The Cooperative Nature of the Firm - Tatsuro Ichiishi

The Cooperative Nature of the Firm

Buch | Softcover
232 Seiten
2008
Cambridge University Press (Verlag)
978-0-521-05969-5 (ISBN)
47,35 inkl. MwSt
Using a theory embodying both the neoclassical market mechanism, and the cooperative game, this is a study of two major resource allocation mechanisms; price and the organization of firms.
This book is an analysis of the modern economy's two major resource allocation mechanisms. The price mechanism has been subject to extensive examination by neoclassical economists, but there has been relatively little attention paid to the impact of the organization of firms on allocation. Professor Ichiishi presents a distinctive theory of the firm which views firms as organizations characterized by diversity of interest among their members, but an acceptance of a coordinated choice of activities: a coalition formed when people play a cooperative game. Using a theory embodying both the neoclassical market mechanism, and the cooperative game, the author derives a number of original results thereby contributing to the theory of the firm, cooperative game theory, and general equilibrium analysis theory.

Preface; 1. Elements of the theory of the firm; 2. Descriptive cooperative game theory; 3. General equilibrium analysis of the nature of the firm; 4. Welfare implications of the nature of the firm; 5. Normative theory of production economy with increasing returns to scale; 6. Stable hierarchical structures; References; Index.

Erscheint lt. Verlag 4.2.2008
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Maße 152 x 228 mm
Gewicht 380 g
Themenwelt Wirtschaft Volkswirtschaftslehre Mikroökonomie
ISBN-10 0-521-05969-0 / 0521059690
ISBN-13 978-0-521-05969-5 / 9780521059695
Zustand Neuware
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