Coordination Of Economic Activity
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| Author | : James W. Friedman |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 229 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 940111398X |
Coordination is extremely important in economic, political, and social life. The concept of economic equilibrium is based on the coordination of producers and consumers in buying and selling. This book reviews the topic of coordination from an economic, theoretical standpoint. The aim of this volume is twofold: first, the book contributes to the ongoing research on the economics of coordination; and second, it disseminates results and encourages interest in the topic. The volume contains original research on coordination including general game-theoretic questions, particular coordination issues within specific fields of economics (i.e. industrial organization, international trade, and macroeconomics), and experimental research.
| Author | : James W Friedman |
| Publisher | : |
| Total Pages | : 244 |
| Release | : 1993-12-31 |
| Genre | : |
| ISBN | : 9789401113991 |
| Author | : Naomi R. Lamoreaux |
| Publisher | : University of Chicago Press |
| Total Pages | : 348 |
| Release | : 2007-12-01 |
| Genre | : Business & Economics |
| ISBN | : 0226468585 |
Case studies that examine how firms coordinate economic activity in the face of asymmetric information—information not equally available to all parties—are the focus of this volume. In an ideal world, the market would be the optimal provider of coordination, but in the real world of incomplete information, some activities are better coordinated in other ways. Divided into three parts, this book addresses coordination within firms, at the borders of firms, and outside firms, providing a picture of the overall incidence and logic of economic coordination. The case studies—drawn from the late nineteenth and early twentieth century, when the modern business enterprise was evolving, address such issues as the relationship between coordination mechanisms and production techniques, the logic of coordination in industrial districts, and the consequences of regulation for coordination. Continuing the work on information and organization presented in the influential Inside the Business Enterprise, this book provides material for business historians and economists who want to study the development of the dissemination of information and the coordination of economic activity within and between firms.
| Author | : Stanley Reiter |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 1999 |
| Genre | : Industrial organization (Economic theory) |
| ISBN | : |
| Author | : Robert E. Krainer |
| Publisher | : Greenwood |
| Total Pages | : 360 |
| Release | : 1985 |
| Genre | : Business & Economics |
| ISBN | : |
| Author | : Joe Gyourko |
| Publisher | : |
| Total Pages | : 76 |
| Release | : 1978 |
| Genre | : Macroeconomics |
| ISBN | : |
| Author | : Marta Podemska-Mikluch |
| Publisher | : |
| Total Pages | : 32 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
Economic theory contains a significant theoretical antinomy that we seek to erase. That theory can account for coordination through markets. Such coordination, however, covers only some 50-60 percent of economic activity within developed nations. The theory ignores the remainder by presuming that it is provided somehow through the insertion of collective planning and power. We seek to erase this common theoretical antinomy by locating political action within the transactional framework of market interaction. All economic activity, whether pursued by private or collective entities, occurs within a framework of incomplete and distributed knowledge. A significant precursor to our effort is Maffeo Pantaleoni's (1911) recognition of the parasitical character of political pricing, where political entities calculate through parasitical attachment to market entities. We use a simple model of coordination within an airport to illustrate our approach to economic coordination among differently constituted enterprises.
| Author | : Robert Krainer |
| Publisher | : Praeger |
| Total Pages | : 0 |
| Release | : 1985-03 |
| Genre | : Business & Economics |
| ISBN | : 0275901300 |
This volume integrates financial theory, particularly financial contracting theory, into macroeconomics. The role of financial contracts in reducing the conflict between the various factors of production within the firm is described, particularly their influence upon the pricing, employment, production, and financing decisions of firms during various stages of the business cycle. Dr. Krainer takes an unconventional approach to the subject of financial institutions and markets: by applying financial theory to macroeconomic topics, he portrays a different view of how the financial system interacts with the economy.
| Author | : Peter-J. Jost |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 0 |
| Release | : 2011 |
| Genre | : Managerial economics |
| ISBN | : 9781848441897 |
This book provides a comprehensive economic approach for the analysis of organizational structure. It considers the parallels of coordination within firms, coordination between firms and market coordination and offers an economic analysis of the advantages and disadvantages of various instruments of coordination. Looking at examples in the practical world, it provides individual concepts and insights on an economic approach to organization. The book first presents an overall framework of economic organization and its architecture. It then analyzes non-hierarchical coordination mechanisms, and the structure of hierarchical coordination before addressing the choice of a suitable organizational structure. The book will be useful for students of economic and social sciences, with an emphasis on organization and personnel, as well as practitioners in organization and management. Contents: Preface Part I: Organizations and the Role of Coordination 1. Economic Organizations and their Architecture 2. The Analysis of the Coordination Problem Part II: Coordinating Economic Activities: From Markets to Hierarchies 3. The Efficiency of Markets 4. The Analysis of Transactions Part III: Hierarchies as a Coordination Mechanism 5. Basic Forms of Hierarchical Coordination 6. Organizational Structures Bibliography Index
| Author | : Jean Cartelier |
| Publisher | : |
| Total Pages | : 34 |
| Release | : 1989 |
| Genre | : Equilibrium (Economics) |
| ISBN | : |
