Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
Economic Efficiency of the Organizational Decisions of the Firm
Foyalty 273

Economic Efficiency of the Organizational Decisions of the Firm (Paperback)

£89.99
Currently unavailable to order online.
Email me when back in stock

Synopsis

Over the past several years there has been an awareness that mar- kets, contractual arrangements, and hierarchical organizations can be uti- lized as alternative modes of coordinating resource utilization in the con- text of the firm. In most practical situations mixed forms of organization are more frequent. That is, non-market coordination mechanisms are being utilized even in predominantly market oriented economies. The reasons for the use of one of these organizational modes over the others are still being examined extensively. Very often, asset specificity and bilateral monopoly, risk sharing under uncertainty, transaction cost considerations, and/or technological externalities (economies of scope) have been considered as the major reasons for preferring one of these modes over the others. However, the ultimate effect on the performance of the firm, of any of these aspects which result in the adoption of any specific organizational pattern, has to be through the cost curve and/or the demand curve. The neoclassical welfare concepts, which have been developed to examine the efficiency in the functioning of markets, are well known. The sources of inefficiency in the performance of the firm under different mar- ket structures are also well documented. However, there is as yet no well established set of concepts to examine the economic efficiency of the other organizational forms. It is not clear that the neoclassical welfare concepts are not relevant even under the new organizational setting. Studies of this nature are a relatively new area of economic research.

BusinessEconomicsEconomic theory & philosophyBusinessEconomicsMicroeconomics Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Publication Date: 13/10/1989 ISBN-13: 9783540515708  Details: Type: Paperback Format: Books
Availability: Currently unavailable to order online.  

More books by T. V. S. Ramamohan Rao

Leave Review

Delivery

Delivery Options

All delivery times quoted are the average, and cannot be guaranteed. These should be added to the availability message time, to determine when the goods will arrive. During checkout we will give you a cumulative estimated date for delivery.

Location 1st Book Each additional book Average Delivery Time
UK Standard Delivery FREE FREE 3-5 Days
UK First Class £4.50 £1.00 1-2 Days
UK Courier £7.00 £1.00 1-2 Days
Western Europe** Courier £17.00 £3.00 2-3 Days
Western Europe** Airmail £5.00 £1.50 4-14 Days
USA / Canada Courier £20.00 £3.00 2-4 Days
USA / Canada Airmail £7.00 £3.00 4-14 Days
Rest of World Courier £22.50 £3.00 3-6 Days
Rest of World Airmail £8.00 £3.00 7-21 Days

** Includes Austria, Belgium, Denmark, France, Germany, Greece, Iceland, Irish Republic, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and Switzerland.

Delivery Help & FAQs

Returns Information

If you are not completely satisfied with your purchase*, you may return it to us in its original condition with in 30 days of receiving your delivery or collection notification email for a refund. Except for damaged items or delivery issues the cost of return postage is borne by the buyer. Your statutory rights are not affected.

* For Exclusions and terms on damaged or delivery issues see Returns Help & FAQs

You might also like

Aquinas and the Market: Toward a...
(Hardback)
Mary L. Hirschfeld
 
 
£35.95
 
New Developments in Islamic ...
(Hardback)
Asmak Ab Rahman
 
 
£65.00
 
Adam Smith: A Very Short Introduction
(Paperback)
Christopher J. Berry
 
 
£7.99
 
© W&G Foyle Ltd
Foyles uses cookies to help ensure your experience on our site is the best possible. Click here if you’d like to find out more about the types of cookies we use.
Accept and Close