The principal agent model

the economic theory of incentives

The economics of asymmetric inormation has been the most important new tool of economic analysis and has proved powerful in explaining many aspects of the functioning of the economy.

Genetic and cultural evolution of cooperation

Current thinking in evolutionary biology holds that competition among individuals is the key to understanding natural selection. When competition exists, it is obvious that conflict arises; the emergence of cooperation, however, is less straightforward and calls for in-depth analysis. Much research is now focused on ...

Análisis del entorno económico de la empresa

Las empresas, los consumidores, los inversores, los políticos y, en general, todos los ciudadanos deben tomar continuamente decisiones económicas que se ven afectadas, en mayor o menor medida, por el grado de dinamismo del entorno económico del país en el que desarrollan sus actividades. En ...

Tecnología e innovación en la empresa

En la década de los años noventa,el papel de la tecnología y la innovación en la competitividad empresarial alcanzó un reconocimiento generalizado,que vino acompañado de una doble preocupación:entender y profundizar el conocimiento de las características del proceso innovador y,en consecuencia,definir ...

Post Keynesian econometrics, microeconomics and the theory of the firm

Vilfredo Pareto and the birth of modern microeconomics

Trust: forms, foundations, functions, failures and figures

Large firms and institutional change

industrial renewal and economic restructuring in France

Productivity, inequality, and the digital economy

a transatlantic prespective

The widespread diffusion of information and communication technologies (ICT) has had controversial, seemingly paradoxical consequences. ICT are viewed as driving growth and employment in the United States, while contributing to European unemployment and the so-called Eurosclerosis. At the same time, both the United States and ...

The economics of business enterprise

an introduction to economic organisation and the theory of the firm

The foundations of entrepreneurship

Recent changes in the world economy have made the pursuit of entrepreneurial opportunity increasingly important to wealth creation. Moreover, as business schools worldwide have embraced the study of entrepreneurship, a conceptual framework for the field is beginning to emerge. This text examines the people who ...

Economic foundations of private law

This reader brings together some seminal papers on law and economics, with special emphasis on the foundational contributions to the economics of property, contracts and torts. The growing influence of these writings in the judicial profession, and in the academic world, underscores the relevance and ...

Competitive solutions

the strategist's toolkit

Table of Contents Preface xiii Preamble xiii Contents xvi What Is Strategy? xviii Acknowledgments xix Chapter 1. Introduction 1 Executive Summary-- Introduction 7 Chapter 2. Industry Analysis 9 The Five Six Forces 9 Entry 11 Buyer Bargaining Power 16 Supplier Bargaining Power 18 Substitute Products ...

La naturaleza de la empresa

orígenes, evolucion y desarrollo

Comps. Oliver E. Williamson, Sidney G. Winter

The economic structure of corporate Law

The authors argue that the rules and practices of corporate law mimic contractual provisions that parties involved in corporate enterprise would reach if they bargained about every contingency at zero cost and flawlessly enforced their agreements. But bargaining and enforcement are costly, and corporate law ...