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CAMBRIDGE UNIVERSITY PRESS The Economic Nature Of The Firm : A Reader by Edited by Randall S. Kroszner , Edited by Louis Putterman
This book brings together classic writings on the economic nature and organization of firms, including works by Ronald Coase, Oliver Williamson, and Michael Jensen and William Meckling, as well as more recent contributions by Paul Milgrom, Bengt Holmstrom, John Roberts, Oliver Hart, Luigi Zingales, and others. Part I explores the general theme of the firms nature and place in the market economy; Part II addresses the question of which transactions are integrated under a firms roof and what limits the growth of firms; Part III examines employer-employee relations and the motivation of labor; and Part IV studies the firms organization from the standpoint of financing and the relationship between owners and managers. The volume also includes a consolidated bibliography of sources cited by these authors and an introductory essay by the editors that surveys the new institutional economics of the firm and issues raised in the anthology.show more