The Economics of Organization
eBook - PDF

The Economics of Organization

  1. 292 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

The Economics of Organization

About this book

Advanced Textbooks in Economics, Volume 21: The Economics of Organization focuses on the processes, methodologies, and approaches involved in the study of various topics in economics, mathematical economics, and econometrics. The publication first ponders on the general resource allocation problem, particularly noting that a theory of resource allocation is formed by studying the deliberate and purposeful choices of individuals to provide a model for human behavior in the economic realm. The theory of exchange emphasizes that coordination and equilibrium must be formed to explain social linkages. The text then explains market allocation, and a number of propositions are discussed to show the dynamics of this field. The manuscript elaborates on transaction costs, markets and uncertainty, and behavior in the face of uncertainty. The publication also takes a look at the terms of authority, measuring of information, value of communication in teams, cost of communication, and budget planning. The formal organization of decision-making, hierarchical supervision and loss of control, alternative requirements of formal organization, and expedience and incentives are also underscored. The text is a valuable reference for researchers interested in the economics of organization.

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Yes, you can access The Economics of Organization by James D. Hess, C.J. Bliss,M.D. Intriligator in PDF and/or ePUB format, as well as other popular books in Business & Industrial Management. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Front Cover
  2. The Economics of Organization
  3. Copyright Page
  4. Table of Contents
  5. Introduction to the series
  6. Acknowledgements
  7. Chapter 1. Introduction
  8. Chapter 2. The general resource allocation problem
  9. Chapter 3. Market allocation
  10. Chapter 4. Transaction costs
  11. Chapter 5. Markets and uncertainty
  12. Chapter 6. Behavior in the face of uncertainty
  13. Chapter 7. Why are there bosses?
  14. Chapter 8. The terms of authority
  15. Chapter 9. Measuring information
  16. Chapter 10. The value of communication in teams
  17. Chapter 11. Cost of communication
  18. Chapter 12. Budget planning: Transfer prices or quotas
  19. Chapter 13. Principals and agents
  20. Chapter 14. Hierarchical supervision and loss of control
  21. Chapter 15. Formal organization of decision-making
  22. Chapter 16. Alternative requirements of formal organization
  23. Chapter 17. Expedience and incentives
  24. References
  25. Author index
  26. Subject index