE BANANA INDUSTRY; Case Five THE NATURE OF RENT: A DEBATE; Bibliography; Index.